Fortune perseveres at Nico
Drill results at the Nico prospect in the Northwest Territories show generally low copper results, yet owner Fortune Minerals (FORM-C) is nevertheless forging ahead with a second round of drilling.The…
News
NEVADA SPECIAL — FirstMiss finds more gold to extend Getchell operation
While exploration at the Turquoise Ridge deposit in northern Nevada has turned up enough gold mineralization to warrant a production decision, the property’s mineral potential has yet to be fully appr…
NEVADA SPECIAL — Lago Resources acquires claims near Amax’s Sleeper gold mine
Toronto-based Lago Resources (LAGO-CDN) reports that its 10 claims in northwestern Nevada are situated in a geological environment favorable for the occurrence of epithermal gold mineralization.The la…
Namibian delegation makes pitch to Canadian mining reps
The time is now for Canadian investment in Namibia’s mineral exploration sector.That was the message delivered by a delegation of government officials and businessmen from the Southwest African nation…
Tri Origin drills Sioux property
A 1,200-metre program of diamond drilling is under way on the Sioux property of Tri Origin (TOE-T), 30 km south of Sioux Lookout, Ont.The company, which notes that the setting is geologically similar …
COMMENTARY — The Helms-Burton Act, Part 2
The U.S. Congress recently enacted the Cuban Liberty and Democratic Solidarity (Libertad) Act, also known as “Helms-Burton,” after its sponsors Senator Jesse Helms and Congressman Dan Burton. The Act …
PEOPLE — GLOBAL-PACIFIC (June 03, 1996)
George Plewes appointed director
PEOPLE — FIRST DYNASTY (June 03, 1996)
Marcus Randolph appointed president; Johannes Kotlo appointed chairman.
Nelson Gold reports startup woes
Most mines experience teething pains during startup, and Nelson Gold’s (NLG-T) Zeravshan project in Tajikistan is no exception.The company operates, and has a 49% interest in, a mining and milling com…
Serengeti, Anglo form joint venture
Anglo American of South Africa and Serengeti Diamonds (SCG-V) have reached an agreement-in-principle to explore for gold and base metals in Tanzania.The agreement calls for Anglo American to process a…
Drilling spurs interest in Valerie
One drill hole from the Mamatla property, 200 km southwest of Mexico City, has returned encouraging results for Valerie Gold Resources (VLG-V).Valerie holds title to the property through an 85%-owned …
NEVADA SPECIAL — Inter-Rock to become Nevada producer
Inter-Rock Gold (IRO-T) expects to join the ranks of gold producers by the end of the year, when its 65%-owned Daisy Gold project, near Beatty, in southern Nevada, goes on stream.Although not large in…