EXPLORATION – The Buchans Deal
Altius Minerals — Billiton can earn up to a 70% interest in 127 claims by spending $1.3 million and making a cash payment of $200,000Buchans River — Billiton can earn up to a 70% interest in 819 cla…
News
EXPLORATION – WPG finds high-grade copper
A trenching program by Western Pacific Gold (WPI-A) has resulted in a high-grade copper discovery at the Hambusimaloso project in the Solomon Islands.Ten continuous channel samples, which were excavat…
EXPLORATION — Slovakian Gram boosts holdings
An option exercised by Slovakian Gram (GRAM-C) has increased the size of its exploration property in Slovakia by 105 sq. km.Under terms of the deal, the company paid a Slovakian firm, controlled by Sl…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — TSE rallies while producers ride out rough week
Investor optimism continued on the Toronto Stock Exchange, with the broad market jumping 232.49 points during the Nov. 18-24 report period, to end at 6,570.27.The TSE’s precious metals and minerals su…
Antoro picks up property
A new option deal could see the reactivation of the Lingman Lake gold project, 320 km northeast of Red Lake in northwestern Ontario.Antoro Resources (ORE-M) has taken an option on the property and int…
EXPLORATION – Juniors to drill Headway project
Companies exploring in Ontario’s Red Lake region have their eyes trained for high-grade gold deposits similar to those being mined and developed at the Red Lake and Campbell mines. Among the hopefuls …
Romarco completes sale of Midas property
Having sold the Midas project in Nevada, Romarco Minerals (R-T) intends to continue exploring its remaining 10 properties in the mineral-rich state.The Toronto-based junior sold its interest in Midas …
EXPLORATION — Argentina Gold aims to expand Veladero project
Drilling is intensifying at the Veladero gold-silver property, which represents the crown jewel in Argentina Gold’s (ARP-V) extensive portfolio of properties in this South American country.The project…
Falconbridge advances Maramba project — Geophysics indicates potential base metal bodies
An exploration program operated by the Zimbabwean subsidiary of Falconbridge (FL-T) and funded by junior NAR Resources (NRL-M) has uncovered several targets in the Zveya Creek area on the Maramba perm…
EXPLORATION — Queenstake pins discovery hopes on Peru
Vancouver-based Queenstake Resources (QTR-T) has survived the rough-and-tumble world of junior mining for more than a decade, having gradually shifted its focus from placer gold projects in the Yukon …
EXPLORATION — Juniors to drill Hyslop property
Partners BMA Mining (BMA-V) and Cypress Minerals (CYP-V) have launched a 5,000-ft. drill program at their Hyslop property near Timmins, Ont.The program is designed to test two induced-polarization tar…
METAL PRICES (November 30, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 24Nov. 23Nov. 20Nov. 19…