Valerie plans Cone drilling
A drilling program is expected to get under way in mid-June on the Cone Hill property southwest of Williams Lake, B.C. Valerie Gold Resources (VSE) plans an initial 10,000 ft. of drilling, including e…
News
Elenita drilling winds down in Chile
Reverse circulation drilling has been completed on the Elenita oxide copper project near Antofagasta, Chile. Princeton Mining (TSE) drilled 3,000 metres, including 23 holes, designed to test a series …
Eden Roc exploration expands reserves
Long before West Africa caught the attention of mineral explorers and investors, Eden Roc Minerals (TSE) began searching for gold in the cocoa plantations and tropical jungles of Ivory Coast. Their se…
Union hecklers disrupt annual meeting of Westmin Resources
The annual meeting of Westmin Resources (TSE), held here recently, was anything but ordinary. Much of President Walter Segsworth’s address was punctuated by long bouts of heckling from various members…
Zappa outlines Enriquez values
Trenching on the Ponce Enriquez project in Ecuador is confirming the presence of widespread, low-grade gold mineralization for owner Zappa Resources (VSE). Soil sampling on the Guadalupe concession ou…
Int’l Platinum unveils new strategy
At a recent press conference in Toronto, International Platinum (TSE) unveiled a new exploration strategy for its prospect in La Paz Cty., Ariz. In recent weeks, two independent surveys — one by the …
LAST BUT NOT LEAST — Cross Lake acquires Timmins area play
Junior Cross Lake Minerals (VSE) has acquired a 79-claim property in Steele Twp., northeast of Timmins, Ont. The property is 22 miles west of the Normetal zinc-copper-silver mine which produced 11.1 m…
EDITORIAL PAGE — A boost for base metals
For the first time in more than a year, copper prices have started approaching the US$1-per-lb. level. At US93 cents, the price is roughly 20% better than last year’s low of US73 cents. Nickel has dis…
THE DIAMOND PAGE — Hendricks hits wide, low-grade
Surface and underground drilling by Hendricks Minerals (CDN) continues to intersect shallow, low-grade mineralization over broad widths at the Cross Lake gold-silver project in Colorado. To date, two …
Mining Games set for Montreal
The fifth annual Canadian Mining Games are scheduled for March, 1995, in Montreal. The events are designed to challenge the students’ knowledge of and skill in a wide range of mining aspects. Past eve…
STOCK MARKETS — Base metals add vigor to Toronto Exchange
Fueled by increases in base metal prices, the Toronto Stock Exchange 300 composite index gained just over 100 points to close at 4,269.15 for the week ended May 17. The mines and metals subgroup, lead…
Orcana teams with Outokumpu
Finnish conglomerate Outokumpu Mines plans to earn a 55% interest in the San Carlos property from Orcana Resources (VSE). The property is situated in Mexico’s Sonora state, and Outokumpu can earn the …