High River sizes up Taparko gold property
Diamond drilling by High River Gold (HRG-T) has extended the strike lengths of two gold zones on the Taparko property in Burkina Faso, West Africa.By spending US$5.9 million on exploration over four y…
1997
LATIN AMERICA — Westmin drills massive sulphides in southern Argentina
Initial drilling by operator Westmin Resources (WMI-T) at Yamana Resources’ (YRI-T) Arroyo Rojo massive sulphide prospect in Argentina has defined significant copper-lead-zinc mineralization beneath s…
LATIN AMERICA — Pan American to test targets in northern Peru
Silver mines and prospects in Central and South America will continue to be the primary focus of Pan American Silver (PAA-T), a Vancouver-based junior which produces 2.6 million oz. of the metal per y…
LATIN AMERICA — Rhodes incorporates new company
In order to focus on its Central European gold projects, Rhodes Mining (RHO-V) has incorporated a new company, Hyperion Resources (soon to be listed on the Vancouver Stock Exchange) to hold its Cuban …
Rift cleared to explore Ugandan property
Junior Rift Resources (RIF-V) has been granted a second exclusive prospecting licence in Uganda.The new licence covers 3,374 sq. km, bringing the area of Rift’s licensed holdings in the country to 10,…
LATIN AMERICA — Vista to drill gold project in Venezuela
Vista Gold (VGZ-T) will begin drilling its Guariche gold property in Venezuela next month in an attempt to confirm proven and probable reserves.The resource at the Triunfo 1 concession, within the 25-…
Mystery persists over de Guzman’s disappearance
Solid information on the disappearance of Michael de Guzman, project manager of Bre-X Minerals’ (BXM-T) Busang gold deposit, is still not available.Guzman apparently committed suicide on March 18 by j…
Tale of the tape at Busang
Bre-X Minerals disclosed these drill hole results from due-diligence investigations by Freeport-McMoRan at the Busang gold project:HoleInterval(m)Bre-X Go…
PEOPLE — ABSTRACT ENTERPRISES (April 07, 1997)
Mohamed Verjee and Karim Nanji appointed directors.
SPOT PRICES AT A GLANCE (April 07, 1997)
Wednesday, April 2, 1997Price (US)Week’s ChangeGold*$350.70+ $3.90Silver*$ 4.98…
LATIN AMERICA — Impact starts exploration program at Eagle Mountain
A follow-up exploration program by Impact Minerals (IPT-V) is testing the Eagle Mountain gold property, some 45 km from Cambior’s Omai gold mine in central Guyana.The program is being funded by Calgar…
LATIN AMERICA — Junior eyes Mexican project
Toronto-based Breckenridge Minerals (BREK-C) has signed a joint-Venture agreement allowing an Ontario numbered company to earn a 25% interest in the Palmarejo silver project in Chihuahua state, Mexico…