Int’l Pursuit seeks sulphides in Yukon
While it is best known for its exploration initiatives in Southeast Asia, International Pursuit (TSE) is broadening its exploration scope to include other prospective areas within the Pacific Rim.Towa…
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Diamond Fields backs Nuinsco
Emerging nickel producer Diamond Fields Resources (TSE) can earn a 51% participating interest in Nuinsco Resources’ (TSE) Rainy River claims in northwestern Ontario.Diamond Fields intends to buy 2 mil…
San Fernando firms up Mexican property
Feasibility work is continuing at the San Fernando gold property in Mexico.San Fernando Mining (TSE) released results from infill drilling on the Fortuna deposit, reporting a weighted, average, uncut …
Nebex set to drill Albanian project
Having completed initial exploration of its two concessions in Albania, Nebex (ASE) is preparing to drill for base metals.President Brian Douglas says a 30,000-ft. drill program is planned for the win…
DIAMOND NEWS ROUNDUP — Lytton and New Indigo pull more diamonds from N.W.T.
At the jointly held JD/OD claim block of Lytton Minerals (TSE) and New Indigo Resources (ASE), large-diameter drilling has recovered about 20 tonnes of material from 11 holes drilled to date.The drill…
Cambior fleshes out Reyna copper-gold play
Further work on the Reyna property, 30 km southeast of Mazatlan, Mexico, has outlined a geological resource of 33 million tonnes grading 0.5% copper and 0.4 gram gold per tonne.Cambior (TSE) is earnin…
LABRADOR NEWS ROUNDUP — Diadem to work through winter
With positive assay results in hand, Diadem Resources (ME) is busy preparing for winter on its property near Pekan River, Labrador.Diadem is setting up a winter base camp in order to facilitate winter…
Cathedral turns up more gold in Guyana
While exploring the East Kaburi prospecting licence in Guyana, Cathedral Gold (TSE) has uncovered three new gold targets.The company completed a program consisting of: 130 km of gridding and very-low-…
Royal Oak can earn in at Willoughby
The potential of the Red Mountain area near Stewart, B.C., is being eyed by Royal Oak Mines (TSE).In addition to picking up the Red Mountain property from Barrick Gold (TSE) in exchange for a $3-milli…
Metals Commentary — Year-end projections show metals turning lacklustre
World metal markets are quietly softening, and annual sales are now expected to mirror those of 1994.Growth will likely be static for the balance of the year, particularly in North America where order…
Tri Origin resumes drilling Down Under at Lewis Ponds
Drilling has resumed on the Lewis Ponds property in New South Wales, Australia, in an effort to follow up an earlier discovery.Tri Origin Exploration (TSE) reports that the previous hole, 46, intersec…
Echo Bay ups its stake in Etruscan
Colorado-based Echo Bay Mines (TSE) has acquired 906,043 additional common shares of Etruscan Enterprises (VSE), thereby increasing its equity interest to 19.7% of outstanding shares (22.3% on a fully…