Tri Origin drills to expand Lewis Ponds
A drill program by Tri Origin Exploration (TOE-T) is attempting to expand mineralization at its Lewis Ponds property in New South Wales, Australia.Resources at the Toms zone of Lewis Ponds stand at 1 …
News
Teck identifies gold in Oaxaca state
In Oaxaca state, the Mexican subsidiary of Teck (TEK-T) has identified a gold deposit with bulk-mining potential.The 8-by-8-km concession is held by the Mexican subsidiary of International Northair Mi…
THE DIAMOND PAGE — Rex Diamond’s Tongo Fields appraised
The Tongo Fields diamond project of Rex Diamond Mining (RXD-T) has yielded 18.9 million carats valued at US$175 per carat.Situated in the West African country of Sierra Leone, the project includes kim…
Nuinsco, Cambior cancel agreement
Quebec-based Cambior (CBJ-T) has left Nuinsco Resources (NWI-T) alone at the Cameron Lake gold project in northwestern Ontario.The companies agreed that by forfeiting its option, Cambior is not accoun…
Cabo to buy stake in Cuban prospect
Cabo Exploration Ventures (CVE-V) intends to buy the balance of the Trinidad concession in Cuba.The vendor, Panama-based MinAmerica, has agreed to sell its 30% interest in the concession to Cabo in an…
Great Lakes lowers costs at Mexican mine
The Lluvia de Oro gold mine, wholly owned by Great Lakes Minerals (GKM-T), attained planned production levels in December 1996.The mine, situated in Mexico’s Sonora state, yielded 2,081 oz. gold that …
Golden Gram Resources gambles on Gabon
Gabon is best known for its petroleum, manganese and uranium resources, but it is the country’s gold deposits that have lured Golden Gram Resources (GRA-M).The Montreal-based junior will spend $3 mill…
AFRICA SPECIAL — NEWS ROUNDUP — Redaurum reports diamond sales
Diamond sales from North American and African operations generated $8.1 million for Redaurum (RRK-T) in 1996, representing a 219% increase over 1995 revenue of $3.6 million.The Toronto-based company s…
AFRICA SPECIAL — Fancamp Resources picks up Botswanan prospecting licence
Burnaby, B.C.-based Fancamp Resources (FNM-V) has added a sixth prospecting licence to its holdings in Botswana’s Kalahari Suture area.The 7,400-sq.-mile Okwa licence, which is near the Namibian borde…
PEOPLE — ARROWHEAD (February 03, 1997)
Jeffrey Taylor appointed vice-president of corporate development.
AFRICA SPECIAL — NEWS ROUNDUP — Hyder explores in Burkina Faso
An exploration program by Hyder Gold (HGI-V) will test the wholly owned Kampti permit in southwestern Burkina Faso.This year’s program will follow up encouraging results from a sampling program that t…
PEOPLE — ARIZONA STAR (February 03, 1997)
Stephen Kay appointed director.