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DIAMOND PAGE — Ashton to drill Mountain Ash

A drill program by Australian-based Ashton Mining will test the Mountain Ash diamond project in South Africa.The project is a joint venture held 51% by Ashton and 49% by Mountain Lake Resources (MOA-V…



St Andrew finds more gold at Stock

Drilling at the former Stock gold mine in the Matheson area of northwestern Ontario continues to provide encouraging results for St Andrew Goldfields (SAS-T).Stepout hole 7 intersected a narrow, high-…


Buchans River buys Okak interest

In exchange for 700,000 shares and 350,000 warrants, Buchans River (BUV-A) will acquire a 15% net carried interest in the Okak property from Castle Rock Exploration (CTP-V). Previous work on the Labra…



Illinois Creek enters preproduction

Dakota Mining (DKT-X) is preparing for an early-June startup at its Illinois Creek gold mine in central Alaska.The company recently mobilized a construction team to the site and will soon begin thawin…


Gold output rises for Glamis

In the first quarter, operations at the Rand and Picacho mines in California enabled Glamis Gold (GLG-T) to boost gold production by 34% over levels achieved in the same period of 1996.The company cra…






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