NDU placement to fund work at Marg property
A private placement of 2 million special warrants at $2 each will provide NDU Resources (VSE) with exploration funds for its Marg property in the Yukon.The special warrants convert to units which cons…
News
Pan African resumes drill program in Mali
CDN-listed Pan African Resources is returning for another round of drilling to define the extent of a gold zone discovered last year on the Dioulafoundou project in western Mali.In 1995, the company i…
Drills turn at Meadowbank gold project in N.W.T.
A 33,000-ft. drill program is under way at the Meadowbank gold project north of Baker Lake, N.W.T.Meadowbank, a 60-40 joint venture between Cumberland Resources (TSE) and Comaplex Minerals (TSE), host…
Companies (April 15, 1996)
Agnico-EagleAlta GoldAltavista MinesAltra VenturesAnglo AmericanArequipa Res.Ashanti GldfldsAshtn Mg of CdaBand-Ore Res.Barrick GoldBirim GldfldsBitterroot Res.Black PearlBlue EmeraldBolivar GldfldsBr…
Diamond sale benefits Hillsborough
The sale of 2.1 million shares of Canabrava Diamond (VSE) helped push Hillsborough Resources (TSE) into the black in 1995.The company earned $1 million, or 10 cents per share, after gaining $2.1 milli…
Golden Rule gets nod for its Komis gold project
Saskatchewan has granted Golden Rule Resources (TSE) a surface lease for the Komis property, from which gold is expected to pour in August.Komis, which lies 170 km northeast of La Ronge, hosts proven …
THE DIAMOND PAGE — More drilling possible at Arkansas park
Junior Texas Star Resources (VSE) should soon have federal approval to proceed with a diamond exploration project in the Crater of Diamonds State Park in Arkansas.Pending the approval, Texas Star and …
Geology students host Que. symposium
Graduate students in geology at the University of Quebec will present their ninth annual symposium on April 17.Entitled “Archean gold mineralization: Comparison with recent volcanic arcs,” the half-da…
Pathfinder plans work Down Under
Junior Pathfinder Resources (VSE) can acquire the Tungaberry copper project in Australia from Quadrant Resources.Situated in north-central Queensland, the property comprises 2,000 sq. km.Geophysical w…
THE DIAMOND PAGE — Kimberlite discovered at Afridi Lake property
Drilling at the Afridi Lake property in the Northwest Territories is reported to have intersected a land-based kimberlite pipe.Cypango Ventures (VSE) can earn a 51% interest from 70% owner Intertech M…
Eastmain and Barrick form JV at Lac Elmer
CDN-listed Eastmain Resources has formed a 50-50 joint venture with Barrick Gold (TSE) to develop the Lac Elmer gold project in northwestern Quebec.Over a 4-year period, Barrick will cover the first $…
Australian sampling method attracts industry support
From the outback of Western Australia comes a new sampling technique that allows exploration companies to pinpoint mineral deposits more accurately.The Mobile Metal Ion (MMI) process involves the test…