Michelle Highgrade lives up to name
Underground sampling at the Michelle Highgrade zone of the Table Mountain mine in northern British Columbia is returning multi-ounce values.Owner Cusac Industries (TSE) has completed a decline to the …
News
Etruscan makes gold discovery in Niger
Etruscan Enterprises (VSE) has made a significant gold discovery on its 67%-owned Koma Bangou project in Niger, West Africa.The disseminated gold zone, known as V1 South, was found at the contact betw…
Investment needed for steel industry
A new phase of investment is essential for growth in the stainless steel industry, says CRU International, an economic and business consultancy for the metals industries.Demand for stainless steel fla…
Tri Origin finds new Aussie zone
An ore-grade massive sulphide occurrence has been intersected in the latest round of drilling by Tri Origin Exploration (TSE) at its Lewis Ponds polymetallic property in New South Wales.Hole 46, drill…
Exploration planned for Greenland
An option agreement with Platinova A/S (TSE) sets the stage for Cartaway Containers to earn a 50% interest in three mineral concessions on the west coast of Greenland.The claims were staked by Platino…
Petaquilla drilling continues to deliver
Drilling on the Petaquilla property in Panama continues to return gold values on the Molejon zone.The drilling is aimed at outlining a stand-alone gold mine, while feasibility work continues on the ne…
MNDM unveils computer aid system
Ontario’s Ministry of Northern Development and Mines has unveiled computer technology which will give Timmins-area clients electronic access to more than 1 million pages of mineral exploration documen…
Cornucopia Res. to acquire gold producer in Arizona
The planned purchase of Addwest Minerals for US$22.3 million will give Cornucopia Resources (TSE) a 50,000-oz.-per-year gold producer.Addwest, a wholly owned subsidiary of Addington Resources (NASDAQ)…
Ivory starts work program
Exploration work is under way on property held by Ivory Oils & Minerals (VSE) about 12 km southwest of Diamond Fields’ main discovery in the Voisey Bay region of Labrador.The first phase of work inclu…
NEWS IN BRIEF (July 10, 1995)
Canadian Comstock Explorations (CKX:VSE) has changed its name to American Comstock Explorations (AEK:VSE) on a 1-new-for-4-old-share basis.
Miranda options Mexican property
Miranda Industries (VSE) can acquire the Colorada gold concession in Mexico’s Sinaloa state.To do so, it must make annual payments of US$58,000 over a 5-year period, followed by a final payment of US$…
COMMENTARY — Computerized maintenance costs
Many mining and construction companies have purchased computerized maintenance management systems (CMMS), only to find that the system cannot be used until someone feeds the database with the followin…