Band-Ore advances Thorne gold play
With six drills on site, Band-Ore Resources (BAN-T) has launched a $6-million effort to bring the Thorne property, just west of Timmins, Ont., to the development stage.Kilborn SNC Lavalin will assist …
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Canarc boosts resource at Polaris
Drilling has expanded the Polaris Taku gold resource in Alaska by 10%, Canarc Resource (CCM-T) reports.The program increased the probable and possible resource to 3.9 million tons grading 0.41 oz. gol…
EXPLORATION 1997 — Exploration Brex tests gold zone
A sampling program by Exploration Brex (BX-M) has resulted in the discovery of a new gold zone at the Aremu property in central Guyana.The company says the zone was found in an unexplored area some 5 …
EXPLORATION 1997 — Goldbrook to drill Citadel gold property
Diamond drilling is planned for the Jubilee-Surluga gold project near Wawa, Ont.The program will be operated by Goldbrook Explorations (GDK-A), which holds an option to earn a half interest in the pro…
EXPLORATION 1997 — Firesteel Res. drills Mosher Lake
A 18-hole, 2,500-metre drill program is under way at the Mosher Lake gold property, 90 km northwest of Yellowknife, N.W.T.Operator Firesteel Resources (FTR-A) says 12 of the proposed holes will test a…
METAL PRICES — FREE MARKET (March 10, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMar. 4Mar. 3Feb. 28Feb. 27Feb. 26…
Drills to turn at Chimborazo
Some 27,000 metres of reverse-circulation drilling will be carried out at the Chimborazo copper property in northern Chile.The project is a joint venture between Agate Bay Resources (ABE-V), which, as…
EXPLORATION 1997 — Sunda diamond project back on course
Partners Trans Hex International and Ocean Resources (OCR-V) report that the newly installed plant is being commissioned at the Sunda Shelf diamond project, offshore from southeast Kalimantan, Indones…
EXPLORATION 1997 — Russian financing a boon to High River
A Russian gold producer whose single largest shareholder is Toronto-based High River Gold (HRG-T) has completed one of the largest foreign financing deals in Russia to date.Buryatzoloto, which is 22.9…
Abcourt intersects gold in Quebec
Junior Abcourt Mines (ABI.B-M) has intersected gold at its West Gold showing, 5 miles northwest of Rouyn-Noranda, Que.To date, 5,173 ft. have been collared from 13 holes. The best results include: 7.7…
EXPLORATION 1997 — Highwood acquires Thor Lake
A transaction with two private companies has enabled Highwood Resources (HWD-T) to acquire 100% of the Thor Lake beryllium property in Canada’s Northwest Territories.To date, about $12 milllion has be…
EXPLORATION 1997 — Mineral prospects in Cuba and Hemlo district lure CaribGold Resources
The 1996 exploration effort of CaribGold Resources (CG-T) will be directed at gold prospects in Cuba’s Camaguey district and in the famed Hemlo gold camp of Ontario.The Toronto-based junior recently c…