Central Crude plans drill work
The new owner of Central Crude (TSE) plans to spend about $500,000 on a definition and exploration drilling program at its Eagle River gold property near Wawa, Ont. At the annual meeting, President Co…
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Two miners killed at Eagle Point
Two miners were killed at the Eagle Point uranium mine in northern Saskatchewan when a large piece of rock fell off the side wall. Project operator Cameco (TSE) closed the underground area pending an …
B.C. opportunities attract Aquaterre
Three properties on British Columbia’s coast will be explored this season by Aquaterre Mineral Development, a junior soon to be trading on the Vancouver Stock Exchange. Aquaterre is headed by Thomas W…
DIAMOND PAGE — NorthernEra merger on hold pending Tli Kwi
Commercial production of silica is under way at the property of Ressources Temisca (ME) in St-Bruno-de-Guigues, Que. President Gilles Fiset says his company has a plant on site with annual capacity of…
Gold Fund invests in Greenstone
The Emerging Market Gold Fund (EMGF) intends to buy US$5 million worth of Greenstone Resources’ (TSE) convertible preferred shares and will be granted warrants to buy US$5 million of that company’s co…
Bre-X encouraged by drill results
Exploration of three projects in Indonesia is yielding encouraging results for Bre-X Minerals (ASE). At the Busang prospect in East Kalimantan (on the island of Borneo), two holes drilled into the Sou…
Skyline drilling Aztec property
Drills are turning on the Aztec property in the northeastern Mexican state of Coahuila. International Skyline Gold (VSE), 70% owner, says the first hole of the planned 4,500-ft., 14-hole program confi…
Monarch pours first gold
At its annual meeting, Monarch Resources (TSE) revealed that it has already begun pouring gold at the Camorra mine in Venezuela’s El Dorado region. The mine, which has probable reserves of more than 4…
Goldcorp boosting production
With interests in three gold mines and plans to expand gold production, Goldcorp (TSE) has risen above the ranks of the juniors to achieve intermediate-size status. The increase in the company’s pro f…
El Callao Mining confident of Lo Increible’s potential
Gold explorer El Callao Mining (VSE) is pleased with results to date from drilling on its Lo Increible No. 4 concession in Venezuela. The junior is earning up to a 70% interest in the property, which …
Manson Creek acquires Venezuelan assets
Toronto-listed Manson Creek Resources can buy all the shares of Bolivariana de Mineria, a Venezuelan company, in return for issuing 250,000 shares and paying $143,880 cash. Bolivariana has a 75% inter…
Pan American acquires Hog Heaven silver play
The recent acquisition of the Hog Heaven property in Montana represents a first step for Pan American Minerals (TSE) to become a pure silver company. The junior is headed by Ross Beaty, also president…