Metall expanding strike, downdip extent at Akie
Drilling on the Akie claims in northeastern British Columbia is expanding the strike and downdip extent of a recent massive sulphide discovery. Metall Mining (TSE) is earning a 60% interest in the pro…
News
INSIDER TRADING — Pure Gold officer exercises options and
The president of Pure Gold Resources (TSE) exercised options and sold shares in July. According to the Ontario Securities Commission’s OSC Bulletin, Donald Sheldon exercised 115,000 options at 33 cent…
Grouse Creek drilling cuts high-grade gold
Underground drilling by Hecla Mining (NYSE) has intersected several spectacular sections of gold-silver mineralization at the company’s joint-ventured Grouse Creek deposit in Idaho. One of the most im…
Cusac to reopen Michelle decline
The Michelle High Grade decline at the Table Mountain property of Cusac Industries (TSE) in northern British Columbia will be reopened. The structure was known previously as the Eileen decline; the co…
EDITORIAL PAGE — Whitehorse Initiative puts ball in
It is easy for the mining industry to be cynical about government’s willingness to take action to protect its future in Canada. And it is probably easy for environmentalists and labor groups to be cyn…
Heap leaching on west coast Golden Bear gold project on
A mountainous region of steep valleys is an unlikely location for a developing heap leach project. Nevertheless, North American Metals (VSE) is forging ahead with leaching plans here in northwestern B…
Positive feasibility study received for Mt. Nansen
A feasibility report recommends bringing the Mt. Nansen gold-silver property near Whitehorse, Y.T., into production at 50,000 equivalent oz. gold per year. Operating costs are expected to be US$236 pe…
NO HEADLINE (September 19, 1994)
William focuses on projects in Mexico and South Africa Following the acquisition of mining contractor Bharti Laamanen Mining in July and a subsequent reorganization of company management, William Reso…
Canarc drilling in Venezuela
Drilling is under way on the Aurora property in Venezuela. Canarc Resource (VSE) is funding the work under a 50-50 joint-venture agreement with Tombstone Explorations (VSE). Surface exploration over t…
Altai active at Manto Azul
A feasibility study is in progress on the Manto Azul copper project in west-central Peru, Altai Resources (TSE) reports. Acid leach column tests show that 77% of the total copper and 98% of the solubl…
Rio Narcea explores Spanish prospects
Denver-based Rio Narcea Gold (TSE) has acquired its second group of gold exploration properties in northern Spain. The Ibias project, in Asturias province, includes 78 sq. km of investigation permits …
Heat sources studied at deep Homestake mine
A graduate student of the University of Nevada, in Reno, has been trying to help Homestake Mining save on its air-conditioning bill at its deep gold mine in South Dakota. Ian Duckworth, a mining engin…