The rise in the price of molybdenum to more than US$15 per lb. from the US$3 level is prompting Eureka Resources (VSE) to re-examine its Mindora property in southwestern Nevada. Following a drop in th…
Several junior companies are planning exploration programs on ground acquired or staked near Diamond Fields’ (TSE) Voisey Bay nickel-copper-cobalt discovery in Labrador. ASE-listed Takla Star Resource…
Having drilled 52 holes totalling 85,000 ft., Sudbury Contact Mines (TSE) will carry out more surface drilling and then begin underground exploration on its Victoria Creek gold deposit near Kirkland L…
For the first 11 months in 1994, Cambiex Exploration (ME) spent more than $4.4 million exploring most of its 17 properties in Canada, the U.S. and South America. Several of the programs yielded encour…
Additional sampling by Fortune Minerals (CDN) on its NICO polymetallic property near Yellowknife, N.W.T., has yielded encouraging results. While staking additional ground, Fortune collected chip sampl…
A 7,000-ft. diamond drill program is to begin shortly on Goldbrook Explorations’ (ASE) Onaman River base metal property near Jellicoe, Ont. Goldbrook will be project operator, while TNK Resources (CDN…
Reconnaissance work has led Montreal-listed partners Fairstar Explorations and Nora Exploration to acquire the Benso concession in south-central Ghana. The 58-sq.-mile property, which contains several…
Provided funding can be arranged, Aquaterre Mineral Development (VSE) plans to spend $1.8 million on its properties near Stewart, B.C., in 1995. The bulk of the funds are earmarked for the Georgia Riv…
Buying out-of-favor stocks is seen by many as a good way of following the first part of the buy-low/sell-high rule. Yorkton Securities sees value in Queenstake Resources (TSE), which recently traded a…
CDN-listed Birim Goldfields has expanded its Dunkwa prospecting licence in Ghana to more than 130 from 50 sq. km. The property lies between the Ashanti Goldfields gold mine and Gencor’s Bogosu gold mi…
Nova Scotia’s natural resources ministry has given the green light to a surface coal-mining operation at the former Wimpey pit in Pictou Cty. The project, proposed by Pioneer Coal, was approved subjec…
An agreement has been signed enabling Caledonia Mining (TSE) to acquire Scottish-based gold explorer Fynegold Exploration for US$4.25 million plus 500,000 Caledonia shares. Fynegold holds licences and…
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