Cayden Resources (CYD:TSXV) announced results of its surface program at the El Barqueno project in Jalisco State, Mexico. The company has been doing a focused surface program in order to identify targets for a 5,000m drill campaign they anticipate starting next week.  Trench results at the Pena de Oro target area included 20m of 3.6g/t gold, 8m… Continue Reading

Shares in Dalradian Resources (DNA.TO) have traded up 37.3% since an August 15th news release announcing exploration results at the company’s 100% owned Curraghinalt gold project in Northern Ireland. You can view the results here. Curraghinalt is a potentially high-margin, low-capex project with impressive grades of gold. Receiving a favorable outlook in its 2012 PEA,… Continue Reading

Just a friendly reminder that Robert Friedland’s Ivanplats has been renamed Ivanhoe Mines and has commenced trading under the symbol IVN on the TSX. Mr. Friedland is touring investors around his properties in South Africa and the DRC this week. Our August 22, 2013 prediction that he would soon send Ivanhoe’s shares above $2 has… Continue Reading

So long Alpha Minerals, you beautiful bastard! Read our past coverage of this tremendous discovery here. Just one week after public talks began to consolidate ownership of the PLS discovery, Alpha Minerals has agreed to sell itself to Fission Uranium for $7.67 per Alpha Share in a news release out this morning. Shareholders of Alpha will… Continue Reading

NexGen Energy (TSXV:NXE), an Athabasca Basin focused uranium exploration company, has closed a $5 million financing at a price of $.35 per unit (with a half warrant at $.55). The company intended to raise $1.8 million but interest surely sparked from the success at Fission Uranium and Alpha Minerals’ PLS discovery, immediately adjacent to NexGen’s… Continue Reading

The Belarusian/Russian potash conflict continues to deepen after the Belarusian government detained OAO Uralkali CEO Vladislav Baumgertner on Monday.  Russia has officially responded to the actions taken by Belarus by ordering Russian oil companies to cut oil exports to Belarus by one quarter.  Uralkali Chairman, Suleiman Kerimov, has been cited by Belarusian authorities as potentially… Continue Reading

McLeod-Williams zinc play, Full Metal Zinc (FZ:TSXV) announced that it intends to acquire the San Andres Silver Project in Durango, Mexico.  The project is brownfields and comes with a 300tpd mill and tailings facility, supposedly costing $6 million.  From 1890 to 1915, the property is said to have produced some 17 million ounces of silver. … Continue Reading

Africa Oil (AOI:TSXV) announced its second quarter results and an update on exploration and operations. The company expects to have a fourth Tullow Oil and Africa Oil JV rig drilled and tested on the 10BB and 13T Blocks in Kenya in October 2013. AOI has also secured a fifth rig for Block 9 in Kenya… Continue Reading

Andrew Swarthout’s Bear Creek Mining (BCM:TSXV) filed its responses to comments received from the Peruvian Ministry of Energy and Mines on its Corani Silver Project.  The comments were received for the Environmental and Social Impact Assessment which was submitted in December 2012.  The company is guiding a Q3/2013 approval of the license which would enable… Continue Reading

Billionaire promoter and resource developer, Robert Friedland to change name of Ivanplats (IVP:TSX) back to his favorite resource company name, Ivanhoe Mines.  The name change will take effect September 3, 2013 and will trade on the TSX under the symbol “IVN”. “The original Ivanhoe Mines and its predecessor company, Indochina Goldfields, earned international recognition and… Continue Reading

It has been quite a year for Fission Uranium CEO Dev Rhandahwa. A year ago his stock wasn’t performing and he was getting beat up on the internet. Then, in classic mineral exploration fashion, Rhandawa’s fate changed. Lukas Lundin’s Denison Mines paid approx. $70m for Fission’s Eastern Athabasca Basin assets, leaving the spinout company to… Continue Reading

Pacific Potash (PP:TSXV) announced today that it intends to merge with Cowley Mining Plc to create the second largest landholder in the Amazonas potash basin, similar in size to Petrobras and Brazil Potash.  The two also intend to raise up to $12 million in equity (120 million units at $0.10 per unit).  Cowley owns strategic land… Continue Reading

After rallying $70 in less than a week gold now finds itself in no man’s land, essentially equidistant from the nearest major support and resistance levels: Click to enlarge Now that gold has achieved the $1420-1425 target which we projected several times during the past month it is worth reviewing the past few months of market… Continue Reading

Copper Mountain (CUM:TSX) announced it has entered into an option agreement with Westar Resources and Bearclaw Capital to earn up to 75% interest in the Axe property in British Columbia.  The Axe property is an advanced stage project with the potential to host a large copper porphyry.  Currently Westar and Bearclaw hold the property in… Continue Reading

Continental Gold (CNL:TSX) released assay results for six drill holes at their Buritica project, a high-grade underground development gold project in Antioquia, Colombia.  The assays came from CNL’s Veta Sur vein system in the La Estera zone.  The goal of the 2013-2014 drill campaign is to grow resources and convert much of the company’s 3.7… Continue Reading