West African extends program
Trenching results suggest the Anwia anomaly on the Teleku-Bokazo property in western Ghana has widespread gold mineralization.West Africa Mining Exploration (CDN) reports that two trenches, dug on the…
News
Japanese to buy stake in Collahuasi
A Japanese consortium will buy a 12% equity interest in the Collahuasi copper project from joint owners Falconbridge (TSE) and Luxembourg-based Minorco.The consortium, which includes Mitsui & Co., Nip…
Daren looks toward industrial minerals
The acquisition of three properties will see Daren Resources (VSE) shift its focus to industrial minerals.Daren will acquire the properties for costs incurred, with vendor Crystal Capital retaining a …
Cumberland, Comaplex calculate inventory for Meadowbank
The original resource estimate for the Meadowbank project in the Northwest Territories has tripled to greater than 800,000 oz. gold.The project is operated by Cumberland Resources (TSE), which has a 6…
Silver showing found in Atikokan area
Privately owned Atikokan Resources has reported high silver grades from a surface showing 32 km northeast of Atikokan, Ont.Geologist Raymond Bernatchez says the showing has been traced along a 500-met…
Government surveys set for Greenland
The Geological Survey of Denmark and Greenland has revealed the locations of helicopter-borne magnetic and electromagnetic surveys to be performed in 1996.The surveys will be flown in mid-year in area…
International Gold updates reserves at Bibiani
Following the completion of a feasibility study at its Bibiani gold project in Ghana this summer, International Gold Resources (TSE) has completed an additional 100 drill holes and recalculated reserv…
First Dynasty eyes opportunity in south Indonesia
South of the Indonesian capital of Jakarta, First Dynasty Mines (TSE) is attempting to gain a stake in the Gunung Pongkor gold-silver mine.Towards this end, it has signed a memorandum of understanding…
Black Hawk finances Farley Lake
As production approaches at the Keystone gold project’s Farley Lake pit, 50%-owner Black Hawk Mining (TSE) has arranged financing for its share of the development cost.Black Hawk, which shares the pro…
Battle Mountain advances Aussie deposit
Delineation work is progressing at a high-grade, underground target at the Pajingo mine in Queensland, Australia.Battle Mountain Gold (NYSE) reports that its Vera deposit has the potential to contain …
Tasisuak Lake returns values
Drill results from the Tasisuak Lake property in Labrador have jostled the spirits of joint-venture partners Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE).Tasisuak Lake l…
William eyes Aussie producer
Provided it succeeds in taking over Australian gold producer Valdora Minerals, William Resources (TSE) expects to be producing 200,000 oz. per year by 1999.The acquisition is subject to the completion…