Antares to mill Lady Lina ore
With positive results in hand from an initial feasibility study on its Lady Lina gold property in Zimbabwe, Antares Mining and Exploration (TSE) intends to begin processing ore at the adjacent Vubachi…
News
Lithos sees more reserve potential at Wrightbar
New reserve figures are likely to come from planned exploration drilling at the Wrightbar mine near Val d’Or, Que. Owner Lithos (ME), which dewatered the workings at the former producing mine last win…
Waddy Lake and Golden Rule agree on merger terms
The boards of directors of Waddy Lake Resources (TSE) and Golden Rule Resources (TSE) have agreed on a share exchange that will see the two companies merge.Golden Rule, through its wholly owned unit G…
La Teko lands partners for Ryan Lode mine
With an attractive reserve figure at the Ryan Lode gold mine near Fairbanks, Alaska, La Teko Resources (NASDAQ) has granted an option to two small companies in an effort to reopen the operation.The co…
DIAMOND NEWS ROUNDUP — Third kimberlite uncovered at Cross diamond joint venture
Exploration on the Cross property in the Northwest Territories has led to the identification of a third kimberlite pipe for partners Ashton Mining of Canada (TSE), Tenajon Resources (VSE) and Pure Gol…
Correction (September 25, 1995)
Assays on drill cores from the Box gold mine of Greater Lenora Resources (TSE) ranged from 0.79 gram gold per tonne over 35 metres to 4.32 grams over 38 metres. Incorrect information appeared in our S…
MARKET STORY — Rise in resource index reflects stronger western markets
Western markets gained ground over the report period ended Sept. 12, with the Vancouver Stock Exchange resource index adding more than 28 points to close at 1,385.87.The composite index ignored the mo…
DIAMOND NEWS ROUNDUP — NWT Diamonds group seeks permits
With diamond evaluations completed on four of five pipes planned for production (namely, the Panda, Misery, Koala and Fox) and on one new pipe (the Pigeon), the N.W.T. Diamonds joint venture is prepar…
Production planned for garnet project
With the mill now complete and the installation of processing equipment under way, Vancouver-listed partners Stralak Resources and Emerald Isle Resources are expecting a fall production start for thei…
Red Dog mine being expanded by Cominco
Drilling at the Red Dog mine in northwestern Alaska is fleshing out a new zinc-lead deposit for Cominco (TSE) a quarter of a mile north of the current open pit.When the discovery was made in July, Com…
LABRADOR NEWS ROUNDUP — Cdn. States Gas to drill anomalies
Drills are turning at a property 80 km northwest of Voisey Bay and owned by Canadian States Gas (CDN). The company has followed up on anomalies detected in airborne electromagnetic surveys, with groun…
Reserve potential grows for Red Chris
Pleased by the success of drilling to date at the Red Chris copper-gold porphyry project in northwestern British Columbia, American Bullion (VSE) and Teck (TSE) have decided to step up their efforts.T…