Paramount drilling hits snag in Argentina
Drilling difficulties at the Juramento property in Argentina’s Salta province have prompted Paramount Ventures & Finance (PVF-V) to halt work and bring in a new drill contractor.Paramount holds a larg…
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Tanqueray hits titanium at Harp Lake
Drilling near Harp Lake in north-central Labrador, Tanqueray Resources (TQY-A) has hit titanium-rich rocks.The company has been drilling to test a geophysical anomaly over its wholly owned Ross Lake p…
BASE METALS SPECIAL — Plata funding work programs
Plata Mining (PMT-A) is raising funds to continue exploration work in South America.The company’s list of projects includes the Helvecia zinc prospect and Hualilan gold project, both in Argentina, and…
BASE METALS SPECIAL — Southwestern options project
A recent option agreement allows Southwestern Gold (SWG-V) to earn 100% of the Dina property situated about 75 km northeast of Copiapo, Chile.Recent surface work has indicated that a porphyry copper-g…
BASE METALS SPECIAL — International Curator aims to revive historic mining camp in Baja California
Vancouver-based International Curator Resources (IC-T) is resurrecting this historic mining town, on the eastern coast of Baja California, Mexico.Mining in the area dates back to 1886, when a French c…
BASE METALS SPECIAL — Imperial Metals builds Mount Polley mine
Imperial Metals (IPM-T) has begun constructing its 55%-owned Mount Polley gold-copper mine, near Williams Lake in south-central British Columbia.Contracts exceeding $40 million have been awarded for m…
BASE METALS SPECIAL — Ego produces cobalt carbonate
In May 1996, Ego Resources (EGO-T) produced 14,700 lb. of cobalt, up from 7,600 lb. in April. At current spot prices, May’s production had a market value of about US$400,000.The company’s Cobatec coba…
BASE METALS SPECIAL — Ursa Major takes shine to Kazakhstan
Newly listed Ursa Major International (URSA-C) will explore for copper-gold deposits in Kazakhstan.Indirectly, the company holds a 56.6% interest in four licences covering 4,208 sq. km.The Koktasjal l…
Queenston steps up Kirkland Lake program
The new joint venture of Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) has outlined an ambitious exploration program for its large land package near Kirkland Lake, Ont.Queenston’s president…
Madsen has funds in place for mill
Proceeds of $5.2 million from four private placements will enable Madsen Gold (MGF-T) to reconstruct the former Dona Lake mill in Red Lake, Ont.Madsen may also issue flow-through shares to generate $1…
Holmer study bullish for Loma Hierro
Based on an independent prefeasibility study, the Loma Hierro deposit in western Cuba, is expected to produce 1.5 million oz. silver annually at a cash cost of US$1.85 per oz.The mine, owned by Holmer…
EDITORIAL PAGE — Scams and scoundrels
When markets are hot, scoundrels come out of the woodwork. That is the only way to explain the recent Timbuktu Gold fiasco, a salting scam that lured in unsuspecting investors by conjuring up the roma…