Nebex steps up efforts in Albania
Seven copper-zinc-gold targets have been identified on one of two Albanian mining concessions recently obtained by Nebex Resources (ASE).President Brian Douglas says two immediate drill targets have b…
News
Mount Polley decision expected before fall
The Mount Polley project in central British Columbia could be producing copper and gold by the end of the first quarter of 1997.At the annual meeting of Imperial Metals (TSE), President Pierre Lebel s…
Newhawk expands exploration focus
With a view towards expanding its search for minerals throughout North America, Newhawk Gold Mines (TSE) has approved a corporate and exploration budget of $1.5 million for the year.The junior is revi…
Grassroots work begins in Labrador
With the recent spate of property deals near Voisey Bay, Labrador, starting to abate, initial reports from preliminary exploration programs are begining to trickle in.Absolut Resources (ASE), which ha…
Drilling expanding reserves at Kabanga nickel project
A drill program at the Kabanga joint venture in Tanzania is expanding reserves.Sutton Resources (VSE) says work on the North zone has outlined 12.4 million tons grading 2% nickel, 0.27% copper and 0.1…
Eskay Creek mine gives Prime Res. scope for growth
With its wholly owned Eskay Creek gold-silver mine in northwestern British Columbia up and running, Prime Resources Group (TSE) is looking to seize opportunities elsewhere in Canada.Towards this end, …
Tulsequah feasibility study is under way
A bankable feasibility for the Tulsequah Chief property in northwestern British Columbia is expected by mid-summer.Redfern Resources (TSE) says permitting work is proceeding and a mine development cer…
Viceroy extending life of Castle Mountain mine
By developing a long-term mining plan, Viceroy Resource (TSE) hopes to add eight years to the life of the Castle Mountain gold mine in southeastern California.The Vancouver-based company owns 75% of t…
PEOPLE — MINCO
Hans Wick appointed to board of directors.
PEOPLE — LOKI GOLD
Ronald Netolitzky elected chairman; Paul Sakton appointed president and chief executive officer; and Rodney Samuels appointed project manager of the Brewery Creek project.
Breakwater back from the brink
With progress being made to address the metallurgical difficulties at the Caribou zinc-lead-silver mine, Breakwater Resources (TSE) is well on the road to recovery, company officials say.”Your company…
Detector, Freewest to option Camking
Two juniors, Freewest Resources (TSE) and Detector Resources (ASE), intend to form a joint venture to explore the Camking gold property near Matachewan, Ont.The project is 1 mile north of two former m…