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…
News
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…
DIAMOND PAGE — BHP eyes Caledonia’s property — Major plans exploration to test diamond potential
Major mining companies appear to be taking a keen interest in the Zambian exploration portfolio of Toronto-based Caledonia Mining (CAL-T).Earlier this month, the Zambian subsidiary of Cyprus Amax (CYM…
GOLD FUNDS (May 26, 1997)
Gold Funds as of May 15, 1997BGRCentralNet Value$21.33$5.94Price$16.75$5.
LME WAREHOUSE LEVELS (May 26, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 19/97 (change from previous week in brackets):Aluminium761,950(-7,475)Copper141,100(-8,200)Lead118,100(+1,400)Nickel50,6…
Corriente perseveres in South America
Junior Corriente Resources (CTQ-T) is disappointed by initial results from a 5,000-Metre drill program on the Chama gold project in southern Peru.The first four holes were drilled to investigate the b…
Kabila wants miners with heart — Mining companies offered joint-Venture opportunities
This once-beautiful city in the heart of the Central African copper belt provided an appropriate setting for rebel leader Laurent Kabila to invite foreign mining companies to help rebuild the economy …
First Dynasty buys into Armenian projects
Singapore-based First Dynasty Mines (FDM-T) and New York-based Global Gold have inked a deal that will see the former earn up to a half interest in three advance-staged gold projects in Armenia.First …
Orion drills in Argentina
Drilling is being accelerated at the Agua Rica porphyrycopper-gold-silver-Molybdenum deposit in the northwestern Argentine province of Catamarca.Northern Orion Explorations (NNO-T) reports that three …
Cambior exercises option at La Granja — Reports $3.1-Million profit for first quarter
Montreal-based Cambior (CBJ-T) is exercising its option to acquire the Peruvian copper deposit known as La Granja.In accordance with the 1994 option agreement with state-owned Minera Peru, Cambior has…