Rio Amarillo signs placements
Two private placements are intended to raise $487,500 for exploration drilling at the Guabisay gold-silver-Copper project in central Ecuador.Property-owner Rio Amarillo Mining (RIO-V) reports that A.R…
News
Atapa signs deal for properties in Java
After months of negotiations, Atapa Minerals (ATAP-C) and its private Indonesian partner have signed joint-Venture agreements with the Indonesian-state mining company, Aneka Tambang, for rights to the…
GeoNova reports `best hole ever’
A recent hole drilled by GeoNova Explorations (GNE-M) intersected 7.5 metres grading 12 grams gold per tonne (0.35 oz. over 25 ft.) at a mineral project north of Lebel-sur-Quevillon, in northwestern Q…
OBITUARY — John McIntosh
John Alexander (Sandy) McIntosh, a civil servant with a long history in the Canadian mining industry, has died. He was 53.Born in Flin Flon, Man., McIntosh graduated from the Haileybury School of Mine…
Barrick invests in Alaskan gold
Barrick Gold (ABX-T) has inked a deal whereby it can earn a 51% interest in the Golden Summit property of International Freegold (ITF-V), situated in the Fairbanks district of Alaska.For its interest,…
PCS reaps profit during first quarter
Saskatoon, Sask.-based Potash Corp. of Saskatchewan (POT-T) has posted another good quarter, with potash and phosphate prices showing strength in the domestic markets.Over the first three months of th…
PRODUCER AND DEALER PRICES (May 26, 1997)
Aluminium: LME settlements US$1,621 per tonne, alloy $1,475 per tonne (May 20/97).Antimony: Composite free market, US$2,220 per tonne (May 20/97).Bismuth: Composite free market US$3.30 per lb. (May 20…
ASIAN EXPLORATION — Mindoro soldiers on in SE Asia
Thousands of kilometres of relatively unexplored calc-Alkaline volcanic-plutonic interfaces are the chief attribute that attracted Mindoro Resources (MIO-A) to Southeast Asia. And although many invest…
Greenstone confirms gold at Crimea project
Definition drilling by Toronto-based Greenstone Resources (GRE-T) has confirmed the existence of a significant gold find at the Crimea prospect within the company’s wholly owned Libertad concession in…
ASIAN EXPLORATION — Echo Bay and TVI make headway at Kingking project
Initial results of an ongoing feasibility study at the Kingking copper-gold project in the Philippines indicate the deposit could yield 4.5 million oz.gold and 2.3 billion lb. copper.The property, whi…
Northern Crown steps up work
Northern Crown Mines (NEW-T) has announced encouraging results from the first hole in a program of renewed drilling at the Guadalupe de los Reyes project in Mexico.The hole was drilled east of areas o…
ASIAN EXPLORATION — First Dynasty uncovers gold on road to Mandalay — Drilling will test theory that discovery forms part of a larger mineralized zone
A reconnaissance geochemical sampling program by First Dynasty Mines (FDM-T) has identified gold-bearing mineralization near the centre of its Block 2 property in north-Central Myanmar.The Singapore-b…