Drilling planned for Atna ground
Drilling will begin in early August on the Foot, Pak and Toe claims in the Yukon.Westmin Resources (TSE) will spend a minimum of $650,000 on the property this year under a four-year, $3-million option…
1995
STOCK MARKETS — Interest rate cut spurs TSE to record highs
A drop in interest rates ignited the Toronto Stock Exchange 300 composite index, which proceeded to blast through three successive record highs during the 5-day report period ended July 11. The compos…
Mixed results at Golden Bear
Drilling at the Golden Bear mine property in northwestern British Columbia is returning mixed results for Wheaton River Minerals (TSE).The company is drill-testing two zones, Ursa and Grizzly, in an e…
American Bullion finds new zone at Red Chris property
Drilling on the Red Chris property in northwestern British Columbia is firming up a new zone of mineralization for American Bullion Minerals (VSE).The company has drilled eight widely spaced holes on …
Bourlamaque-Nord yields gold
A bulk sample of ore from the Bourlamaque-Nord project of Lithos (ME) has yielded 2,484 oz. gold, 93.4% of which was recovered.The 10,377 tons of ore extracted from the property, which is the site of …
EDITORIAL PAGE — The bear facts of geophysics
My first summer job in geophysics was as a horizontal loop electromagnetic (EM) transmitter operator in the Yukon in 1966. The Anvil camp had recently been discovered by Dr. Arro Aho, and an intense e…
Metal Prices — FREE MARKET (July 17, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 11July 10July 7July 6July 5Copper3159-3160 3099-3100 3100-3110 3058-3059 3091-3092Lead 615-616 609-610610-611 610-611 618-6…
Platinova drills turn in Greenland
At the Peary Land zinc project in Greenland, Platinova A/S (TSE) has begun drilling the Esrum gravity anomaly.The first hole intersected 70 metres of massive sulphides containing sub-economic quantiti…
Michelle Highgrade lives up to name
Underground sampling at the Michelle Highgrade zone of the Table Mountain mine in northern British Columbia is returning multi-ounce values.Owner Cusac Industries (TSE) has completed a decline to the …
Etruscan makes gold discovery in Niger
Etruscan Enterprises (VSE) has made a significant gold discovery on its 67%-owned Koma Bangou project in Niger, West Africa.The disseminated gold zone, known as V1 South, was found at the contact betw…
MNDM unveils computer aid system
Ontario’s Ministry of Northern Development and Mines has unveiled computer technology which will give Timmins-area clients electronic access to more than 1 million pages of mineral exploration documen…
Mirage estimates a resource for its Salvadoran gold project
Consultants for Mirage Resource (TSE) have calculated a geological resource of 5.2 million tonnes grading 6.29 grams gold and 46.23 grams silver per tonne for the Salvadoran project known as El Dorado…