News


NEW HORIZONS — Soil gases as exploration guides

Most of the ore deposits mined in the past, as well as those being mined today, were discovered because they cropped out at the surface. In the U.S., most mineral deposits that crop out at the surface…



Sierra Nevada lands Mexican ground

A recent purchase agreement provides Sierra Nevada Gold (VSE) with control of the Promontorio gold-copper property in Chihuahua, Mexico.The company will pay US$50,000 on final signing, plus US$100,000…


Copperstone arranges financing

Funds generated by the arrangement of two private placements will be used by Copperstone Resources (VSE) to pay a portion of its existing debt and to make the required option payments for the Boleo co…


Royalstar expands ground position near Harp Lake

Royalstar Resources (VSE) has acquired 44,341 acres in the Harp Lake area of Labrador.The eight claim blocks are underlain by nickel, copper and cobalt lake sediment anomalies. Several magnetic anomal…


PRODUCER PRICES (June 12, 1995)

ALUMINUM: MW U.S. market US83.5-84.5 cents per lb. (May 19, 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…


IGR to increase interest in Bibiani

The Ministry of Mines and Energy for the Republic of Ghana has informed International Gold Resources (TSE) that it is prepared to sell its 18% contributory equity interest in the Bibiani gold project….


Canmine starts two programs

Two drill programs, scheduled to continue until October of this year, are under way at projects being explored by Canmine Resources (ASE).A 25,000-ft. program will test the Bay, Point and Island coppe…


Patrician, Serengeti make African splash

Two Vancouver-based juniors are joining forces to create a major African gold and diamond mining company.Serengeti Diamonds (VSE) and Patrician Gold Mines (ASE) will combine to form Serengeti Holdings…


Tri Origin cuts mineralization at Lewis Ponds

Recent drilling by Tri Origin Exploration (TSE) at the Lewis Ponds project in New South Wales, Australia, has led to the discovery of a new sulphide zone.This phase of drilling has focused on an area …


Laminco focuses on California trend

Ongoing exploration at the San Antonio property in eastern Sonora, Mexico, is aimed at testing the bulk-tonnage potential of gold mineralization identified in several new areas.Laminco Resources (TSE)…


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