Freegold to acquire Idaho leach project
Through an agreement with a third party, International Freegold Mineral Development (VSE) has acquired an option on the Almaden gold project, 75 miles northwest of Boise, Idaho.Ican Minerals (TSE) cur…
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Japanese to buy stake in Collahuasi
A Japanese consortium will buy a 12% equity interest in the Collahuasi copper project from joint owners Falconbridge (TSE) and Luxembourg-based Minorco.The consortium, which includes Mitsui & Co., Nip…
Daren looks toward industrial minerals
The acquisition of three properties will see Daren Resources (VSE) shift its focus to industrial minerals.Daren will acquire the properties for costs incurred, with vendor Crystal Capital retaining a …
Silver showing found in Atikokan area
Privately owned Atikokan Resources has reported high silver grades from a surface showing 32 km northeast of Atikokan, Ont.Geologist Raymond Bernatchez says the showing has been traced along a 500-met…
International Gold updates reserves at Bibiani
Following the completion of a feasibility study at its Bibiani gold project in Ghana this summer, International Gold Resources (TSE) has completed an additional 100 drill holes and recalculated reserv…
Argosy drops Dunka Road prospect
Argosy Mining (VSE) has dropped its option on the Dunka Road copper-nickel deposit in Minnesota in favor of advancing its epithermal deposits in Central Europe.The company held an option to earn a 60%…
Coeur to acquire gold producer
Coeur d’Alene Mines (NYSE) recently acquired an option to earn a 20% interest in Australian-based Gasgoyne Gold Mines and is now planning to make a takeover bid for all that company’s issued shares.Am…
Gold mineralization intersected at Winteroad
Two drill holes at the Winteroad property of Patrician Gold Mines (ASE), east of Matheson, Ont., have intersected gold mineralization in quartz-carbonate veins.The highest-grade intersection in hole Q…
Murgor continues work in Barry Twp.
In Ontario, diamond drilling is under way on the Barry Twp. property of Murgor Resources (VSE).The first phase of the winter program consists of systematic, shallow drilling of the gold showing, where…
Canyon gains gold property in Brazil
Canyon Resources (NASDAQ) has extended its option on several mineral concessions in Brazil’s eastern Amazon region.The decision follows the acquisition, by Toronto-listed Golden Star Resources, of a 1…
Labrador featured at student symposium
Exploration in Labrador and Greenland will be the subject of a one-day symposium to be held January 26, 1996, in Toronto.The University of Toronto chapter of the Society of Economic Geologists is orga…
New device aimed at improving recovery
U.S.-based Mineral Recovery Systems has unveiled a centrifugal jig aimed at increasing gold recovery.By distributing a fine slurry feed over the rotating jig bed, the device is able to capture extreme…