Having completed a due diligence review, Cornucopia Resources (TSE) has exercised its option to acquire the Mary-Drinkwater gold project near Silver Peak, Nev. The company paid US$230,000 for the prop…
A 12,000-ft. drill program is testing five separate gold skarn targets, identified by geophysics and surface sampling, on the Hachita property in the southwest corner of New Mexico. The 24-hole progra…
We are a high-wage, highly educated society. We cant simply rely on shipping out our natural gas and crude oil and lumps of rock. So says Robert Fairholm, managing economist at DRI/McGraw-Hill in Toro…
Partners Hillsborough Resources (TSE) and publicly owned Industrias Luismin S.A de C.V. have completed the initial phase of exploration drilling on the San Rafael vein in Mexicos El Oro gold district….
Preliminary results from Albertas first mineral development agreements (MDAs) show that brines and uranium have the greatest mining potential. Nevertheless, the greatest demand, by far, is for informa…
Week Aug 3 Aug 2 Ju1 30 Jul 29 Jul 28 High Low Composite”300″ 3976.50 N/A 13967.23 3957.55 3923.10 13979.05 3918.72 Metals&Minerals 3006.45 N/A 12932.49 2916.27 2920.94 13007.28 2916.27 Integrated Min…
South Atlantic Ventures (SCV:VSE) has changed its name to Southern Copper Corp. (SOU:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.
Chase Resource (VSE) has received $2.75 million following the exercise of certain series A warrants and non-transferable agents warrants. About 1.5 million warrants were originally issued as part of a…
French government-controlled Serem has bought an additional 1.4 million shares of Cheni Gold Mines (TSE) in accordance with a 1992 subscription agreement. Serem, which is based in Paris, can buy up to…
Desert Gold Resources (DGR:VSE) has changed its name to Desert Holdings Inc. with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
Underground drilling is in progress with two rigs at the Tulsequah Chief property in northwestern British Columbia. Owner Redfern Resources (TSE) expects to complete about 25,000 ft. of definition dri…
In what is probably the deepest hole ever commissioned by Noranda (TSE), a diamond drill will probe the Manitouwadge Synform to a depth of 8,000 ft. in a long-shot bid to extend the productive life of…
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