1999



Monopros finds kimberlite

Winter exploration at the Victoria Island diamond project in far northern Nunavut has resulted in a significant kimberlite discovery, dubbed the Horned Lark.Monopros, the Canadian exploration arm of D…


River Gold stays afloat

By mining higher-grade ore, River Gold Mines (RIV-T) remained profitable in the first three months of 1999.Earnings topped $287,000 (or 1 cents per share) on revenue of $9.2 million, compared with $73…


Estrella disappoints Valerie

Available assay results for eight of the nine drill holes that tested the Estrella gold prospect in the western Mexican state of Nayarit are much weaker than Valerie Gold Resources (VLG-V) anticipated…





NEWS ROUNDUP — Moss drilling Duval-Boudreault

A second phase of exploration is about to begin at the Duval-Boudreault copper-gold-silver property near Val d’Or, Que.Moss Resources (MRS-T) recently completed 20 holes totalling 1,505 metres to test…


LME WHSE LEVELS (May 24, 1999)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 18/99 (change from May 11 in brackets):MetalStocks(tonnes)Change…


Richmont posts modest quarterly loss

Low gold prices are taking their toll on Richmont Mines (RIC-T), a Montreal-based gold miner with operations in Quebec and Newfoundland.The company posted a loss of $517,685 (or 3 cents per share) on …


Kennecott reports Rocking Horse winner

Kennecott Canada Exploration has discovered a new kimberlite body on the Rocking Horse property, northwest of the Jericho region in the Nunavut Territory.Rocking Horse is one of three properties in wh…


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