Placer explores Shear copper-gold
The Shear property near Aspen Grove in south-central British Columbia is being explored by Placer Dome (TSE) for its potential to host porphyry copper-gold deposits. The major can acquire a 51% intere…
The Shear property near Aspen Grove in south-central British Columbia is being explored by Placer Dome (TSE) for its potential to host porphyry copper-gold deposits. The major can acquire a 51% intere…
Plans to construct a copper smelter at Texas City, Tex., with the capacity to process 182,000 tonnes per year have been withdrawn by Mitsubishi Materials. The company announced in 1989 it would go ahe…
Higher production costs at its 30% owned Kettle River project in Washington state helped push Crown Resources (TSE) into the red for the year ended Dec. 31, 1991. The company reported a loss of US$1.0…
Diamond drilling has resumed on the Kabanga nickel project owned by Sutton Resources (VSE). Located in western Tanzania, the project is estimated to contain preliminary reserves totaling 40.5 million …
Assay results are awaited by Silver Glance Resources (VSE) for the first 36 holes drilled on the company’s fluorite-silver property in La Paz Cty. in Arizona. Silver Glance director Peter Fox notes th…
The Sterling mine produced its 100,000th oz. of gold in March, a day of celebration for Cathedral Gold (TSE) which owns 52% of the heap leach operation near Beatty, Nevada. The mine has been in produc…
The premier of Ontario took a positive approach in replying to the concerns expressed by the Save Our North campaign at the annual convention of the Prospectors and Developers Association of Canada in…
Through the transfer of an agreement from Hughes Lang (VSE), Aurex Resources (VSE) has acquired an option on a large tailings project in Chile about 55 km southwest of Santiago. Hughes Lang signed a l…
A deep hole recently completed on Queenston Mining’s (TSE) Amalgamated Kirkland property at Kirkland Lake, Ont., has returned a 100.4 ft. interval grading 0.17 oz. gold per ton. Encountered at a verti…
Toronto-based cathode copper producer Arimetco International (TSE) is raising US$24.9 million for future acquisitions and for development of properties under its control. Midland Walwyn Capital and Sc…
A definitive option and sale agreement was recently signed by Cusac Industries (TSE) which gives the company the right to buy a 100% interest in the Table Mountain gold property near Cassiar, B.C., fr…
“I’m in the metal business. Other people till the soil and raise food. Other people cut down trees. We dig metals out of the ground and make them useful. We are the people who carry the rest of the wo…
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