Canadian mining legend Ross Beaty, who founded Pan American Silver and the Lumina Copper Franchise, and made fortunes during the last decade’s resource bull market, is quietly making moves in the junior mining sector again. Earlier today Magellan Minerals announced a deal to sell to Ross its Pocone gold belt exploration projects in Western Brazil… Continue Reading
Today, Desert Star Resources (DSR:TSXV) quietly announced that they had begun the first steps in exploration on their recently acquired southwest US assets. The company completed geological mapping and sampling at its Copper King project located in the prolific Laramide belt of Arizona. The mapping and sampling have identified diorite porphyry dikes which intrude Apache Group… Continue Reading
Warwick Smith resigned as CEO and director of Western Pacific Resources (TSXV:WRP) yesterday after a banner year of accomplishments with the company in 2013. Mr. Smith co-founded Western Pacific in 2009, not long before junior mining markets took a turn for the worse in 2011. Smith was resolved to make something out of Western Pacific… Continue Reading
NexGen Energy (TSXV:NXE) announced a potential uranium discovery in the SW Athabasca Basin region of Northern Saskatchewan yesterday. Visible uranium was seen in the first hole drilled into the Arrow target at the Western side of NexGen’s Rook 1 project, which caused shares in the junior explorer to rise over 90% Wednesday. “There’s an element of luck,”… Continue Reading
SIGN UP FOR CEO.CA’S FREE LIST | MORE PHOTOS | DISCLAIMER The reality distortion field, made famous by Steve Jobs’ biographer Walter Isaacson, is a personal intensity and vision so powerful it bends people to your will, convincing them of a project’s higher purpose. Isaacson describes this capacity for influence as a notorious trait of Steve Jobs,… Continue Reading
Discoveries driven by savvy geologists get a closer look here. It took imagination – on 3 discoveries http://t.co/uRUaif3qod — Kip Keen (@JrMining) January 31, 2014
Desert Star Resources (TSXV:DSR) is a junior exploration company being proactive in this market. Last year they picked up six exploration projects in the U.S., each with big potential. Of particular note are their Red Top, Copper King and Copper Springs projects in Arizona, as well as their Oro project in New Mexico. A map of their… Continue Reading
This morning, Clive Johnson’s B2Gold (BTO:TSX) released an inferred resource estimate for the Wolfshag zone near the company’s Otjikoto gold project in Namibia. The Wolfshag zone sits adjacent to the east and northeast portion of the pit for the Otjikoto deposit. This initial resource estimate was comprised of 703,000 ounces of gold at an average… Continue Reading
Riverside Resources (RRI:TSXV), the North American focused prospect generator, announced their plans for 2014 this morning. The company highlights the strategic partnerships created in 2013 and how they intend to build on them in 2014 and beyond. During 2013, the company secured two new strategic alliances with Antofagasta and Hochschild for gold and copper prospects… Continue Reading
Haywood Securities’ Chairman, John Tognetti, has added 2.4 million shares to his position in Mirasol Resources (MRZ:TSXV) which brings his total position to over 7.9 million shares or roughly 25% of the company. Mr. Tognetti has been a supporter of Mirasol for a number of years and clearly continues to have his conviction about the… Continue Reading
Fission’s President, COO and Chief Geologist, Ross McElroy, has won the highest accolade for Canadian exploration success this year handed out by the Prospectors and Developers Association of Canada (PDAC). The award known as the Bill Dennis Award traces its roots back to 1977 and is handed out to a person(s) who either make an important mineral… Continue Reading
The uranium explorer NexGen (NXE:TSXV), who is actively searching for the next Patterson Lake South-style discovery in Saskatchewan, has received all analytical results from there +3,000m summer drill program on their Rook I project which is located 2.1km up strike of Fission’s (FCU:TSXV) Patterson Lake South (PLS) discovery. Uranium was confirmed at Rook I in hole RK-13-05… Continue Reading
Drilling is successfully continuing in Colombia for Continental Gold (CNL:TSX) and the company has released assay results for 11 drill holes from the Veta Sur and eastern Laurel vein systems at their high-grade Buritica project. These results are part of the 2013 program and the company expects to continue to deliver robust resources as well… Continue Reading
While many mining companies in Peru have encountered governmental, environmental and social issues, Rio Alto (RIO:TSX) has been able to advance the environmental nod to develop a sulphide copper-gold flotation plant and concentrator to process sulphide ore once the bulk of oxide gold reserves are exhausted from the La Arena phase 1 project. The company has also… Continue Reading
Fission Uranium (FCU:TSXV) has released assay results from three holes drilled at Patterson Lake South. The company is excited about PLS13-099 which is the eastern-most hole drilled in the R945E zone and encountered shallow mineralization over several wide intervals including 17m of 3.99% U308 and 3.5m of 18.52% U308. The highest grade assay in the… Continue Reading
