Legislative changes entice foreign investment
Venezuela became one of the world’s major gold producers when stamp milling was introduced late in the last century in the El Callao area, a small portion of an extensive greenstone belt located in Ve…
News
Success of Omai mine bodes well for Cambior
Montreal-based Cambior (TSE) has been the driving force behind getting the Omai gold mine in Guyana on stream. Omai, owned 65% by Cambior, 30% by Denver-based Golden Star Resources (TSE) and 5% by the…
Geochemical prospecting in lateritic terrain
Interest in tropically weathered terrains has grown considerably in the past few years, especially on the part of North American mineral exploration companies. This increasing interest has come about …
Greater Lenora Intersects Gold In Saskatchewan
Junior Greater Lenora Resources (TSE) has intersected several gold occurrences at the Goldfields project in northern Saskatchewan. In the area of the Box mine pit, almost all of the 24 holes drilled h…
Kilometre 88 a teaser for juniors
Several years ago, Venezuela’s Kilometre 88 district was the place to be for junior companies hoping to discover a premier gold deposit. To date, however, new finds of the size and importance of Place…
PEOPLE — SUBLOO INT’L
Richard Zee appointed director and vice-president of finance.
GeoNova explores Quebec plays
Montreal-listed junior GeoNova Explorations is exploring properties in the Lebel-sur-Quevillon and Eastmain areas of Quebec. In the Quevillon area, three properties, known as the Gander, Baptiste Rive…
Historical gold belt — El Callao region attracts interest
While it may not be as heavily promoted as the Kilometre 88 region, Venezuela’s El Callao region, 125 km to the northwest, has attracted its share of exploration companies. This should come as no surp…
DIAMOND SPECIAL — Early history of Point Lake kimberlite
The history of the Point Lake discovery — a diamondiferous kimberlite, by Dia Met Minerals (TSE) and joint-venture partner BHP Minerals in the fall of 1991 — began with the exploration for indicator…
Nebex draws up plans to drill five properties
Alberta-listed Nebex Resources plans to carry out drilling on three gold properties in Yellowknife, N.W.T., and on two gold and base metal properties in New Brunswick. Near Yellowknife, Lac Minerals (…
Hol-Lac drills Carissa gold mine in Wyoming
Results are in hand for three holes drilled by Hol-Lac Gold Mines (CDN) on its Carissa gold mine property in South Pass City, Wyo. Hole 94-1, drilled below the fifth level at the mine to a depth of 66…
Metal Prices (September 26, 1994)
London Metal Exchange Spot closing prices in $US per tonne…