LME WAREHOUSE (December 02, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.25/96 (change from previous week in brackets):Copper96,125(-6,075)Tin9415(+180)Lead116,375(+1600)Zinc530,050(-4,700)Alu…
News
EXPLORATION ROUNDUP — Noble Peak hits gold at Worcester
The first hole drilled by Noble Peak Resources (NPK-A) at the Worcester gold project in South Africa’s Barberton greenstone belt has intersected gold mineralization.The hole returned 0.31 metre gradin…
EXPLORATION ROUNDUP — Blue Emerald turns east and west
Norway and Indonesia may be on opposite ends of the earth, but junior Blue Emerald Resources (BER-V) is of the view that both countries offer significant potential for new discoveries.The junior has a…
ODDS’N’SODS — The one that got away
Being in the exploration business, and oftentimes far from civilization, certainly gives one the chance to try out some excellent fishing spots.Big fish were a part of my upbringing, but they had been…
EXPLORATION ROUNDUP — Mimiska explores Fern Elizabeth
Encouraging results are reported from the Fern Elizabeth gold property of Mimiska Mining (MMS-M).Assays from the Zephyr zone include: 0.5 metre of 7.33 grams gold per tonne, 1.5 metres of 8.95 grams, …
EXPLORATION ROUNDUP — Deep drill program planned for Sadiola Hill gold property
A US$3.3-million program of deep drilling will test the sulphide zone beneath the oxide pit at the Sadiola Hill gold mine in Mali.Iamgold (IMG-T), also known as International African Mining Gold, has …
EXPLORATION ROUNDUP — GeoNova discovers gold zone at Borduas-Martel
Two holes drilled recently by GeoNova Explorations (GNE-M) at the Borduas-Martel property, north of Lebel-sur-Quevillon in northwestern Quebec, have intersected a new gold zone.Hole 96-38 returned 14….
Larder eyes base-metal project in Maine
Toronto-based International Larder Minerals (LRDR-C) has entered an agreement with Prospectors Alliance (PALL-C) to acquire an interest in the Alder Pond base metals project in Maine.To acquire a half…
EXPLORATION ROUNDUP — Territorial exploration highlighted by Mazenod Lake prospects
Although ground acquisition has slowed down in the Mazenod Lake area of the Northwest Territories, exploration work continues apace.Combining sophisticated geological and geophysical methods with an o…
EXPLORATION ROUNDUP — Voisey Bay, Atlanta explore prospects
An exploration program by Voisey Bay Resources (VSY-V) and Atlanta Gold (AAG-T) is testing the 4,016-ha Hapsari Indah Kutai property in East Kalimantan, as well as the 15,130-ha Saran property in the …
Golden Knight Res. takes quarterly loss on chin
Higher exploration and administrative costs, combined with a writedown of the Comidok property in West Africa, have resulted in a third-quarter loss for Golden Knight Resources (GKR-T).While revenue l…
Rift Res. explores in Horn of Africa
The first phase of drilling on several projects in the Horn of Africa has yielded encouraging gold values for Rift Resources (RIF-T).Geochemical sampling and prospecting at the Ketina property in sout…