Continental adds to zinc discovery
Drilling on the Anialik-High Lake project in the Northwest Territories continues to return zinc-copper mineralization for property owner Continental Pacific Resources (VSE).Hole R-11-95 returned a 13….
News
Ariel flies high in Costa Rica
Vancouver-based Ariel Resources (TSE) intends to become Costa Rica’s largest producer of the yellow metal, at an annual rate of 50,000 oz.The announcement follows the acquisition of Greenstone Resourc…
Nukay gold project holds promise for Teck and Miranda
Although Canadian companies have been aggressively acquiring projects around the globe, it is rare for a foreign private syndicate to approach a Canadian senior in the hope of striking a joint-venture…
High-grade Eskay Creek mine spins gold and silver for Prime Resources
Set in the scenic Iskut River region of northwestern British Columbia, the Eskay Creek mine is so compact as to suggest a development project rather than an actual producer. There is no mill on site, …
LABRADOR NEWS ROUNDUP — Columbia Yukon completes sampling
Partners Columbia Yukon Resources (ASE) and Yanks Peak Resources (VSE) have completed the first phase of airborne geophysics and ground sampling over two claim blocks in Labrador.Initial sampling on t…
LABRADOR NEWS ROUNDUP — NDT identifies anomalies
Of the 17 properties held jointly by Aranlee Resources (VSE) and NDT Ventures (VSE) in the Voisey Bay area of Labrador, six have been subjected to airborne geophysics while nine have undergone prospec…
Bre-X expands Busang resource
Drilling is enhancing the overall potential of Bre-X Minerals’ (ASE) Busang gold project in East Kalimantan, Indonesia.Seven more holes, representing 2,230 metres of drilling, have been drilled over t…
Rayrock completes mine plan for Daisey
A final mine plan has established a minable reserve of 11.4 million tons grading 0.018 oz. gold per ton for the Secret Pass gold deposit.The deposit is part of the Daisy gold project near Beatty, Nev….
USMX encouraged at Illinois Creek
With the summer field season in full gear, USMX (NASDAQ) is enjoying some success at its Illinois Creek project in Alaska.A recent angle hole, 95-24, intersected 35 ft. (true thickness) grading 0.88 o…
Birchwood seeks base metals
Having concluded agreements to acquire interests in three properties in Quebec and Norway, Birchwood Ventures (VSE) intends to begin its international search for base metal deposits.In Norway, Birchwo…
Gold report published in U.S.
The U.S. Bureau of Mines has published a 197-page report on the outlook for gold mining throughout the world.The publication features an in-depth discussion on geology, gold reserves, and mining and t…
ODDS’N’SODS — The value of hindsight
About 2 billion years ago, when this planet was still a chilling, uninhabitable place, a precambrian stream laden with uranium-rich gravels emptied into a lake or inland sea just north of what is toda…