Initial processing of the discovery hole from Pipe 441 at the Verkhotina project in northwestern Russia is returning diamonds for Archangel Diamond (VSE).The hole intersected kimberlite from a depth o…
Having optioned its Tanzanian projects to several major mining houses, Pangea Goldfields (TSE) is acquiring interests elsewhere in Africa.The company has acquired 20 prospecting licences in Uganda. Th…
The U.S. subsidiary of Placer Dome (TSE) has signed a property agreement with Cathedral Gold (TSE) and Imperial Metals (TSE), owners of 90% and 10%, respectively, of the Sterling mine in Nevada.The ag…
CDN-listed H-L Corp. has acquired a 20% interest in a group of claim blocks near Voisey’s Bay, Nfld.The claim blocks, which are 95 km northeast of the Voisey’s Bay nickel-copper-cobalt discovery, comb…
Testing the strike extension of the orebody at the Mercedes mine in Ecuador, Northfield Minerals (TSE) has intersected 37 metres of copper-gold mineralization.Northfield and its Ecuadorean joint-ventu…
Exploration continues along the eastern extension of the Destor-Porcupine fault zone. Teddy Bear Valley Mines (TSE) has taken an option on a property on the boundary between Cook and Guibord twps., 20…
Exploration work has enabled Solitario Resources (TSE) to increase the size of its Bongara zinc deposit in northern Peru.The open-pit prospect is estimated to contain 1.9 million tonnes of oxide mater…
Mining equipment companies from various countries are preparing to head to Ghana to explore opportunities being presented by that country’s resurgent mining industry.The focus of their attention is th…
With positive 1995 results in hand, Inco (TSE) is pressing on with exploration of the Ileninga Lake massive sulphide property in the Northwest Territories.Last year, the nickel giant acquired an optio…
Drills are testing epithermal gold mineralization at the Kavola property of Indo-Pacific Resources (ASE) on the island of New Britain, part of Papua New Guinea.Five mineralizaed zones are known to exi…
Drilling on its Escale property in north-central Quebec, Sirios Resources (ME) has discovered both gold and zinc mineralization.Mineralized iron formations with pyrrhotite, arsenopyrite and pyrite wer…
A joint-venture agreement with Mountain Lake Resources (VSE) gives Corriente Resources (VSE) the right to earn a 51% interest in the 800-hectare Tesoureiro project in Brazil’s Minas Gerais state.The p…
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