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Britannia options Exall project

An agreement has been signed by Exall Resources (TSE) and Britannia Gold (VSE) for a joint venture on the Santo Tomas copper project in Sinaloa state, Mexico.Under the agreement, Britannia will assume…



Caledonia finds copper showings at Kikerk Lake

Initial prospecting in the Kikerk Lake area, about 550 km north of Yellowknife, N.W.T., has led Caledonia Mining (TSE) to the discovery of surface copper occurrences along a ridge 4 km long by 100 met…



EDITORIAL PAGE — Privatization gains momentum

State mining is still alive in the western world, but privatization is gaining momentum. And that, in a nutshell, was the message delivered by Magnus Ericsson of the Swedish-based Raw Materials Group …


Gulf finances Tajikistan work

A private placement of convertible preferred shares is expected to raise $6 million for Gulf International Minerals (VSE).The company plans to use the proceeds of the issue to advance its various gold…


Drilling under way at Fishhook

Drilling is under way on the Fishhook Lake gold property in the Northwest Territories. Gitennes Explorations (ASE) is testing two recently discovered zones with a series of short drill holes.Six holes…


Sharpe finds gold at Antone Canyon

Surface trenches at the Antone Canyon property in Nye County, Nev., of Sharpe Energy & Resources (CDN) have been found to contain gold mineralization.The program was designed to test for the surface e…


Placer plays safe at Las Cristinas

Uncertainty over the business climate, combined with the need for additional drilling, has prompted Placer Dome (TSE) to delay development of its Las Cristinas project in eastern Venezuela.The company…


Tallman drilling comes up short

Additional drill results from the Tallman prospect in Guyana failed to match the spectacular value encountered previously.Cathedral Gold (TSE), which can earn a 90% interest in the concession, drilled…


SX-EW process changes copper industry

Changes are taking place in the copper industry with the emergence of solvent extraction-electrowinning (SX-EW) processing, a technique which allows companies to produce cathode copper at the mine sit…


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