News



PEOPLE — LYON LAKE

Jean-Pierre Lachance appointed vice-president of international development.


Gill to address CIM luncheon

The president of Aur Resources, James Gill, will discuss his company’s Louvicourt copper-zinc-gold-silver deposit at the Oct. 20 luncheon of the Toronto branch of the Canadian Institute of Mining, Met…


Pacific Rim exploring Diablillos

An 11-hole, 2,014-metre drill program has ended on the Diablillos project in northern Argentina. Owned and operated by Pacific Rim Mining (VSE), Diablillos is a 3,600-hectare epithermal gold-silver pr…


Cambior takes major writedown at Valdez Creek

Mining operations at the A8 pit of the Valdez Creek placer gold mine in Anchorage, Alaska, indicate the average grade is 30% lower than expected. Consequently, owner Cambior (TSE) has reduced the net …


Pacific Falcon drills in Philippines

Vancouver-listed Pacific Falcon Resources is set to launch a drilling program in an effort to delineate the Guinaoang deposit on the Philippine island of Luzon. To date, 38 holes, totaling more than 3…


NEWS ROUNDUP — Patrician hits mineralized horizon

Initial drilling by Patrician Gold Mines (ASE) on its Ikungu Peninsula property in northwestern Tanzania has intersected gold mineralization. Hole 1 intersected the Forest Reef, a thick exhalite horiz…


NEWS ROUNDUP — Black Hawk raises drilling funds

Junior Black Hawk Mining (TSE) has completed a private placement of 1 million flow-through common shares. Proceeds will be $600,000, some of which will finance drilling at the Redstone mine, south of …


Cyprus drills Noble Peak gold property

Drilling at the Southwin project in the Northwest Territories has resulted in several intersections of high-grade gold. The project, situated in the Keewatin district, is a joint venture between Cypru…


Titan secures land in Java, Indonesia

In two separate transactions, Titan Empire (CDN) has acquired eight concessions on the Indonesian island of Java. Titan recently acquired a 90% interest in the Indonesian company PT Kelsel Asri, which…


Argentine plane crash kills six

A director and an officer of American Resource (NASDAQ) were among those who died Sept. 28, when a charter plane crashed shortly after takeoff from Cordoba, Argentina. The accident claimed the lives o…


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