Keeping the third quarter of 1997 as its target production date, Namco (NMR-T) has arranged for the design and construction of a marine diamond mining system, to be used at its licence areas off the c…
Production from surface oxide ores is under way at the Mt. Nansen project of BYG Natural Resources (BYG-T).The project, near Carmacks, Y.T., will exploit a series of vein-type gold and silver deposits…
Quarterly production from Great Central Mines (GTCMY-Q) shows that the company is progressing toward its goal of cranking out more than 500,000 oz.gold for the year.During the July-to-September quarte…
Wednesday, November 6, 1996Price (US)Week’s ChangeGold*$377.90- $2.40Silver*$ 4.79…
The latest round of drilling at Omni Resources’ (ORI-V) Skukum Creek deposit, near Whitehorse, Y.T., yielded an 83-ft. intersection grading 0.673 oz. gold and 7.65 oz. silver per ton in the deepest dr…
A drill hole at the newly discovered Lynx zone at the Wolverine project in southeastern Yukon returned a true thickness of 13.8 metres grading 1.82 grams gold and 417 grams silver per tonne, plus 11.0…
Drilling by Santa Cruz Gold (SCG-T) continues to intersect gold mineralization on its two properties in Sinaloa state, Mexico.At the Magistral property, a 15-hole program was carried out on the Samani…
Junior Globex Mining Enterprises (GMX-T) will allow Maude Lake Exploration (MAUD-C) to explore its wholly owned Victoria Gold project in Quebec’s Clericy Twp.Maude can earn a 60% interest in the prope…
Partners Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) report encouraging drill results from the Clone property in northwestern British Columbia.The joint venture completed 49 diamond drill…
Toronto-based MacDonald Mines Exploration (MMP.A-A) has begun diamond drill-testing geophysical anomalies on the Florencia concession in east-central Cuba.The anomalies, concentrated in the southern e…
Canarc Resource (CCM-T) has begun the underground phase of its feasibility program at the Polaris Taku property in northwestern British Columbia.The work will entail drilling some 200 holes in an atte…
Lower prices for lead and zinc concentrate have prompted Asarco (AR-N) to close its Leadville mine in Colorado.The operation will be shut down indefinitely at year-end. The Leadville mill was closed i…
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