Rio’s Chilean team to collect prospecting award
There may not be room enough at the podium for this year’s four winners of the Bill Dennis Award for Prospector of the Year. The Rio Algom exploration team of John McClintlock, Michael Thicke, Sigfrie…
News
EXPLORATION 1999 – Orezone intersects gold at Kerboul
Preliminary drilling by Orezone Resources (ORZ-M) has intersected three near surface, sub-parallel gold zones at its Kerboul property in northern Burkina Faso.A 5,000-metre program of reverse-circula…
Drills turn at three Abitibi base metal projects
Overshadowed by gold projects since the 1980s, base metal exploration in Eastern Canada’s Abitibi belt has gained a higher profile over the past two years as results have filtered out from new project…
TSE INDICES (March 15, 1999)
1999Mar. 9Mar. 8Mar. 5Mar. 4Mar. 3HighLowComposit…
TSE SHORTS (March 15, 1999)
Short positions outstanding at February 28, 1999Larger individual positions include:Abitibi Consolidated 663,811, up 425,991; Alcan Aluminium 606,559; Barrick Gold 8,669,692, up 1,642,474; Boliden 108…
EXPLORATION 1999 – Stroud explores Santo Domingo
Stroud Resources (SDR-T) is targeting epithermal gold-silver mineralization at the Santo Domingo II property, 32 km north of Guadalajara, Mexico.Epithermal veins found at Santo Domingo were developed …
Acquisition strengthens Etruscan’s hand
Etruscan Resources (EET-T) has signed a US$6.75-million deal with Ashanti Goldfields (AHD.U-T) and Iamgold (IMG-T) to acquire the partners’ equally held Saoura permit, situated adjacent to Etru…
EXPLORATION 1999 – MCK launches drill program
A drill program by MCK Mining (MCKM-C) is under way on the Martison phosphate project near Hearst, Ont.The Toronto-based junior is attempting to upgrade existing resources and provide samples for meta…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Golds rebound in buoyant Toronto market
The Toronto Stock Exchange recovered strongly from the previous week’s woes, as favourable Canadian and U.S. economic news and firmer commodity prices combined to put stocks in a good light. The TSE 3…
EXPLORATION 1999 – MEXICAN ROUNDUP — Gamon pins hopes on Brenda
Producer hopeful Gammon Lake Resources (GAML-C) is continuing with surface and underground exploration at the Brenda mine near Ocampo in Chihuahua state, Mexico.Gamon can earn a 60% interest in the 46…
EXPLORATION 1999 – MEXICAN ROUNDUP — Drilling dry at Guinoloza
Preliminary drilling by 60-40 partners Queenstake Resources (QTR-T) and Alamos Minerals (AAS-V) failed to intersect significant mineralization at the Guinoloza property in Chihuahua state, Mexico.Eigh…
EXPLORATION 1999 – Tiberon stakes land package
Having terminated all work programs in Vietnam, Tiberon Minerals (TBR-V) has turned its attention to a newly staked land package in the MacAuley Creek region, 78 km south of Whitehorse, Y.T.The 42-cla…