Castleworth boosts Pan
Vancouver — According to a new resource estimate, Castleworth Ventures’ (WTH-V) Pan deposit in Nevada contains 467,000 oz. gold.The new figure, calculated by Reno-based Mine Development Associates, m…
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Green Ice picks up Star Hill
A reverse-takeover of a private company will give International Green Ice (IGC-V) a property near Bisbee in Cochise Cty. in southeastern Arizona.The deal with private TSC Enterprises would bring in th…
Apollo Gold advances projects in western United States
Vancouver — Denver-based Apollo Gold (APG-T) is gradually moving its Montana and Nevada mine projects toward commercial production.For the first quarter, Apollo Gold tabled a net loss of $1.86 millio…
Terraco assembling Nevada property package
Through a series of three property deals, Terraco Gold (TEN-V) hopes to assemble a package of drill-ready gold targets in Nevada.In a deal with Newmont Mining (NEM-N), Terraco can acquire the Tuscaror…
Dumont drills Cane Springs
A three-hole drilling program at the Cane Springs gold project in western Utah, about 100 miles southwest of Salt Lake City, has turned up altered shear zones along strike from previously known minera…
Bema extends zone at Monument Bay
Drilling at the Monument Bay property in northeastern Manitoba has extended a portion of the Twin Lakes gold deposit.Bema Gold (BGO-T), which is earning an interest in the property under an option fro…
Victoria nabs Mill Canyon
Junior Victoria Resource (VIT-V) has bought the Mill Canyon gold property in Nevada from Newmont Mining (NEM-N).Situated in the Battle Mountain trend, Mill Canyon is considered prospective for dissemi…
DRC drills Afton
Vancouver — DRC Resources (DRC-T) continues to table encouraging results from infill drilling at the Afton copper project, near Kamloops, B.C.The drilling is part of a prefeasibility study, which wil…
Simmons to manage PDAC’s E3 program
The Prospectors & Developers Association of Canada (PDAC) has appointed Barry Simmons as project manager of E3 (Environmental Excellence in Exploration), an online guide to environmental practice in m…
Metallic Ventures advances Nevada projects
Reno-based Metallic Ventures (MVG-T) has had a busy spring furiously drilling two promising deposits on its Goldfield property in southwestern Nevada.The 24-sq.-mile Goldfield property, situated 270 m…
Royal Gold enjoys record quarter
Vancouver — The rising bullion price has prompted the largest U.S.-based precious metals royalty company to top up its till and look for acquisitions.Royal Gold (RGL-T) earned US$2.5 million (or US12…
Arch to buy Triton Coal for US$364 million
Arch Coal (AC-N), the second-largest coal producer in the U.S., has signed an agreement to buy Vulcan Coal Holdings, which owns all of the equity of Triton Coal Company, for $364 million in cash.Trito…