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…
News
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…
Watkins to speak at CIM
The “Cyprus Amax Story” will be the topic of an address by David Watkins at the Dec. 8 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Watkins, senior vic…
EXPLORATION ’94 — Electra to buy Aurora mine interest
Junior gold producer Electra Mining (VSE) intends to buy a half interest in the Aurora mine by year-end, thereby becoming sole owner of the Nevada operation. It will do so by buying all the shares of …
High River to acquire Chilean gold project
Toronto-listed High River Gold Mines will earn a 67% direct interest in the Pastos Largos gold project in the Domeyko region of Chile. Under an agreement with a private Ontario company, High River wil…
EXPLORATION ’94 — Quebec exploration activity — Kennecott
An option agreement withVirginia Gold Mines (ME) will allow Kennecott Canada to explore two properties in the Labrador Trough area of northern Quebec. Exploration work is planned or is under way at nu…
EXPLORATION ’94 — Stock markets cool after heady start in
Canadian stock markets, which roared early in the year, displayed renewed vigor during the summer and into autumn before cooling again in late October. The Toronto Stock Exchange set a new milestone O…
EXPLORATION ’94 — Copper values at Cashin
Drilling on the Cashin property in western Colorado is confirming the presence of a large, disseminated copper deposit. Summo Minerals (VSE) can acquire the property by paying an aggregate of US$900,0…
Rea pours first gold at Mt. Hamilton mine
Within five months of acquiring the Mt. Hamilton gold project in eastern Nevada, Rea Gold (TSE) has poured its first gold-silver dore bar. An open-pit, heap-leach operation, Mt. Hamilton was acquired …