Timbuktu resumes trading on ASE
Seven months after being halted in a scandal over allegations that its drill results had been tampered with, Timbuktu Gold (TBT-A) has resumed trading on the Alberta Stock Exchange.Spectacular first d…
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EXPLORATION ROUNDUP — Japanese explorer Sumitomo outlines large gold deposit in central Alaska
With assistance from Watts, Griffis & McOuat (WGM) and the Metal Mining Agency of Japan (MMAJ), Sumitomo has been exploring for the yellow metal in little-known parts of east-central Alaska. The fruit…
Ursa Major eyes expansion at Koktasjal property
Surface grab samples from the Southeast zone of the Koktasjal copper-gold porphyry project in northern Kazakhstan have returned encouraging results for Ursa Major International (URSA-C).The new zone l…
EXPLORATION ROUNDUP — Chesbar starts Venezuelan exploration
A soil geochemistry program by Chesbar Resources (CBI-M) in Venezuela has resulted in the discovery of three new gold zones on the Guaiquinima II and Anacoco II concessions.The zones were found immedi…
INSIDER TRADING — Gitennes executives sell company shares
Directors and officers of Gitennes Exploration (GIT-A) were among the insiders who traded securities in recent weeks, according to the Ontario Securities Commission.J.D. Blackwell, senior officer, sol…
Trillion drills in Mozambique
Diamond drilling by partners Trillion Resources (TLQ-T) and Greenhope Resources (GRH-M) is under way at two gold properties near Manica, Mozambique.The Braganca-Chimeze property will be subjected to f…
Alta Gold gains Nevada property
Junior Alta Gold (ALTA-Q) has acquired the Excalibur gold property in western Nevada.The property, which comprises 62 unpatented mining claims, lies 20 miles southwest of the town of Mina, in Mineral …
Partners expand Wolverine
The geological resource of the Wolverine deposit is now estimated at just over 5.3 million tonnes grading 1.81 grams gold and 359.1 grams silver per tonne, plus 12.96% zinc, 1.41% copper and 1.53% lea…
EXPLORATION ROUNDUP — Fipke determined to climb every mountain
The man who sparked the great diamond rush in Canada’s Northwest Territories is too busy with new projects to spend much time celebrating government approval of this country’s first diamond mine.When …
Santa Fe builds on grassroots projects in Kazakhstan
The geologic potential of Kazakhstan has prompted Santa Fe Pacific Gold (GLD-N) to intensify efforts in the region, where it has been quietly proving up grassroots projects for the past two years.The …
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Phelps Dodge finds copper system
Exploration by Phelps Dodge (PD-N) has uncovered a copper system at the Cerro Verde project in Mexico’s Sonora state.The major is earning a 60% interest in the project from Corner Bay Minerals (BAY-T)…