Placer plays safe at Las Cristinas
Uncertainty over the business climate, combined with the need for additional drilling, has prompted Placer Dome (TSE) to delay development of its Las Cristinas project in eastern Venezuela.The company…
News
Tallman drilling comes up short
Additional drill results from the Tallman prospect in Guyana failed to match the spectacular value encountered previously.Cathedral Gold (TSE), which can earn a 90% interest in the concession, drilled…
South American Gold plans to open Chilean gold mine
In announcing the startup of milling operations at its Pimenton gold mine in Chile, South American Gold & Copper (TSE) has made the transition from junior explorer to producer.Situated northeast of Sa…
Shakwak plans resurrection
A share roll-back, a name change and a financing are expected to breathe new life into Shakwak Exploration. Lack of funds forced the company to delist from the Vancouver Stock Exchange in 1989.Shakwak…
LABRADOR NEWS ROUNDUP — NDT drilling Project #52
Drilling is under way on Project #52, 45 km southwest of Nain, Labrador. NDT Ventures (VSE), which is earning a 51% interest in the property from Primero Industries (VSE), is targeting electromagnetic…
No Headline (November 13, 1995)
Based on a review of drilling results from the Grizzly deposit at the Golden Bear mine property in northwestern British Columbia, Wheaton River Minerals (TSE) estimates that the project hosts proven a…
LABRADOR NEWS ROUNDUP — Drilling starts at South Block
A drilling program will begin shortly on the South Block A and B claim groups in the Voisey Bay area of Labrador.Partners Dragoon Resources (VSE) and Consolidated Brenzac Development (VSE) are earning…
LABRADOR NEWS ROUNDUP — Konrad returns anomalous values
Joint-venture partners International CanAlaska Resources (VSE) and All North Resources (VSE) completed an initial phase of four drill holes at the Konrad property in the Voisey Bay region of Labrador….
Eastmain to drill Timmins projects
A flow-through financing completed by Eastmain Resources (CDN) has netted the company $315,000. The funds will be used for diamond drilling at the Kidd and Akweskwa projects in the Timmins, Ont., area…
Outokumpu goes underground
As part of an advanced exploration project to investigate the Montcalm nickel-copper deposit, Outokumpu Mines will drive a 2.5-km decline to confirm reserves and provide information for a possible pro…
DIAMOND NEWS ROUNDUP — CRA joins diamond hunt in Canada’s North
The Central Selling Organization will be increasing its prices for rough gem diamonds of 2 carats and larger by an average of 5%, with the increase to take effect with the sight beginning Nov. 28, 199…
New zone discovered at Bongara
Perseverance appears to be paying off for Solitario Resources (TSE) at its Bongara zinc project in northern Peru. After nearly a year of exploration and the delineation of an oxide zinc resource, the …