Great Basin delves under Hollister
Deep drilling by Great Basin Gold (GBG-V) is testing for Devonian carbonate rocks below the Hollister deposit at the Ivanhoe property in Nevada’s Carlin trend.Ivanhoe is midway between two major opera…
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Cordero shows gallium values
At the Cordero property, near McDermitt, Nev., Gold Canyon Resources (GCU-V) has uncovered gallium values in the range of 200 grams per tonne — purportedly the highest such grades so far encountered …
Idaho cobalt on fast track
Denver — After submitting a plan of operations for the Idaho Cobalt project, Formation Capital (FCO-T) has voluntarily agreed to a joint review by state and federal regulators and third-party consult…
Don’t hold your breath
The late-May spike in the gold price proved to be short-lived, but that didn’t prevent gold bugs from speculating that the bears, the banks and the bookkeepers were at last going to be put to rout. Fo…
More drilling at Scossa
Denver — In light of a successful 2000, Romios Gold (YRW-V) plans to resume drilling at the Scossa property, 6 miles southeast of the Rosebud mine in northern Nevada.The new campaign, budgeted at US$…
Corriente cuts high values at Mirador
Vancouver — Junior Corriente Resources (CTQ-T) has intersected its highest copper and gold grades to date at the Mirador prospect in southeast Ecuador.Seven vertical holes targeted the northern edge …
Hope is in the air
After years of suffering, Estelle Cyr finally succumbed to primary pulmonary hypertension at age 27. She left behind three daughters, Melanie, Lynne and Angele. The three girls would go to live in Tim…
Kimberlite find at Jericho yields few stones
A new kimberlite discovery at the wholly owned Jericho project of Tahera (TAH-T) has yielded just two stones from the initial processing of 100.4 kg of drill core.The kimberlite was discovered this pa…
LME Warehouse Levels (June 11, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 5/01 (change from May 29 in brackets):MetalStock (tonnes)ChangeAluminium588150(+…
AngloGold expands Cresson mine
Denver — The Cresson gold mine, part of the Cripple Creek & Victor joint venture, southwest of Colorado’s Pikes Peak, is producing ore at greater than its design capacity.Originally designed to crush…
Buttress supports mining at Newmont’s Deep Post
Denver — In northern Nevada’s Carlin trend, Newmont Mining (NEM-N) has erected a buttress to support the south highwall at the Betze-Post mine, allowing underground miners at the Deep Post mine to ge…
Power problems mount for U.S. miners
Denver — The dramatic rise in electricity costs for mining operations in the western U.S. continues to threaten the industry. Blackouts are again keeping Californians in the dark, and deregulation go…