Tri Origin tests anomalies Down Under
Partners Tri Origin Exploration (TOB-T) and Delta Gold of Australia have identified new gold occurrences and intersections at their equally shared Calarie property in New South Wales.Three holes, 1, 2…
News
Coal prices hit Hillsborough
The first six months of the year proved tough for Hillsborough Resources (HLB-T) in light of poor Asian economies, increased costs and lower coal prices.The company, which owns 63% of the Quinsam coal…
TSE INDICES (August 24, 1998)
Aug 18Aug 17Aug 14Aug 13Aug 12HighLowComposite 30…
Naxos reports contamination
An investigation into assay discrepancies has revealed that samples from Naxos Resources’ (NAXOF-OTC) Franklin Lake property in California were contaminated during the initial assay procedure at a tes…
LME WAREHOUSE LEVELS (August 24, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 17/98 (change from Aug. 10 in brackets):Metal Stocks(tonnes)Change…
NEWS ROUNDUP — JAG sets up advisory board
Junior explorer International Jaguar Equities (JAG-V) has set up an advisory board to advance the Lord River gold project in British Columbia and provide management guidance.Andrew Smith, JAG’s newly …
TVX completes feasibility at Olympias
With gold production up at all its mines and a drop in cash costs, TVX Gold (TVX-T) has managed to turn in a quarterly profit for the second consecutive time.For the second quarter ended June 30, TVX …
NEWS ROUNDUP — Skeena Resources eyes Balkan gold
In anticipation of the passage of a new mining act, Skeena Resources (SKE-V) has acquired a private corporation with four pending exploration permits in Bulgaria.The Vancouver-based junior acquired th…
Redaurum eyes new venture
Shareholders of Redaurum (RRK-T) will meet to consider a business combination with Remick Investments, a subsidiary of Centenary Investments.Remick’s key assets include: $10 million cash from a recent…
Orvana advances Don Mario
Vancouver-based Orvana Minerals (ORV-T) has announced a resource estimate for the Lower Mineralized zone at its Don Mario gold-copper deposit in eastern Bolivia.Employing geostatistical methods based …
DIAMOND PAGE — Gope to be bulk sampled
De Beers Consolidated Mines (DBRS-Q) is about to begin a mini-bulk-sampling program at the Gope diamond prospect in Botswana, held by Toronto-based partner TNK Resources (TNKR-C).The program is focuse…
DIAMOND PAGE — SouthernEra options Yamba Lake
Work program slated to begin after data compilationA preliminary agreement with three junior companies sets the stage for SouthernEra Resources (SUF-T) to acquire a 51% interest in the Yamba Lake diam…