Metall expanding strike, downdip extent at Akie
Drilling on the Akie claims in northeastern British Columbia is expanding the strike and downdip extent of a recent massive sulphide discovery. Metall Mining (TSE) is earning a 60% interest in the pro…
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Grouse Creek drilling cuts high-grade gold
Underground drilling by Hecla Mining (NYSE) has intersected several spectacular sections of gold-silver mineralization at the company’s joint-ventured Grouse Creek deposit in Idaho. One of the most im…
Altai active at Manto Azul
A feasibility study is in progress on the Manto Azul copper project in west-central Peru, Altai Resources (TSE) reports. Acid leach column tests show that 77% of the total copper and 98% of the solubl…
Rio Narcea explores Spanish prospects
Denver-based Rio Narcea Gold (TSE) has acquired its second group of gold exploration properties in northern Spain. The Ibias project, in Asturias province, includes 78 sq. km of investigation permits …
New silver zone uncovered by Holmer at Cuban project
A new silver zone, known as the Loma Hierro prospect, has been discovered by Holmer Gold Mines (ASE) on its Dora Francisco project 30 km west of the city of Pinar del Rio in western Cuba. Trenching an…
NEWS ROUNDUP — Advanced work at Potts Falls
Toronto-listed Adex Mining will carry out advanced exploration of its Potts Falls gold project in Guyana. Auger and diamond drilling, as well as trenching, will be performed to follow up the results o…
ODDS’N’SODS — Kirkland Lake, then and now
Fifty-eight years after my first arrival in Kirkland Lake, Ont., I returned this past July to enjoy Blue Diamond Anniversary Week. In 1936, the first government-owned post office was yet to appear. A …
Hall of Fame nominates 16
The annual fund-raising dinner of the Canadian Mining Hall of Fame is scheduled for Jan. 9, 1995, at Toronto’s Royal York Hotel. Sixteen individuals have been nominated for election to the Hall of Fam…
Int’l Platinum files financial data
Toronto-listed International Platinum (IPC) has filed its 1993 and year-to-date financial statements with the Ontario Securities Commission (OSC). In late May, the OSC imposed a cease-trading order ag…
Caledonia acquires Spanish gold mine
In a deal retroactive to Jan. 1, 1994, Caledonia Mining (TSE) has increased, to 83.2% from 24.8%, its interest in the Filon Sur gold mine in southern Spain. The mine, which employs 45 people, is in Hu…
INSIDER TRADING — Pure Gold officer exercises options and
The president of Pure Gold Resources (TSE) exercised options and sold shares in July. According to the Ontario Securities Commission’s OSC Bulletin, Donald Sheldon exercised 115,000 options at 33 cent…
MSV prepares Eastmain project for production
The owner of the Eastmain gold project in northern Quebec will receive a $3.4-million grant under a federal-provincial subsidiary agreement on mineral development. MSV Resources (ME) says the recently…