BHP drills Cabre polymetallic play
A 5-hole, 2,000-metre drill program is being conducted by BHP Minerals Canada on Southern Africa Minerals’ (TSE) wholly owned Cabre polymetallic property near Matagami, Que.The program will test geoph…
News
Wheaton ready to advance its Golden Bear project
Preliminary feasibility work on the Ursa zone at the Golden Bear mine property in northwestern British Columbia indicates the deposit can be mined at a profit.Wheaton River Minerals (TSE), which contr…
Showings reported for Parker Lake
Exploration work at the Parker Lake project, 60 miles west of Rankin Inlet, N.W.T., is turning up nickel-copper-cobalt massive sulphide mineralization.Parker Lake is owned 50% by Cumberland Resources …
LABRADOR NEWS ROUNDUP — Drills to turn at Tasisuak Lake
Partners Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE) have now identified seven drill targets on their Tasisuak Lake property, 50 km northwest of Voisey Bay, Labrador.Re…
LABRADOR NEWS ROUNDUP — Ace explores Puttuaalu Lake
Exploration of its land holdings in the Puttuaalu Lake area northwest of Nain, Labrador, has returned sulphides for Ace Developments (VSE).Twenty-five disseminated and massive sulphide occurrences hav…
NEWS IN BRIEF (October 02, 1995)
Paragon Resources (PAR:VSE) has changed its name to Samex Mining (SXG:VSE) on a 1-new-for-5-old-share basis.
METAL PRICES — FREE MARKET (October 02, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateSept. 26 Sept. 25Sept. 22Sept. 21Sept. 20Copper2946-2950 2935-29372924-29282942-29472910-2914Lead593.5-594.5 590-591596-597 602….
Romarco sets its sights on Battle Mountain Trend
It has long been said that the best place to find a new mine is in the vicinity of an existing or past-producing one. Romarco Minerals (CDN) hopes to prove the adage correct by carrying out several ex…
Demand for gold on upward trend
Physical demand for gold reached a new record level of 1,793 tonnes in the first half of 1995, according to a new study by U.K.-based Gold Fields Mineral Services.This increase in physical demand cont…
PEOPLE — PHELPS DODGE (October 02, 1995)
Anthony (John) Lawrence elected vice-president.
Americomm to drill near Goldfield
Drilling will soon begin on the Indian Springs gold property in Nevada’s Esmeralda Cty.Americomm Resources (OTC) reports that mapping and sampling have located two linear structures with associated al…
LABRADOR NEWS ROUNDUP — Zone found at Alliger Lake
Alberta-listed Columbia Yukon Resources has identified a new zone of mineralization on its Alliger Lake claims in Labrador.The structure is intermittently exposed over 800 metres of strike length in l…