News

Preliminary processing of samples taken from outcropping lamproitic tuff at the Spanish Creek prospect in Plumas Cty., Calif., confirms the presence of diamond indicator minerals.Golconda Resources (G…

A private company controlled by business entrepreneur James (Jimmy) Pattison has agreed to acquire a 40% participating interest in Cartaway Resources’ (CWA-A) mineral properties in the Okak area of La…

Partners Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) report encouraging results from drilling at their jointly held Clone gold property near Stewart, B.C.The partners have completed 3,880…

Manitoba Energy and Mines will host the Manitoba Mining and Minerals Convention from Nov. 14 to 16 in Winnipeg.The event, to be held at the city’s Convention Centre, will include a properties showcase…

Fresh from a profitable second quarter, Hecla Mining (HL-N) reports exploration success at its Lucky Friday mine in Idaho.The company has 20 intercepts in the Gold Hunter vein, 4,000 ft. northwest of …

At its Marlhill gold project near Timmins, Ont., Pentland Firth Ventures (PFO-T) has intersected gold mineralization over significant widthsThe company drilled several wide, high-grade intersections i…

ALUMINIUM: LME settlements US$1,466.50 per tonne (Aug. 6, 1996), alloy US$1,265 per tonne (Aug. 1, 1996).ANTIMONY: Composite free market, US$2,775 per tonne (Aug. 5, 1996).BISMUTH: Composite free mark…

Prime Resources Group (PRU-T) has completed 17 surface drill holes at the Eskay Creek mine property near Stewart, B.C., testing the boundaries of the Northeast Extension (NEX) and Hanging Wall (HW) zo…

Drilling around the San Gregorio gold deposit in northern Uruguay has turned up additional mineralization for Rea Gold (REO-T).The discovery was encountered in the footwall of the Main pit ore zone, o…

Larry Revitt appointed vice-president, general counsel and director.

Francis Whiting appointed director.

Mark Wilson appointed senior vice-president and chief financial officer.