La Teko winds up season
With this year’s exploration program now complete, La Teko Resources (NASDAQ) has arrived at a resource estimate for its True North property near Fairbanks, Alaska. The proven and probable resource st…
News
EXPLORATION ’94 — Northern diamond play loses some momentum
The Northwest Territories diamond play has had its high and low points during the past two years. One of the lowest was the evaporation, some months ago, of hundreds of millions of dollars in sharehol…
EXPLORATION ’94 — Exploration activity at Ontario mining
Despite the flurry of exploration being conducted by Canadians around the world, many companies continue to search for mines in the major mining camps of Ontario. Most of this activity is centred arou…
EXPLORATION ’94 — Northeastern B.C. attracts exploration
Exploration activity has picked up steam in the region surrounding the Cirque (Stronsay) deposit 280 km north of McKenzie in northeastern British Columbia. Cirque, previously owned by Curragh Inc., ho…
EXPLORATION ’94 — Search on for gold, base metal deposits at
During the previous few years, mining people here have not seen significant exploration activity in the Red Lake area. In 1994, however, several major and a few junior resource companies have again fo…
EXPLORATION ’94 — Lenora preparing feasibility study for
Mining in this part of northern Saskatchewan ceased more than 10 years ago, leaving the town with few people and limited prospects. One thing that did not change was the geology and the potential for …
Dakota seeks legal remedy
Denver-based Dakota Mining (TSE) intends to ensure that another Denver-based company, Atlas (NYSE), is legally bound to honor an agreement concerning the acquisition of shares. The letter of intent co…
Iron Colt partners transport first ore
The first ore from the Iron Colt gold mine project in Rossland, B.C., is on its way to Echo Bay Mine’s Kettle River mill near Republic, Wash. Iron Colt is a 50-50 joint venture between International S…
EXPLORATION ’94 — Exploration spending in the Yukon on the
A positive mood is prevailing among junior mining companies active in the Yukon. Exploration spending increased to more than $30 million this season, economic deals have been signed with First Nations…
Romulus eyes Cinola potential
A newly formed joint venture between Romulus Resources (VSE) and Misty Mountain Gold (TSE) plans to re-examine the economic potential of the Cinola deposit in British Columbia. Previous work on the pr…
EXPLORATION ’94 — Contacts count when exploring Asian mining
Expectations are that Asia will be the next mineral exploration “hot spot.” Huge local markets (the total population is more than 2.5 billion), the potential to supply this market and the opening up t…
EXPLORATION ’94 — Drills turning throughout Ontario’s
Drills can be spotted in just about every corner of the Porcupine camp, but at this stage results are sparse. All eyes are on Finnish giant Outokumpu Mines and its exploration program under way in Mon…