Placer Dome to gain stake in Alaskan property
Teryl Resources (TRC-V) and the U.S. subsidiary of Placer Dome (PDG-T) have struck a deal whereby the latter can earn a 60% interest in the Westridge property in Alaska.Placer Dome U.S. can earn its i…
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LATIN AMERICA — Campo Morado project draws junior explorers to Mexico — Reforms pave way for influx of North American companies
Situated halfway between Mexico City and Acapulco in Guerrero state, the Campo Morado region is luring several North American companies, including Farallon Resources (FAR-V), Teck (TEK-T) and Newmont …
LATIN AMERICA — MacDonald expands mineral prospects in Cuba
The ongoing exploration programs of MacDonald Mines Exploration (MMP.A-A) continue to expand gold, silver and copper resources at the company’s Cuban properties.Results from 27 holes drilled on the Th…
LATIN AMERICA — Campbell looks to Latin America for growth opportunities — Panama’s Cerro Quema gold mine expected to boost company’s annual output
Using the Joe Mann gold mine in Quebec as its production cornerstone, Campbell Resources (CCH-T) has met with considerable success in its efforts to seek and develop new opportunities in Central Ameri…
LATIN AMERICA — Noveder eyes prospect in Chile’s Maricunga
Best known for its exploration projects in Newfoundland, Noveder (NED-M) has acquired 7,400 ha near the producing Refugio gold mine in Chile’s Maricunga district.The deal comprises two properties, the…
LATIN AMERICA — Mar-West Resources focuses on underexplored gold in Central America — Encouraging trench results pave way for drilling on Honduran joint venture
A large circular hill, or domal feature, on the San Martin concession in central Honduras is being trenched by Mar-West Resources (MSR-V) in preparation of a 3,000-metre drill program, to begin this m…
First Dynasty fails to secure Indonesian mine
Indonesia’s state-owned mining company, Aneka Tambang, has decided to include the Gunung Pongkor gold mine in its initial public offering planned for later this year.As a result of this decision, Anek…
PEOPLE — ADDWEST MINERALS
James Houston appointed chairman; Charles Williams appointed president and chief executive officer; William Buchan appointed chief financial officer; Allan Marter, David Rennie and George Brazier appo…
High River sizes up Taparko gold property
Diamond drilling by High River Gold (HRG-T) has extended the strike lengths of two gold zones on the Taparko property in Burkina Faso, West Africa.By spending US$5.9 million on exploration over four y…
LATIN AMERICA — Westmin drills massive sulphides in southern Argentina
Initial drilling by operator Westmin Resources (WMI-T) at Yamana Resources’ (YRI-T) Arroyo Rojo massive sulphide prospect in Argentina has defined significant copper-lead-zinc mineralization beneath s…
LATIN AMERICA — Pan American to test targets in northern Peru
Silver mines and prospects in Central and South America will continue to be the primary focus of Pan American Silver (PAA-T), a Vancouver-based junior which produces 2.6 million oz. of the metal per y…
LATIN AMERICA — Rhodes incorporates new company
In order to focus on its Central European gold projects, Rhodes Mining (RHO-V) has incorporated a new company, Hyperion Resources (soon to be listed on the Vancouver Stock Exchange) to hold its Cuban …