More gold is reported at Damoti Lake project
Further assay results from drilling at the Damoti Lake property, 150 km north of Yellowknife, N.W.T., have extended the previously discovered gold zone to the north. Athabaska Gold Resources (TSE), op…
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MINING IN MEXICO — Challenging times ahead for Mexico
Since the mid-1980s, Mexico has undergone an economic transformation in record time, a feat that few other developing countries can claim. The change in Mexico’s economy from state control to an open …
MINING IN MEXICO — Minefinders plans surface work
Toronto-based Minefinders (VSE) is planning a start in October of a surface work program at its Dolores gold property in the Mexican state of Chihuahua. The company will use the results of the program…
MINING IN MEXICO — PROJECT ROUNDUP — Lenora in project
Junior Greater Lenora Resources (TSE), which has incorporated in Mexico, is reported to be actively searching for new property interests in the country. The company was involved in negotiations two ye…
MINING IN MEXICO — Mexican economy shows continued strength
Mexico’s’s current performance reflects the country’s long efforts to wrestle with financial imbalances, reduce its debt burden, control inflation and implement sustainable economic reform. During 195…
MINING IN MEXICO — PROJECT ROUNDUP — Silver usage at 14.7
The official market for silver use in Mexico in 1992 for industrial purposes and jewelry was about 14.7 million oz. The Silver Institute of Washington, D.C., reports that slightly more than half of th…
MINING IN MEXICO — Corner Bay completes field work program
With a field work program completed at its large copper property in the state of Chihuahua, near the Texas border, Corner Bay Minerals (TSE) is seeking ways to continue its exploration plans, either b…
MINING IN MEXICO — Growing population tops 84 million
Mexico has an area of 1.96 million sq. km. Its population, estimated at 84.1 million in 1992, has recently been growing at 1.8% per year. About 70% of the population lives in urban areas, with more th…
MINING IN MEXICO — Morgain increases copper reserves
Additional reserves have been delineated at the Cuatro Hermanos copper-molybdenum porphyry deposit in the Mexican state of Sonora, Morgain Minerals (VSE) reports. A 4,500-ft. percussion drill program …
MINING IN MEXICO — Randsburg acquires Luz de Mexico
Randsburg Gold (VSE) has acquired the Luz de Mexico concession in Baja California, Mexico. The concession was a former producer of high-grade gold since the turn of the century. Those activities were …
MINING IN MEXICO — Great Lakes Min. arranges financing
Recently closing a deal to acquire a 100% interest in the Lluvia del Oro gold project in the Mexican state of Sonora, Great Lakes Minerals (TSE) has now secured $937,500 in financing for a fall explor…
MINING IN MEXICO — PROJECT ROUNDUP — Mexican-Japanese joint
e Tizapa project in Mexico state is being developed by a Mexican-Japanese joint venture. Minas Penoles and Dowa Mining incorporated Compania Minera Tizapa last year to bring the polymetallic property …