Taseko drills Prosperity
Junior Taseko Mines (TKO-V) is pleased with results received from a program of large core diamond drilling on the Prosperity project near Williams Lake in central British Columbia.The results compare …
News
Southwestern Gold starts drilling in central Chile
A first phase of diamond drilling is in full swing on the Anamar-Princesa gold property in north-Central Chile.Southwestern Gold (SWG-T) reports that small-scale mining in the past produced ore gradin…
Cameco drops Springpole
Management of Gold Canyon Resources (CGU-V) reports that Cameco (CCO-T) has dropped its option to earn an interest in the Springpole Lake gold project, 113 km northeast of Red Lake, Ont.The project wa…
STOCK MARKETS — Greatest Value Traded, June 11-17
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Tenke holds significant potential
Five of seven holes drilled at the Tenke Fungurume copper-Cobalt project in the Democratic Republic of Congo confirm the property’s potential for additional copper-Cobalt mineralization, Tenke Mining …
Catalina begins drilling at Pilar
A 1,700-Metre program of reverse-Circulation drilling has begun on Santa Catalina Mining’s (SLM-V) 2,372-ha Pilar project in northwestern Mexico.Situated in Sonora state, the project comprises four go…
ODDS ‘N’ SODS — The emerald explorer
By the time he came to live in Red Lake, Ont., in April 1945, Peter Rainer had already discovered more emeralds than any other man in the world.As the new consulting engineer for a New York City-based…
BASE METALS — Anglovaal eyes Ugandan concession
Pacific Vangold Mines (PVM-V) has struck a joint-Venture deal with South African mining firm Anglovaal whereby that company will help conduct exploration and development work on mining concessions in …
BASE METALS — Redex Gold puts its eggs in Bolivian basket
It was partly the mineral riches of Bolivia that drew the conquistadores to South America almost five centuries ago, and the country’s mineral potential continues to prove attractive. Among the explor…
Producer and Dealer Prices (June 23, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…
Private donations expand — U of T’s geological research — Geology and physics departments get $1 million each
The University of Toronto has received two separate donations that will lead to the creation of chairs for ore genesis geology and exploration geophysics, within the departments of geology and physics…
Drills hit at Duquesne West
Recent drilling by Sante Fe Canadian Mining, a unit of Newmont Gold (NGC-N), has tested a geophysical anomaly at the Duquesne West gold property near Rouyn-Noranda, Quebec.The company is earning an in…