Farley Lake partners firm up deep zone
Drilling at the Farley Lake gold deposit in northwestern Manitoba has confirmed earlier grade estimates in the Southeast zone.Partners Granduc Mining (TSE) and Black Hawk Mining (TSE) are investigatin…
News
Oracle Ridge mine calls it quits
Operating losses at the Oracle Ridge underground copper mine in Arizona have prompted 70% owner Santa Catalina Mining (VSE) to shut down the operation.Santa Catalina cited problems with crushing and m…
PRODUCER PRICES (April 29, 1996)
ALUMINIUM: MW U.S. market US74.25-75.25 cents per lb. (April 19, 1996).ANTIMONY: MW New York dealer US$1.80-$1.95 per lb. (April 5, 1996).BISMUTH: MW New York dealer US$3.90-4.00 per lb. (April 19, 19…
Solitario options property in Peru
Solitario Resources (TSE) has signed an option agreement with Britannia Gold (VSE) to earn a 60% interest in the Tigre gold property in northern Peru.Solitario must spend US$900,000 on exploration and…
Index (April 29, 1996)
REGULAR DEPARTMENTSCareersClassified AdvertisingCommentaryDiamond NewsDividendsDrillersEarningsEditorialsMetal PricesPeopleOdds ‘n’ SodsProfessional DirectoryRights and WarrantsStock MarketsSubscriber…
Northfield continues Macuchi drilling
Drill results from the Macuchi property in Peru have enabled Northfield Minerals (TSE) to confirm a bulk-minable gold zone in the Mercedes mine area.Significant results were returned from surface hole…
BMG signs deal with Washington for Crown Jewel
In an effort to accelerate the permitting process at its Crown Jewel gold project, Battle Mountain Gold (NYSE) has signed a scheduling agreement with the state of Washington.Mine construction is expec…
Western markets continue upward trend
Western markets continued to trend upwards over the report period ended April 23. The Vancouver Stock Exchange composite index rose 26.22 points to 1,190.59, while the resource index tacked on 57.96 p…
Continental and Procoloro team up
Drilling is expected to begin in June on the Santa Cruz and Palmichala gold properties near Remedios, Colombia, following an agreement between Montreal-listed companies Continental Resources and Proco…
Far West lists on Alberta exchange
Junior Far West Mining has completed its initial public offering on the Alberta Stock Exchange.A wholly owned subsidiary of 337 Sail View Venture, the company is engaged in the aquisition, exploration…
Casmyn ups gold resources to 5m oz.
Junior Casmyn (USOTC) is preparing to expand its mining and milling operations in Africa.The company, which owns the Turk mines in Zimbabwe, was able to close a US$9.7-million private placement, arran…
Voisey’s Bay might top 150m tonnes
Nickel giant Inco (TSE) pegs the Voisey’s Bay nickel-copper-cobalt find in northern Labrador at more than 150 million tonnes — 50% more than Falconbridge (TSE) had estimated in its bid for the deposi…