News

Ariel flies high in Costa Rica

Vancouver-based Ariel Resources (TSE) intends to become Costa Rica’s largest producer of the yellow metal, at an annual rate of 50,000 oz.The announcement follows the acquisition of Greenstone Resourc…




Int’l Pursuit chasing Filipino mineralization

Drilling by International Pursuit (TSE) continues to test the Hinoba-an copper project 600 km southeast of Manila, on the Philippine island of Negros.While initial progress has been slow, the principa…


Tandem options two properties

Two prospecting syndicates have optioned properties west and southwest of Voisey Bay, Labrador, to Tandem Resources (ME).The junior can acquire a 90% interest in the properties by completing all neces…


Acquisition boosts Pegasus reserves

Spokane-based Pegasus Gold (AMEX) has boosted its reserves by 49% since March, 1995. The proven and probable figure climbed by 2.6 million oz. to a total of 7.8 million oz.Contributing to the increase…



LABRADOR NEWS ROUNDUP — NDT identifies anomalies

Of the 17 properties held jointly by Aranlee Resources (VSE) and NDT Ventures (VSE) in the Voisey Bay area of Labrador, six have been subjected to airborne geophysics while nine have undergone prospec…




Bre-X expands Busang resource

Drilling is enhancing the overall potential of Bre-X Minerals’ (ASE) Busang gold project in East Kalimantan, Indonesia.Seven more holes, representing 2,230 metres of drilling, have been drilled over t…


Allegheny acquires Atikokan acreage

Further land has been acquired by Allegheny Mines (ASE) in the Atikokan gold camp, surrounding its existing property on the former Atiko-Sapawe gold mine.Allegheny now holds more than 300 claims in th…


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