News


Westmin Res. extends Wolverine zone eastward

The tenth hole to be drilled on the newly discovered Wolverine zone has stepped out on the eastern extension and intersected 5.6 metres of faulted massive sulphides.The zone lies within the Foot claim…


TVI expands exploration program at Rapu Rapu

Results of geophysical work and shallow drilling at the Rapu Rapu property in the Philippines have spurred operator TVI Pacific (TSE) to expand its exploration program.Two deposits are already known o…


Wyoming prospective for diamonds, says geologist

Although much of the state is underlain by an Archean craton favorable for diamond mineralization, only about a half dozen companies are exploring Wyoming for the gem stones.W.D. Hausel, senior econom…



Lorraine play returns copper for Lysander

Additional drill results from the Lorraine property in central British Columbia have returned encouraging copper intersections for Lysander Gold (VSE).Lysander owns the property, subject to a 60% back…


Hecla experiences reversal

Disappointed with drill results, Hecla Mining (NYSE) has dropped its option on the Fortuna project in Mexico’s Sonora state.The company had the right to earn a 60% interest in the silver-gold project …


COMMENTARY — A not-so-Superfund

The Superfund program in the U.S. has been under fire for some time, and the heat may be turned up in a new book that is expected to be published in 1996.The manuscript, tentatively titled Moving Yard…


Northgate sells NorthWest Gold

Toronto-based Northgate Exploration (TSE) has sold wholly owned subsidiary NorthWest Gold to Kinloch Holdings. NorthWest’s only asset is a 42% interest in Sonora Gold (TSE).Northgate will be relieved …


Placer to start work

Diamond drilling is set to begin on the Goldboro property of Orex Exploration (ME) in Guysborough Cty, N.S. Option and joint-venture agreements between Orex and Placer Dome (TSE) are conditional on th…



Partners drill holes at Whistle Lake

Partners Cumberland Resources (TSE) and International Vestor Resources (VSE) have drilled four holes in a 3,390-ft. program on the Whistle Lake polymetallic property north of Thunder Bay, Ont.The prop…


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