Rainbow drilling at Copper Prince
Although drill results from the Copper Prince property of Rainbow Petroleum (RBP-A) are less than satisfactory, the company believes things will improve at depth.Rainbow is drill-testing a major shear…
News
STOCK MARKETS — Junior issues soar on Vancouver market
The Vancouver Stock Exchange rose 63.97 points over the report period ended Aug. 20, to finish at 1,198.03, while the resource index leaped 273.1 points to close at 2,429.96.The latest drill results f…
Euro-Nevada buys into Aussie mine
Royalty company Euro-Nevada Mining (EN-T) has paid A$7 million for a 20% interest in the New Celebration gold mine, which lies in the heart of Australia’s Kalgoorlie-Kambalda gold camps.The mine, incl…
NEWS IN BRIEF (August 26, 1996)
Adastral Resources (ASA-V) has changed its name to Diagem International Resource (DGM-V) with an increase in capital to 100 million from 10 million shares.
Dispute puts spotlight on Zaire’s mineral wealth
Despite lingering controversy over the right of Consolidated Eurocan Ventures (KEU-T) to develop a giant copper-cobalt resource in Zaire, the junior is proceeding with financing for the project.To rai…
Fraser Institute to explore future of B.C. mining and exploration industry
The Fraser Institute will host a conference on mining in British Columbia, to be held Oct. 22 at the Hyatt Regency Hotel in Vancouver.Entitled “Mining in B.C. — Eliminating Uncertainty and Encouragin…
It’s official: Diamond Fields now a division of Inco
With all shares of Diamond Fields Resources (DFR) now in the hands of Inco (N-T), the former’s Voisey Bay Nickel Company subsidiary has become a division of Inco.On Aug. 21, Inco’s acquisition of DFR …
More gold at Meliadine
Further drilling by WMC International, a unit of Australian-based Western Mining, has outlined more mineralization at the Tiriruniak gold prospect, 15 km north of Rankin Inlet, N.W.T.The prospect, for…
Hinoba-an drilling hits copper zone
The latest diamond drill and reverse-circulation (RC) holes at the Hinoba-an project have allowed International Pursuit (IPJ-T) to expand its high-grade copper zone.The company continues to be encoura…
PEOPLE — STERLING PACIFIC (August 26, 1996)
Donald Leishman appointed director.
PEOPLE — SOUTH ATLANTIC DIAMONDS
Edward Posey appointed president and director.
Aur cuts gold at Coleman Canyon
Drilling on the Coleman Canyon property in Nevada, Aur Resources (AUR-T) has hit several thick intersections of low-grade gold mineralization.Since June, Aur has completed 21 reverse-circulation holes…