A $350,000 program of soil sampling will be carried out on several kimberlite pipe targets on the Misty Lake property in the Northwest Territories.Situated next to Mountain Province’s discovery in the…
More than 300 people gathered underneath a large tent here in the heart of the Abitibi greenstone belt to raise a glass of cheer to Quebec’s newest polymetallic producer.The Bouchard-Hebert mine, form…
Short positions outstanding at May 31, 1995.Larger individual positions included: Aber Res. 32,300; Agnico-Eagle 206,880; Archer 104,470; Asia Pacific 155,000; Baja Gold 71,500; Bema Gold 1,071,800; B…
ALUMINUM: MW U.S. market US84.5-85.5 cents per lb. (June 9, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CAD…
Partners MacDonald Mines Exploration (ASE) and Mill City Gold Mining (VSE) have completed a 660-metre drill program on their Golden Hill project near Camaguey, Cuba.Eleven short holes were drilled to …
Diamond drilling by Nuinsco Resources (TSE) in Ontario’s Rainy River district has revealed intervals of high-grade gold.Of 22 holes drilled on the Richardson Twp. property, 17 have been analyzed, with…
Preparations are under way to resuscitate the Kilembe copper-cobalt mine in Uganda.Banff Resources (VSE) can earn a 65% interest in the former producer from the Ugandan government by completing a feas…
The initial phase of a US$1-million exploration program is under way at the Mt. Hamilton gold mine on Nevada’s Battle Mountain trend.The work, which involves 35,000 ft. of infill drilling in and aroun…
A disagreement is reported between Cameco (TSE) and Westward Explorations (VSE) concerning the date when commercial production began at the Contact lake gold mine in northern Saskatchewan.Based on pro…
The KingKing porphyry copper-gold property in the Philippines will soon be in the hands of Echo Bay Mines (TSE) and TVI Pacific (ASE).The former will be the operator, with a 75% interest, while the la…
Teddy Bear Valley Mines (CDN) is raising the necessary funds to cover its portion of construction costs at the Holloway gold joint venture in northeastern Ontario.The company will raise $2 million thr…
Exploration Acabit’s (ME) gold property in Quebec’s Private Twp. has been optioned to Hemlo Gold Mines (TSE).The latter can acquire the former’s 42 mining claims in the area, subject to a 2% net smelt…
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