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EXPLORATION ROUNDUP — Placer extends depth of Samira deposit
Deep drilling by Placer Dome (PDG-T) on the Samira deposit in Niger has traced the main gold-bearing zone a further 50 metres to a vertical depth of 280 metres.From the five reported holes, the signif…
Mineral Res. commissions asbestos project
British Columbia is once again an asbestos-producing province.Mineral Resources (MIC-T) has commissioned the Cassiar chrysotile asbestos project in northern B.C. Because the project was a few months l…
Nelson sustains Tajikistani output
Nelson Gold (NLG-T) has maintained production levels at its partially owned Jilau gold mine in Tajikistan while decreasing its losses in the third quarter.The company is also a partner in the Taror co…
Stillwater to test mine potential of East Boulder
Colorado-based Stillwater Mining (SWC-X) plans to drive an 18,500-ft.tunnel to provide exploration access to the J-M reef at its East Boulder project, 13 miles west of its namesake mine near Nye, Mont…
Yemeni project employs heavy mineral concentrates
Work in northern Yemen by Canadian Mountain Minerals (CYM-A) and Goldtex Resources (GXR-A) is proving to be a successful demonstration of the use of heavy-mineral concentrates to provide effective geo…
EXPLORATION ROUNDUP — Rio Narcea boosts gold reserves in Spain — Denver-based junior expanding El Valle, Carles
Rio Narcea Gold Mines (RNG-T) has boosted reserves at its Spanish properties by almost one-third.The properties, which are centred in the northwestern region of Asturias, now contain total proven and …
EXPLORATION ROUNDUP — Placer Dome joins Canarc in southern Suriname
Canarc Resource (CCM-T) has formed a partnership with a major mining company at its Benzdorp property in Suriname, South America.Placer Dome (PDG-T) can earn a 51% interest in the South American prope…
EXPLORATION ROUNDUP — Golden Phoenix stakes claims in Alaska
Golden Phoenix Minerals (GPXM-O) has picked up two more volcanogenic massive sulphide prospects in the Bonnifield district, south of Fairbanks, Alaska.The company staked claims covering 3.5 sq. miles …
EXPLORATION ROUNDUP — McWatters extends vein at Sigma mine
Drilling by McWatters Mining (MCW-T) at its Sigma gold mine in Val d’Or, Que., has confirmed a 580-metre vertical extension of vein 46.Hole 17112, drilled from level 37 at a depth of 1,580 metres, int…
EXPLORATION ROUNDUP — Noranda intersects massive sulphides in Brazil — Apparent multiple mineralized zones encountered at depth
The first three holes drilled by the Brazilian subsidiary of Noranda (NOR-T) at the Aripuana property in northern Mato Grosso state have intersected multiple zones of zinc-lead mineralization.Two hole…
EXPLORATION ROUNDUP — Fancamp to drill in southern Africa
A drill program is scheduled to test geophysical targets defined by Fancamp Resources (FNM-V) on the Proterozoic Okwa Terrane in Botswana.The junior says some geophysical targets appear to represent p…