Breckenridge enters into Chinese venture
Vancouver-based Breckenridge Resources (BKD-V) is the latest foreign company to scale the wall into China’s burgeoning mining industry.The company, in which Athabaska Gold Resources (AHB-T) holds a 29…
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EXPLORATION 1997 — Asia Minerals acquires prospecting concessions in China
Without fuss or fanfare, Asia Minerals (AMP-A) has acquired the right to explore one of the world’s least explored regions with potential for massive gold discoveries.The Vancouver-based junior, which…
EXPLORATION 1997 — Philippine gold mining company gains Toronto listing
A Philippine mining company has taken advantage of the hot market for mining stocks in Canada by spinning off its gold assets and listing the resulting subsidiary on the Toronto Stock Exchange.Philex …
EXPLORATION 1997 — Rio Algom to explore Kernow’s Joutel project
Based on a recent “letter of understanding,” Kernow Resources & Development (KRD-V) expects to conclude a formal agreement granting Rio Algom (ROM-T) an option to earn 55% of its Joutel property in no…
Diadem, partners outline targets
Partners Diadem Resources (DIR-M) and Bresea Resources (BSR-M) are testing several base metal targets at their Belitung project in Indonesia.Bresea has a 60% interest in the project, Diadem holds 30%,…
EXPLORATION 1997 — SouthernEra Resources aims to become major diamond producer
Given this country’s recent political transformation, it seems appropriate that its next major diamond mine boasts virtually colorless diamonds.SouthernEra Resources (SUF-T) is a year away from commer…
EXPLORATION 1997 — Solomon, Channel hit gold zone
The first phase of a drill program at the Bombore gold project in Burkina Faso is returning encouraging gold values for Solomon Resources (SRB-V) and Channel Resources (CHU-V).The best hole, 80, hit 6…
EXPLORATION 1997 — SEMAFO intensifies its exploration effort in Burkina Faso
At the same time that preparations are being made for prefeasibility studies on two advanced gold projects in Ghana and Guinea, West Africa Mining and Exploration (SMF-T) is carrying out grassroots wo…
Royal Oak hits high grade at Copperstone property
High-grade gold and Royal Oak Mines (RYO-T) don’t often appear in the same sentence. But that may change, if ongoing exploration continues to deliver results similar to those encountered at the compan…
EXPLORATION 1997 — Altavista to option Wild Mick property
Montreal-based junior Altavista Mines (AIA-M) can acquire a half interest in Toronto-based Inmet Mining’s (IMN-T) Wild Mick gold prospect in Zimbabwe.Comprising 22 sq. km, the property lies 22 km sout…
EXPLORATION 1997 — Banro Resource on hold in eastern Zaire after purchase of Sominki
Following its acquisition of privately held Sominki, Toronto-based Banro Resource (BANR-C) is anxious to get on with the job of exploring its exclusively held gold belt in eastern Zaire.But first the …
EXPLORATION 1997 — South Atlantic teams with Boliden to explore gold prospects in Baltic Shield
Partners South Atlantic Resources (SCQ-V) and Swedish mining giant Boliden plan to list a joint-venture exploration company on the Stockholm Stock Exchange, in connection with a public offering this s…