Summex launches action against Farallon
Vancouver-based Summex Mines (SXM-V) has launched a lawsuit in a Mexican court for control of the Campo Morado and Alina concessions in that country’s Guerrero state.The properties are currently held …
News
Juniors undistracted by Zaire’s political woes
Serious political unrest is failing to deter a number of North American juniors from exploring for copper and other minerals in Zaire’s Shaba province.In an attempt attempt to lock up development righ…
Mothballed Faro seen as victim of Murphy’s Law
The decison by Anvil Range Mining (ARO-T) to suspend mining at its Faro zinc-lead producer is attributable to a host of problems from which the Yukon operation has suffered in recent months.The closur…
Sparton options Timmins claims
Exploration, including diamond drilling, is planned by Sparton Resources (SPTN-C) for a newly acquired claim group near Timmins, Ont.To acquire a 100% interest in the claims, Sparton must make staged …
Sulliden finances Peruvian exploration
A recent $5-million private placement will provide funds for Exploration Sulliden (SUE-M) to explore its Las Huaquillas project in Peru.The junior says it intends to use 80% of the proceeds to explore…
EXPLORATION ROUNDUP — Link drilling enhances Pionero
With some 2,396 metres of drilling completed to date, Link Mineral Ventures (LMVL-C) has encountered silver-copper mineralization at its Pionero property in Honduras.A recent hole intersected 21.7 met…
EXPLORATION ROUNDUP — Breckenridge eyes Mexican prospect
Through a Mexican subsidiary, Breckenridge Minerals (BREK-C) plans to spend US$1 million exploring La Lajita, a land package in Mexico’s Durango state.Initial exploration will be focused on a surface …
EXPLORATION ROUNDUP — Manhattan drills Mexican discovery
A 10,000-ft. drill program is testing a gold discovery by Manhattan Minerals (MAN-T) at its optioned Candamena project in Mexico’s Chihuahua state.The property lies along the southern margin of the Oc…
THE DIAMOND PAGE — Macros recovered from Fort la Corne
The Fort la Corne diamond joint venture in Saskatchewan has unearthed an impressive number of macrodiamonds.A 28.4-tonne kimberlite sample, recovered from 11 small-diameter and two medium-diameter rev…
Barrick drills Jordex property in Bolivia
Two gold properties held by Jordex Resources (JDX-T) in the San Javier area of Bolivia are being drill-tested by joint-venture partner Barrick Gold (ABX-T).Reverse-circulation drilling will test the J…
Aur hits more gold at Coleman Canyon property
At the Coleman Canyon property in Nevada, held by Aur Resources (AUR-T), seven large backhoe trenches have uncovered disseminated gold in sedimentary rock.Most of the trenches intersected multiple min…
EXPLORATION ROUNDUP — Donlin Creek adds heat to gold play in Alaska
While Placer Dome (PDG-T) continues to downplay it as a mid-stage exploration target, the Donlin Creek gold project continues to generate interest.Situated in southwestern Alaska, the deposit was last…