Arequipa firms up Peruvian portfolio
A drill program under way at the Ventana property in Peru is attempting to outline a copper porphyry deposit for Arequipa Resources (VSE).The work is being carried out under the direction of Southern …
News
Black Hawk drilling adds to Hoyle Twp. property resource
Results from four drill holes have expanded the mineralized zone at the Hoyle Twp. property of Black Hawk Mining (TSE).The recent work brings total drilling on the property to 5,278 metres and extends…
EDITORIAL PAGE — Rethinking government exploration incentives
For most investors, mining is a game — and an extremely risky one at that. By far the largest risk is the simple fact that ore deposits are rare and, typically, difficult to find.This element of risk…
CIM awards are presented to cream of the metallurgical crop
Seven awards for outstanding contributions to the Canadian metallurgical industry were announced recently at a dinner in Vancouver, B.C.The Metallurgical Society of the Canadian Institute of Mining, M…
METAL PRICES — FREE MARKET (September 11, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateSept. 5 Sept. 4Sept. 1 August 31August 30Copper2887.5-2888.5N/A2917-29222960-29653000-3005Lead578-578.5N/A577-578 616-617622…
East Africa Gold drills in Nykafuru
Drilling on the Nykafuru property in northwestern Tanzania is confirming the continuity of the Number Two East and the Number Two West Reefs for East Africa Gold (VSE).The East Reef has now been drill…
Companies (September 11, 1995)
AberAbacusAgate BayAlta GoldAmax GoldAnvil RangAnvil ResArequipaArmada GAsarcoAshton MngAtlasAtlas ConsAtnaAudreyAvalon VenBarrick GldBismilahBlack HawkBolivar GdfBomaxBrimstoneCabo Ex…
Sulphide zone extended at Foot claims
Encouraged by drill results from the newly discovered Wolverine zone in south-central Yukon, Westmin Resources (TSE) has added a second rig to the Foot claims and will extend the program until late Oc…
Cusac Gold drilling returns gold values
Underground drilling on the Michelle Highgrade area at the Table Mountain mine in north-central British Columbia is confirming gold values for Cusac Gold Mines (TSE).The company has completed a declin…
Pallaum gains a foothold in Crescent Valley
Pallaum Minerals (VSE) can earn up to a 65% stake in the Bullion Mountain property in Nevada’s Crescent Valley.The announcement follows an agreement reached with 60-40 partners Cactus West Exploration…
Alta ups resource at Olinghouse
The first phase of drilling by Alta Gold (NASDAQ) at its Olinghouse gold project near Reno, Nev., has expanded the geologic inventory by 90,000 oz.The 31-hole program discovered new geologic resources…
Production shortfall lowers Goldcorp earnings
Three disadvantages combined to dampen second-quarter earnings for Goldcorp (TSE): a drop in gold production; a lower realized gold price; and higher operating costs at the Wharf mine in South Dakota….