Goldstake grabs Indonesian ground
Shareholders of Goldstake Explorations (TSE) will meet on March 14 to approve share issues to finance the acquisition of three properties in Indonesia.Goldstake has already announced the acquisition o…
News
Kinbauri starts drilling at Dossi
Kinbauri Gold (CDN) has begun reverse-circulation drilling at the Dossi gold concession in Burkina Faso to test a soil-geochemical anomaly 18 km long and 0.5-4 km wide.Kinbauri is earning a 65% intere…
Aranlee to earn interest in eight Argentine properties
Aranlee Resources (VSE) has begun preliminary exploration on eight properties in the northwestern Argentine provinces of Salta and Jujuy.The company is earning a 70% interest in the properties by payi…
Stratabound gets Taylor Brook results
Stratabound Minerals (ASE) continues to receive encouraging results as it drills downdip from known mineralized zones on its Taylor Brook project, southwest of Bathurst, N.B.An intersection of 41.8 me…
Coeur makes bid for Gasgoyne Gold
Coeur d’Alene Mines (NYSE) is proceeding with its takeover of Australian-listed Gasgoyne Gold Mines.In December 1995, Coeur bought a 20% stake in the company, and is now offering seven common shares o…
Band-Ore pulls gold at Thorne (February 26, 1996)
The latest drill hole at Band-Ore Resources’ (CDN) Thorne property, 10 km west of Timmins, Ont., has encountered strong gold mineralization.Hole No. 12 was drilled south of the known mineralization of…
Queenstake plans programs in Peru
Mapping and sampling will be carried out at the Peruvian properties of Queenstake Resources (TSE).The work is intended to define drill targets at the Chupaca and Olleros properties in an effort to def…
Coeur d’Alene to build Alaskan mine
Coeur d’Alene Mines and a consortium of native groups have entered an agreement to construct and operate the Kensington gold mine in southeast Alaska.The three native corporations, Goldbelt, Kake Trib…
Da Capo expands Bolivian holdings
Consistent with its efforts to develop bulk-tonnage gold projects in Bolivia, Da Capo Resources (VSE) has acquired a 49% interest in the San Gerardo property.Teck (TSE) is funding drilling under an ag…
Formation reports drill results
Formation Capital (TSE) reports encouraging results from seven holes drilled in late 1995 at its Sunshine project in east-central Idaho.The holes were drilled in the previously untested Sunshine East …
Nord Pacific finds copper, gold in PNG
Exploration of copper and gold prospects near Papua New Guinea are paying off for Australian-based Nord Pacific (NASDAQ).On Simberi Island, bulldozer trenching at the Sorowar prospect discovered gold-…
Cresson mine to be re-evaluated
The U.S. federal government is calling for a re-evaluation of water quality standards at the Cresson gold mine in east-central Colorado. The Environmental Protection Agency (EPA) has told Colorado sta…