Abacus on the lookout in Alaska
Results from the first seven holes drilled on the Niblack massive sulphide property in southeastern Alaska have expanded, both downdip and along strike to the west, the known area of gold mineralizati…
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Metal Prices — Daily Metal Prices (July 21, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 15July 14July 11July 10J…
Diablillos partners step out in Salta
An 11,000-Metre program of stepout drilling is under way on the 3,600-ha Diablillos gold-silver property in the northwestern Argentine province of Salta.The property is held by a jointly owned Argenti…
Grayd Resource drills Dry Creek deposit
At the Dry Creek massive sulphide property, 55 miles southeast of Fairbanks, Alaska, Grayd Resource (GYD-V) is busy with a $1.5-Million program of exploration.The company is targeting the Red Mountain…
DIAMOND PAGE — Botswana finances African projects — Water Fissure program near completion
Funds from a warrant offering are allowing Botswana Diamondfields (BWD-V) to continue exploring several of its diamond projects in Botswana and South Africa.The company raised $9.6 million through the…
Francisco expands El Sauzal gold discovery
A third phase of drilling at Francisco Gold’s (FGX-V) El Sauzal gold project in Mexico’s Chihuahua state is testing the large-scale epithermal system peripheral to the West and East zones.A resistivit…
Normandy hits high grade Down Under
Exploration at the Vera Nancy gold deposit continues to intersect high-grade values as the Australian project nears commercial production.Situated in Queensland, the project is a joint venture of Norm…
DIAMOND PAGE — Caldera advances Abminga project
The Abminga diamond exploration project of Caldera Resources’ (CDR-M) in South Australia has been granted “project status” by South Australia’s mines ministry.The new status allows Caldera to treat it…
MOST ACTIVE ISSUES, July 9-15MOST ACTIVE ISSUES, July 9-15
ExchgVol(000s)CloseKinross GldT170265.65Placer DomeT…
Partners declare Stenpad values unreliable
“Unreliable” is how joint-Venture partners Golden Rule Resources (GNU-T) and Hixon Gold Resources (HXG-V) are describing the trenching and soil-sampling values from their previous work at the troubled…
DIAMOND PAGE — SouthernEra sells first Klipspringer gems — More Angolan diamonds also sold
SouthernEra Resources (SUF-T) has completed the first sale of diamonds from its Klipspringer project in South Africa’s Northern Province.The company will receive US$573,662 from the sale of a parcel t…
STOCK MARKETS — Summer doldrums descend on western markets — Investors adopt wait-And-see strategy for projects in Timmins camp
Junior companies are pulling in their horns and preparing for a quiet summer in the hope that market prospects and gold prices will improve this autumn. While many companies are finding that it is not…