Airborne work planned at Cross
A crew has arrived at the Cross mine properties in Colorado to begin an airborne geophysical survey, International Larder Minerals (TSE) reports. An additional 45 claims have been acquired west of the…
News
Vengold buying 20% stake in RTZ’s Lihir gold deposit
The stage is set for Venezuelan Goldfields (VSE) to acquire a 19.99% interest in the Lihir Island gold deposit in Papua New Guinea. Widely considered to be the world’s largest undeveloped gold resourc…
Tillicum permits received
Permits are in hand for a bulk sample of the Heino-Money zone at the Tillicum Mountain property near Nakusp, B.C. Bethlehem Resources (TSE) and Goldnev Resources (VSE) signed an agreement earlier this…
PEOPLE — KENNECOTT
Clynton Nauman appointed general manager, Spring Creek Coal Co. N5…
NEWS ROUNDUP — Tri Origin drills Sault property
Toronto-listed Tri Origin Exploration has begun a 2,000-metre program at its gold project 90 km north of Sault Ste. Marie, Ont. Previous trenching and diamond drilling defined a 4-km-long, gold-bearin…
Azco outlines Piedras tonnage
Based on 115 reverse circulation holes drilled in 1992 and 1993, Azco Mining (TSE) estimates its Piedras Verdes deposit near Alamos, Mexico, contains about 87.2 million tonnes grading 0.43% copper. Us…
ODDS’N’SODS — Avalanche! (1)
Avalanches rarely make headlines. Occasionally, they create havoc on the ski-slopes and that’s about the only time we hear of them. But in high-mountain country in winter, they are an ever-present haz…
METAL PRICES — FREE MARKET (August 16, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Aug. 10 Aug. 9 Aug. 6 Aug. 5 Aug. 4 Copper 1936-1937 1957-1958 1968-1969 1958-1959 1954-1955 Lead 392-393 391-392 397-398 404-405 398-39…
LAST BUT NOT LEAST — Dianor plans unit placement
A placement worth $375,000 is expected from Ressources Kimex (ME), which plans to spend most of the proceeds on work at the Granada property in Rouyn and Beauchastel Twps. in northwestern Quebec. Kime…
Equinox assumes Rosebud ownership
Having bought a 51% interest from Lac Minerals (TSE), Equinox Resources (TSE) is now sole owner of Nevada’s Rosebud property. The company paid US$5.5 million for the interest, $3 million of which was …
Cazador optioning Farley Lake project
Under an option agreement, the Keystone joint venture is expected to acquire a 55.2% interest in the Farley Lake gold project near Lynn Lake, Man. (Keystone is a partnership of Cazador Exploration (VS…
Eurus/Crystallex upgrade mill
Partners Eurus Resource (VSE) and Crystallex International (VSE) have installed a ball mill that is expected to triple the capacity of the 100-tonne-per-day mill on the Albino gold concession in Venez…