Cons. Ramrod drills Atlanta gold play
As part of an option agreement to earn a 51% interest in the Atlanta gold property, Consolidated Ramrod Gold (TSE) has spent US$1.5 million and drilled 24 underground and surface holes, totalling 5,84…
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Molybdenum’s rise spurs interest in Nevada property
The rise in the price of molybdenum to more than US$15 per lb. from the US$3 level is prompting Eureka Resources (VSE) to re-examine its Mindora property in southwestern Nevada. Following a drop in th…
Busy season for Cambiex
For the first 11 months in 1994, Cambiex Exploration (ME) spent more than $4.4 million exploring most of its 17 properties in Canada, the U.S. and South America. Several of the programs yielded encour…
Daisy could bloom into gold producer
The open-pit proven and probable reserve of the Secret Pass deposit in Nevada is expected to rise to about 18 million tons containing 425,000 oz. gold. The deposit, managed by Inter-Rock Gold (ME) and…
FACTS + FIGURES — Mining along the Iron Range
For more than a century, gigantic blasts designed to shake loose millions of tons of iron ore have rattled the ground across the Iron Range. Along with the weekly blasts have come noise and dust, and …
Restoration plan for Westray site
The Westray coal mine in Nova Scotia will be sealed, its silo removed and the land restored, beginning this spring. In the meantime, the Nova Scotia government will finance a study to see whether a tr…
Labrador play attracts interest
Several junior companies are planning exploration programs on ground acquired or staked near Diamond Fields’ (TSE) Voisey Bay nickel-copper-cobalt discovery in Labrador. ASE-listed Takla Star Resource…
NEWS ROUNDUP — Eden Roc exceeds reserve projection
Having completed a drilling program at its property in Ivory Coast, Eden Roc Mineral (TSE) has surpassed its 1994 gold reserve projection of 1.4 million oz. By the end of 1994, Eden Roc had oxide rese…
NEWS ROUNDUP — New Island plans more drilling
More drilling, beginning in the spring, is planned for the Lucky Smoke gold zone in Newfoundland. New Island Minerals (ASE) of St. John’s wants to test the strike extension of the zone north to the Ke…
NEWS ROUNDUP — Junior Wildcat looks to S.E. Asia
Among the Canadian companies poised to explore for gold in the Malay Archipelago is Pacific Wildcat Resources (VSE). The junior intends to carry out work in southern Sumatra, where a 1,740-sq.-km area…
NEWS ROUNDUP — Rhino completes initial drilling
Junior Rhino Resources (VSE) has finished drilling five holes, totalling 2,000 ft., on the Ned claims near Kamloops, B.C. The program tested what is believed to be an epithermal zone over a distance o…
Fortune Minerals reports more copper-cobalt values
Additional sampling by Fortune Minerals (CDN) on its NICO polymetallic property near Yellowknife, N.W.T., has yielded encouraging results. While staking additional ground, Fortune collected chip sampl…