Toronto-listed Sudbury Contact has intersected additional gold mineralization at the Victoria Creek project in northeastern Ontario. Hole 25 hit 0.35 oz. gold per ton over 19.5 ft. associated with a h…
Development is proceeding at the the Nugget Pond gold project near Baie Verte, Nfld. Noveder (ME) of Rouyn-Noranda, Que., which hopes to have the project ready for production in early 1995, has obtain…
Field crews of Seawest Resources (VSE) are exploring an 89-claim property in northeastern Ontario’s Moody Twp. Seawest can acquire a 60% interest from owner Glen Auden Resources (CDN). Previous drilli…
Junior Glen Auden Resources (CDN) is planning a drill program on a 142-claim property near Casa Berardi, Que., optioned from Noranda (TSE) and Hemlo Gold Mines (TSE). A series of holes, spaced at 50-1…
A joint-venture company 25%-owned by Asarco (NYSE), Kamgold, has won a bid to develop a gold mine 50 miles west of Milkova on the Kamchatka Peninsula in northeastern Russia. By mid-1995, the company e…
Early results from drilling at the Eagle River gold property confirms that the No. 8 zone consists of a series of closely spaced, high-grade, plunging lenses and that No. 6 is a continuous, high-grade…
Exploration and development are in full swing at Consolidated Nevada Goldfields’ (TSE) Nixon Fork project in west-central Alaska. The company has completed about 1,800 ft. of advances on two declines …
An agreement to acquire the Pedernalillo tailings project in Zacatecas, Mexico, gives Pan American Minerals (TSE) another potential silver producer. The purchase price was not released, although Presi…
Commodity prices drifted seasonally lower in early summer and helped to pull down the Bank of Nova Scotia’s commodity price index by 2% in July. Gains in the metal-and-mineral and oil-and-gas sub-inde…
TSE-listed Viceroy Resource has sent its exploration team to Argentina to review prospective gold properties in five provinces covering more than 220,000 hectares. The move is in keeping with the comp…
Not unlike the past 18 months, the next 10 years will be a period of significant change and uncertainty for the zinc industry, says Brook Hunt & Associates of England. The research firm, in its study …
A previous owner of Geonics Ltd. has re-acquired the firm. Duncan McNeill, along with a senior management team at Geonics, bought shares of the company from Swedish Geological AB, which is operated by…
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