Drilling boosts Rio Narcea’s reserves
Drilling has enabled Rio Narcea Gold Mines (TSE) to boost geological reserves on its properties in northwestern Spain to 1.8 million oz., an increase of 10% over the figures announced last February.At…
News
Bre-X drills zones while waiting for update
An updated resource calculation is expected shortly for the Central zone at the Busang gold project in East Kalimantan. In the meantime, operator Bre-X Minerals (ASE) continues to drill two other zone…
Index (October 09, 1995)
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Rupert to re-enter Copper Chase
Drilling on the Copper Chase property in northern Quebec is expected to resume next spring.In the meantime, Rupert Resources (VSE), which is earning a 75% interest from Glencairn Explorations (ASE), w…
San Andreas extends Prairie Creek deposit
The latest stepout hole at the Prairie Creek property, 500 km west of Yellowknife, N.W.T., has extended the strike length of the Zone 3 vein deposit to 1.9 km.Prior to this year’s drilling, San Andrea…
Photo Lake mine leaves Snow Lake smiling
Take one mill closure, sprinkle liberally with worries about a town’s future. Mix in half a million tonnes of massive sulphides and place in a province that wants to revive its mining industry. Allow …
Euro-Nevada buys Mt. Muro royalty
Royalty owner Euro-Nevada Mining (TSE) has agreed to pay US$18.5 million for a sliding-scale net smelter return (NSR) royalty on production from the 480-sq.-km Mt. Muro project in Indonesia.Situated o…
Pangea Goldfields ups reserves at Fenn-Gib
Toronto-listed Pangea Goldfields (TSE) has increased reserves at its Fenn-Gib gold property near Matheson, Ont.Following completion of a 7,500-metre drill program in the Main zone, reserves jumped by …
Companies (October 09, 1995)
INDEXAkiko GoldAll-NorthAmax GoldAranleeArizna StarArmisticeAtapa MinAtebaAthbska Gld,AtnaAur ResAzcoBand-OreBema GoldBirchwod VBitechBre-X MinBreseaCambiorCanadn StateCartaway ConCast…
Encouraging results for Da Capo
Encouraging values are reported from summer drilling at Da Capo Resources’ (VSE) Amayapampa gold property in Bolivia.Results are in hand for 34 holes drilled to date. The ongoing program will involve …
Manitoba mining show to highlight incentives
Out of every dollar raised for exploration in Canada, 70 cents goes outside the country, and the Manitoba government wants to lure some of those funds to projects within its jurisdiction. This objecti…
Diadem and Ateba begin search for base metals
An exploration crew from Diadem Resources (ME) has started surface mapping and prospecting at the Pekan River copper-nickel-cobalt prospect in Quebec’s Couchesne Twp., 60 km south of Wabush, Nfld.Mine…