News

World Wide expands zone at Easter Project

The latest assay results from World Wide Minerals’ (TSE) Easter Project in Nevada show that continuity and gold grades are significantly better than those encountered during the previous program. In a…


La Fortuna reserve for San Fernando

Following a review of an in-house resource estimate for the Fortuna property in Mexico’s Durango state, consultant Kilborn Engineering has calculated a new drill-indicated resource. The deposit is now…


NO HEADLINE (September 26, 1994)

enver-based USMX (NASDAQ) says its reserve and resource inventory now exceeds 1.1 million oz. gold and 238,000 tons copper. The new estimates, which are based on a US$375-400 per oz. gold and US$1 per…


American Bullion drilling continues at Red Chris

A 60-hole program at the Red Chris porphyry copper-gold project, 10 km east of Iskut, B.C., is half-finished. American Bullion Minerals (VSE) holds an 80% interest while Teck (TSE) retains 20% (half o…


Minefinders acquires Mexican gold play

Minera Minefinders S.A. de C.V., a wholly owned subsidiary of Vancouver-listed Minefinders, has staked a 2,200-hectare gold property in Mexico’s Sonora state. Reconnaissance mapping and sampling on th…


Golden Star is no stranger to the Guiana Shield

An old hand at exploring the Guiana Shield, Golden Star Resources (TSE) established a presence in 1984 when it began looking for gold in Guyana. It is a veteran explorer in this area of South America …



Whitehorse Mining Initiative hailed a success

The signing of the Whitehorse Mining Initiative (WMI) Leadership Accord is a major achievement that will have a significant impact on Canadian mining practices and policies. That is the consensus of t…



Lithium may experience greater price competition

Lithium is in a class of its own. While almost every other metal is selling at substantially less than its 1973 price, lithium is doing the opposite. The 1993 price of lithium carbonate (in constant 1…



Monarch spreads its wings in El Dorado camp

In 1987, a company was listed on the London Stock Exchange in order to carry out gold exploration in Venezuela. Since then, Monarch Resources has invested more than US$80 million in the country and go…


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