Romfield options Tudor claims
CDN-listed Romfield Building has opted to acquire four claims in Tudor Twp., 90 km northeast of Peterborough, Ont. The company has staked an additional 22 claims adjacent to those optioned. Romfield w…
News
THE DIAMOND PAGE — Royalstar completes bulk sampling of
Vancouver-listed Royalstar Resources has completed the first phase of a bulk-sampling program on its Sloan 2 diatreme in the State Line district, within Colorado’s Laramie Cty. A 3,000-tonne bulk samp…
STOCK MARKETS — Strengthening gold sector gives boost to
A strengthening gold sector helped the Toronto Stock Exchange post a modest gain over the 5-day report period ended Sept. 20. The composite 300 index moved up 32.65 points to end the period at 4,376.8…
STOCK MARKETS — Rising gold price adds firmness to western
Western markets managed to gain ground during the report period ended Sept. 20, amid a rising gold price and a general lack of bad news. The Vancouver Stock Exchange composite index added 8.65 points …
PRODUCER PRICES (September 26, 1994)
ALUMINUM: MW U.S. market US75.25-76.25 cents per lb. (Sept. 8, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993…
DIAMOND SPECIAL — Early history of Point Lake kimberlite
The history of the Point Lake discovery — a diamondiferous kimberlite, by Dia Met Minerals (TSE) and joint-venture partner BHP Minerals in the fall of 1991 — began with the exploration for indicator…
Spot prices at a glance (September 26, 1994)
Week’s Price (US) Change Gold* $394.80 + $4.40 Silver* $ 5.67 + $0.21 Platinum* $420.00 + $3.25 Nickel** $ 2.92 – $0.02 Lead** $ 0.28 $0.00 Copper $ 1.14 + $0.01 Zinc $ 0.45 + $0.01 Courtesy of Scotia…
DIAMOND SPECIAL — Brazil, Guyana and Venezuela — Southern
Diamonds were first discovered in Brazil in 1725, and the Latin American country soon replaced India as the most important global source of diamonds. Brazil remained the primary diamond source until t…
DIAMOND SPECIAL — Assessing the value of an exploration
Attempts to value exploration properties prior to the actual discovery of a mineral deposit are highly subjective exercises. The foremost problem is to assess the probability that a particular area do…
La Fortuna reserve for San Fernando
Following a review of an in-house resource estimate for the Fortuna property in Mexico’s Durango state, consultant Kilborn Engineering has calculated a new drill-indicated resource. The deposit is now…
DIAMOND SPECIAL — Cliff Res. and partners plan Phillips
Joint-venture partners Cliff Resources (TSE), Triad Minerals and Black Hill Minerals plan about 5,000 metres of small-diameter drilling this year on their Phillips Range diamond property in Western Au…
Ecudorian pushes ahead at Gaby
Prefeasibility work is confirming the potential of the Gaby gold porphyry joint venture in Ecuador, reports Ecuadorian Minerals (ASE). The company can earn a 35% interest in any oxide resource outline…