About 6.5 tonnes of kimberlite were recovered by a single, large-diameter drill hole on the DO-18 pipe at the WO claim block in the Lac de Gras area of the Northwest Territories.Kennecott Canada, whic…
The processing of 1,265 kg of drill core from the Orion kimberlite pipe returned a low diamond count, suggesting the body is uneconomic.The Orion is the fourth kimberlite to be discovered on the Cross…
1996June 11June 10June 7June 6June 5HighLowCompos…
Wednesday, June 12, 1996Week’s Price (US)ChangeGold*$384.50-$3.45Silver*$ 5.12…
Drills are turning on the Chirebroso mine zone at the Adansi Asaasi concession in Ghana, West Africa.The initial 15,000-metre diamond and reverse-circu-lation program is being carried out by Pacific C…
The Toronto Stock Exchange fell sharply over the report period ended June 11, dragged down by plummeting resource stocks. The TSE 300 composite index lost 118.19 points or 2.3%, falling to 5,106.32. G…
A Canadian man was killed in early June in an industrial accident in Kyrgyzstan.Kevin Lane, of Edmonton, Alta., was killed when he fell 12 metres while working at the Kumtor mill. The mill is part Cam…
A lawsuit regarding the overstaking of claims near Midas, Nev., has been resolved.Under the terms of the settlement, the Midas joint venture, a 50-50 partnership between Franco-Nevada Mining (FN-T) an…
As the price of gold tumbled to its lowest level in 15 months, a widespread selloff of junior mining stocks hampered western markets over the report period ended June 11.The Vancouver Stock Exchange c…
Partners American Bullion Minerals (ABP-T) and Teck (TEK-T) are reviewing a scaled-down version of their prefeasibility study of the Red Chris copper-gold project in northwestern British Columbia.Teck…
With Hemlo just down the road, any mine would look small by comparison. But the Eagle River gold mine of River Gold Mines (RIV-T) ranks high in every other respect.The Northern Miner joined a large ga…
With 12,000 metres of drilling now completed, Band-Ore Resources (BNDR-C) has traced the gold-bearing zones at its Thorne property along a 300-metre strike length.New results from the property, 10 km …
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