News


Channel drilling in West Africa

Junior Channel Resources (VSE) is encouraged by drill results from its extensive land package in Burkina Faso, West Africa. Channel holds four concessions, covering 6,200 sq. km, in the region. These …


Crystallex to pour gold at Albino

The first gold pour is imminent at the Albino 1 concession in Venezuela’s Kilometre 88 district. Crystallex International (VSE) reports that the 400-ton-per-day mill is now fully operational and targe…


Ramrod resumes drilling at Damoti

Toronto-listed Consolidated Ramrod Gold has intersected coarse visible gold within high-grade intervals at the Damoti Lake property near Yellowknife, N.W.T. The discovery follows resumption of a minim…


SAGC funds work in central Chile

Toronto-listed South American Gold & Copper (SAGC) is raising US$4.1 million to expand exploration and development in South America. It is doing so by means of a private placement of 3 million shares …


River Gold advances Eagle River

Junior River Gold Mines (TSE) is hoping to have its Eagle River gold project in northeastern Ontario in production by August, 1995. The company is also planning to spin off its Moss Lake project into …


Metalore drilling in Beardmore area

A drill program is under way at several gold prospects in the Beardmore area of northwestern Ontario, Metalore Resources (TSE) reports. One hole on the Watson Lake prospect and four holes at the easte…


Inco teams up with Chinese nickel producer

Nickel giant Inco (TSE) has entered a joint venture with Jinchuan Non-Ferrous Metals, a major producer of nickel and other ferrous metals in China and a subsidiary of China National Non-Ferrous Metals…


Mill City takes on foreign projects

Joint-venture partners Mill City Gold Mining (VSE) and MacDonald Mines Exploration (CDN) can earn a combined half interest in the Florencia-Jobabo gold concession in Cuba. The vendor, Geo Minera, has …


Still no consensus on Hemlo deposit

After 10 years of production at the Hemlo gold camp, the geological community may be a lot wiser about the deposits. But several key questions have yet to be answered. This was the message delivered a…


Anglo American a world player

The winds of change have had a significant impact on the politics and economics of South Africa, a nation known as much for deep gold mines as for its abundance of varied mineral wealth. Large mining …


Francisco augments Mexican holdings

Vancouver-listed Francisco Gold has added to its portfolio of gold-silver projects in Mexico. The junior has agreed to acquire 50.1% of privately owned Goldeneye Explorations for $2 million. Goldeneye…


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