Rex tests Mauritanian pipes
Rex Diamond Mining (RXD-T) is testing targets at its wholly owned diamond properties in Mauritania, West Africa.The company recently found a third kimberlite in the Tenoumer permit. Grab samples from …
News
TSE Shorts (December 06, 1999)
Short positions outstanding at November 18, 1999Larger individual positions include:Abitibi-Consolidated 2,322,669, down 180,669; Alcan Aluminum 1,544,543, down 139,876; Anderson Exploration…
Correction (December 06, 1999)
In our Nov. 29 issue, we incorrectly stated that Phelps Dodge (PD-N) had spent US$9.6 million on the Alamo claims surrounding Azco Mining’s (AZC-T) Adelita silver project in Mexico’s Sonora state.The …
Pele pulls gold at Wawa
Bulk sampling at the Wawa gold project in northern Ontario has returned encouraging results for Pele Mountain Resources (PELE-C).The average grade for 9,260 tonnes was 4.93 grams gold per tonne. Anoth…
Exall Resources records quarterly loss
Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…
Chief Consolidated to restart Trixie
Determined to return the Trixie gold-silver mine in Utah to production, Chief Consolidated Mining (CFCM-Q) has arranged a US$7-million private placement.The New York-based junior will issue 3.5 millio…
Miramar posts loss but makes progress
Despite ongoing cost-cutting and other efforts to achieve profitability at the Con gold mine in Yellowknife, Miramar Mining (MAE-T) remained in the red during the latest quarter ended Sept. 30.The gol…
EXPLORATION ’99 – NAME CHANGE (November 29, 1999)
Golden Tiger Resources NL (GTS-V) has changed its name to ISP Limited (ISP-V).
North explores in Mexico
Australian-based North will carry out underground mapping, sampling and surface work at the Sierra Mojada oxide zinc property in northern Mexico.The company can earn a 60% interest in the 17,450-acre …
EXPLORATION ’99 – Rio Tinto backs junior’s search for gold
A newly consummated “strategic alliance” with a unit of Rio Tinto Mining (RTP-N) will allow Uruguay Goldfields (UGIL-C) to continue exploring gold and base metal targets on its 100,000 ha of concessio…
DIAMOND PAGE — Twin Gold starts winter work
Toronto-based Twin Gold (TWG-T) has retained a geophysical firm to fly a high-resolution, magnetic, gradiometric and very-low frequency survey on its 444-sq.-km diamond property in northern Quebec.The…
EXPLORATION ’99 – Copper Ridge hits gold-bearing structure
Junior Copper Ridge Explorations (KRX-V) has discovered a new mineralized structure in the course of its 13-hole drill program at the Scheelite Dome gold property in the Yukon.Highlights are as follow…