Shareholders of Carson Gold (CQJ-V) have unanimously approved the acquisitions of diamond projects in Africa and China. Appropriately, the company will henceforth be known as DiamondWorks.”We are seei…
Verena Minerals (VMCO-T) has begun exploring for diamonds and gold on its Porto Nacional properties in Brazil.The program is being conducted by RTZ-CRA (NYSE) as part of a joint-venture agreement betw…
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Reverse-circulation drilling is about to begin on the Lachatao gold property, a joint venture of the Mexican subsidiaries of International Northair Mines (INM-T) and Teck (TEK-T).Situated some 35 mile…
Through wholly owned Mexican subsidiaries, Morgain Minerals (MOG-V) is exploring its Compa project in the Sahuaripa area of Mexico’s Sonora state.The project is part of a 40,000-ha land package acquir…
Diamond drilling is scheduled to begin on Fairstar Explorations’ (FFR-M) 150-sq.-km Benso concession in Ghana, West Africa.The company will focus on three prospects — Amantin, Subriso and Chichiwelli…
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The Vancouver Stock Exchange composite index continued its slide during the week of Oct. 16-22, falling 46.14 points to close at 1,109.97. The resource index lost 88.75 points to finish at 2,146.Borne…
A newly established exploration arm of Rex Diamond Mining (RXD-T) will send a team to Sierra Leone to investigate the company’s kimberlite and alluvial prospects.Rex Exploration Division, supported by…
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With a development program under way at its namesake mine near Rouyn-Noranda, Que., McWatters Mining (MCW.A-M) also plans to spend $3 million to bring the Maude Lake gold project near Matheson, Ont., …
At the Chupaca project in the Ancash region of central Peru, Queenstake Resources (QTR-V) has completed the final three diamond drill holes of a 6-hole program.The project is on a structural trend, 2….
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