Leach tests help characterize Old Nick
Metallurgical tests indicate the Old Nick nickel deposit near Bridesville in southern British Columbia may be leachable.Situated near Bridesville, the deposit forms part of the Rock Creek Gold Trend j…
News
Nevsun to drill-test anomalies at Kubi
A second phase of drilling will start on the Kubi concession, which is adjacent to, and on strike with, the Ashanti gold mine in central Ghana.Nevsun Resources (VSE), which holds a 90% interest, will …
Index (October 16, 1995)
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Metals Commentary — Year-end projections show metals turning lacklustre
World metal markets are quietly softening, and annual sales are now expected to mirror those of 1994.Growth will likely be static for the balance of the year, particularly in North America where order…
Tri Origin resumes drilling Down Under at Lewis Ponds
Drilling has resumed on the Lewis Ponds property in New South Wales, Australia, in an effort to follow up an earlier discovery.Tri Origin Exploration (TSE) reports that the previous hole, 46, intersec…
Echo Bay ups its stake in Etruscan
Colorado-based Echo Bay Mines (TSE) has acquired 906,043 additional common shares of Etruscan Enterprises (VSE), thereby increasing its equity interest to 19.7% of outstanding shares (22.3% on a fully…
LABRADOR NEWS ROUNDUP — Absolut cuts sulphides
Diamond drilling on Labrador properties held by Absolut Resources (ASE) began on Sept. 20. The first five drill holes, advanced on Block I, about 70 km north of the Voisey Bay discovery, have intersec…
GREATEST VALUE TRADED, OCT. 4-10
Exchg. Value($000s)HighLowCloseChange Inco Ltd T100059 $43 3/441 3/843-5/8Barrick Gold T55552 $34 3/433 5/834 3/4+3/4Placer Dome T44023 $33 7/833 33 3/4+1/4Falconbridge T…
Castle Rock secures drill permits
Drill permits have been granted to Castle Rock Explorations (VSE) for three prospective properties north of the Voisey Bay discovery in Labrador.One of these, the Okak Bay property, is a joint venture…
Triton constructs mill in Nicaragua
At a cost of US$6.6 million, Triton Mining (TSE) has constructed a 1,000-ton-per-day mill at its Limon gold mine in Nicaragua.The new circuit consists of a semi-autogenous grinding ball mill combined …
Rayrock reports progress at Bellavista and Ivan
With resources almost doubling at its Bellavista gold project in Costa Rica, Minera Rayrock (TSE) is poised for a strong final quarter.Drilling at Bellavista has increased the mineral resource to 37.4…
Drilling boosts grades at Ok Tedi
Increased grades at the Ok Tedi mine in Papua New Guinea will enable the operation to continue at near-current production rates, instead of declining over the remaining 15-year life as previously anti…