Northern Crown to drill in Mexico
The public financing of 3.2 million units at $1.20 each will help Northern Crown Mines (VSE) finance work on its Mesa Galindo gold-silver property and Guadalupe gold project in Mexico.Drilling is expe…
News
Meetings (January 29, 1996)
MEETINGSFeb. 6, Challenger — annualFeb. 8, Antilles — annual, generalFeb. 8, Channel — annual, generalFeb. 8, Int’l Brace — annual, generalFeb. 9, Mispec Res. — annual, specialFeb. 10, Founder –…
Athabaska tests new zones at Ladner Creek mine property
Underground drilling at the Ladner Creek project, northeast of Hope, B.C., is returning gold values for Athabaska Gold Resources (TSE).The company is outlining sufficient reserves to reopen the existi…
Caretech drills at Thunder Lake
Partners Continental Caretech (CDN) and Teck (TSE) have drilled three deep holes on the Thunder Lake West gold property in northern Ontario.They are the first in a series of widely spaced holes design…
Drilling gives boost to KazMinCo
Drilling on the Samarskoye copper-gold porphyry project in central Kazakhstan is returning some spectacular results for Kazakhstan Minerals (CDN).Results include a 195-metre intersection grading 2.2% …
Dakota to develop Anchor Hill
The South Dakota Board of Minerals and Environment has granted a state permit to Dakota Mining (AMEX) for development of the Anchor Hill gold project. The deposit is close to the company’s Gilt Edge m…
Hecla’s Lucky Friday sets safety record
Hecla Mining’s Lucky Friday mine reports that 1995 was its safest year in 56 years of operation.The last time-loss accident in the silver-lead mine, near Mullan, Idaho, occurred Dec. 19, 1994, for a t…
Aur readies drill program at Balsam
Diamond drilling and down-hole geophysics are planned for the Balsam property in Saskatchewan, 60 km southwest of Flin Flon, Man.Operator Aur Resources (TSE) will spend $190,000 on a 9-hole, 1,300-met…
Botswana Diamondfields plans drilling
Vancouver-listed Botswana Diamondfields is set to renew exploration of its licences in Botswana.On the Jwaneng licences, ground followup of aeromagnetic and ground surveys led to the discovery of seve…
ATC, Inco strike recycling deal
Nickel-bearing waste material from the U.S. is the focus of a recycling deal between Inco and Calgary’s ATC Environmental Group.Beginning in the first quarter, Inco’s smelters in Sudbury, Ont., will r…
MINING IN AFRICA — Hemlo Gold sets its sights on West Africa
The Hemlo gold mines of Ontario may well be the richest in Canada, but, as the companies that operate them are well aware, their productive lives will eventually come to an end. And that, in a nutshel…
MINING IN AFRICA — African Minerals sees great potential in continent
The mineral potential of South Africa and Zambia is clearly demonstrated by the numerous, elephant-sized deposits of copper, gold, platinum and diamonds discovered there in the past century.African Mi…