Almaden Resources tests Mexican targets
Diamond drill results from the Erika gold prospect in southern Mexico indicate the upper levels of a preserved, low-sulphidation epithermal system.Almaden Resources (AMH-V) recently drilled eight hole…
News
Drilling at Pino Andino disappoints
Recent drill results from the Pino Andino property in central Argentina’s Neuqun province have proved disappointing for Minera Andes (MAI-A).The program, which was designed to evaluate a zone of gold …
Hemlock takes aim at Tres Amigos
Drilling has begun on the Tres Amigos zone of Golden Hemlock Explorations’ (GHE-V) wholly owned San Jose de Gracia project in western Mexico.Infill drilling is testing the continuity of previously ide…
Northern Crown hits Mexican high grade — Work on a prefeasibility study to begin immediately
More high-grade gold and silver have been recorded along the San Miguel-Chiripa zone at Northern Crown Mines’ (NCW-T) Guadalupe de los Reyes project in the western Mexican state of Sinaloa.The San Mig…
BASE METALS — Spectrum Res. explores nickel prospect in Vietnam
Newly listed Spectrum Resources (SPC-V) is continuing to explore and develop nickel targets at the Ta Khoa concession in Vietnam. This year’s program consists of 16 holes drilled over approximately 2,…
Stepout drilling starts at Diablillos
In the northwestern Argentine province of Salta, a 10,000-Metre stepout drill program has begun on the Diablillos gold-silver property of Pacific Rim Mining (PFG-V).The work, which is being supervised…
STOCK MARKETS — Western investors cool to foreign-oriented juniors — Reward and Taseko among few that manage to buck downward trend
Western markets lost ground again over the report period ended June 17. The Vancouver Stock Exchange dropped 42.73 points to 918.59, whereas Alberta was off 62.58 points at 2,388.22.Gold Canyon Resour…
Manhattan pulls high grade in Mexico
Manhattan Minerals (MAN-T) has received further encouraging results from its diamond drill program on the Candamena gold-silver property in the northern Mexican state of Chihuahua.A total of 10,313 me…
BASE METALS — Fairfield options Yukon properties
A staking program by Fairfield Minerals (FFD-T) has resulted in the acquisition of two properties comprising 130 claims in the Wolf Lake and Teslin areas of the southern Yukon.The land package is with…
LME WAREHOUSE LEVELS (June 16, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 9/97 (change from previous week in brackets):Aluminium718,075(-16,525)Copper128,125(-4,375)Lead117,550(-275)Nickel51,86…
PEOPLE — RIO ALGOM (June 16, 1997)
Patrick James appointed president and chief executive officer.
PEOPLE — PINCOCK, ALLEN & HOLT (June 16, 1997)
Marshall Koval appointed president.