Echo Bay ups its stake in Etruscan
Colorado-based Echo Bay Mines (TSE) has acquired 906,043 additional common shares of Etruscan Enterprises (VSE), thereby increasing its equity interest to 19.7% of outstanding shares (22.3% on a fully…
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PEOPLE — ALPHA GOLD
Richard Wilson appointed vice-president of investor and shareholder relations.
Drilling boosts grades at Ok Tedi
Increased grades at the Ok Tedi mine in Papua New Guinea will enable the operation to continue at near-current production rates, instead of declining over the remaining 15-year life as previously anti…
Braddick, Blue Emerald seeking Norwegian metals
Vancouver-listed junior Braddick Resources has optioned 93 claims covering 26.5 sq. km north of Oslo, Norway.The claims cover one known massive sulphide deposit, the Skiftesmyr, as well as the on-stri…
Kinross ups inventory at Goldbanks property
Reserves at the Goldbanks joint venture in Nevada have been expanded following drilling by 50%-owner Kinross Gold (TSE).As well as outlining additional reserves below the Main zone, the combined core …
Santa Fe enters joint venture with Kazakhs
After months of negotiations, Santa Fe Pacific Gold (NYSE) has signed an agreement with the government of Kazakhstan concerning the Sharaltyn joint venture.The agreement sets forth provisions for the …
Madsen moves mill to Red Lake mine
All components of the Dona Lake mill have been moved to the Madsen gold mine property near Red Lake, Ont., as Madsen Gold (TSE) works toward its goal of resuming production at its namesake operation.M…
LABRADOR NEWS ROUNDUP — Lakefield buys Labrador ground
CDN-listed Lakefield Minerals has acquired a 25% interest in 1,992 claims in the Voisey Bay, Harp Lake, Mealy Mountains and Minipi Lake areas of Labrador. .TThe properties belong to Westpine Metals (V…
Pursuit signs agreements in Asia
Agreements with landholders in the Philippines and Indonesia have set the stage for International Pursuit (TSE) to expand its mineral holdings in those countries.In the Philippines, Pursuit and Vulcan…
Castle Rock secures drill permits
Drill permits have been granted to Castle Rock Explorations (VSE) for three prospective properties north of the Voisey Bay discovery in Labrador.One of these, the Okak Bay property, is a joint venture…
Thunderwood active near Owl Creek
With a 35% interest in a property sandwiched between the Owl Creek gold mine on the east and the Bell Creek mine on the west, Thunderwood Resources (TSE) had an unobstructed view of this summer’s acti…
LABRADOR NEWS ROUNDUP — Kingurutik ground shows promise
Preliminary sampling carried out on the Kingurutik North and South properties in Labrador have returned values of up to 0.31% nickel, 0.4% copper and 0.065% cobalt. The properties, held by Vancouver-l…