Canyon and Homestake enter JV in Nevada
Northwestern Nevada is the site of new joint venture agreement between Canyon Resources (NASDAQ) and Homestake Mining (NYSE).The Mountain View gold project, currently held by Canyon, is near the town …
News
Three new gold zones found by Nebex at Walsh Lake
An initial review of drilling by Barrick Gold (TSE) on the 6,200-acre Walsh Lake gold property near Yellowknife indicates that three new gold zones have been identified, says 75% owner Nebex Resources…
Redfern firms up plans for Tulsequah
A positive feasibility study is enabling Redfern Resources (TSE) to formulate mining and milling plans for its Tulsequah Chief property in northwestern British Columbia.Rescan Engineering of Vancouver…
Cominco strikes new zone at Red Dog
Exploration drilling on the Red Dog mine property in Alaska has encountered significant new zinc-lead mineralization.Cominco (TSE) reports that hole 488 intersected 610 ft., from 65 to 675 ft. grading…
LETTERS TO THE EDITOR — Others contributed to Troilus
I wish to bring some facts to your attention regarding the photo accompanying the front-page story on Inmet’s exploration incentive bonus plan for the Troilus discovery (T.N.M., July 3/95).I am a form…
LABRADOR NEWS ROUNDUP — Lakefield Minerals acquires Minipi land
The Minipi Lake area, about 100 km southwest of Goose Bay, has attracted several junior exploration companies seeking anorthosite-hosted base metals.Lakefield Minerals (CDN) recently purchased claims …
French company eyes diamonds
French-based Guyanor Ressources (TSE) will explore a 25-sq.-km property in central French Guiana that contains a known diamond occurrence.Diamonds were discovered in the Inini area in 1978 when Bureau…
Records set at Lac des Isles
The second quarter of 1995 saw Toronto-listed North American Palladium (NAP) set a production record at its Lac des Isles platinum-palladium mine near Thunder Bay, Ont.Output of 206,700 tons surpassed…
Bolivar tests gold targets at concession in Venezuela
Exploratory drilling by Bolivar Goldfields (TSE) is testing the Loma prospect and other targets at the Nena gold project in the Chicanan district of Venezuela.The 2,000-hectare exploitation concession…
Nelson builds gold project in Tajikistan
The Zeravshan mining project in Tajikistan will be ready for commercial gold production by the first quarter of 1996.Operator Nelson Gold (TSE) has a 49% joint-venture interest in Zeravshan, while the…
Sutton intersects high-grade gold at Bulyanhulu project
Extensive drilling on the Bulyanhulu gold project in Tanzania is encountering significant gold mineralization well below previous depths.Sutton Resources (VSE), which acquired the project a year ago, …
Mixed numbers reported from Golden Bear
Infill drilling on the Ursa zone at the Golden Bear mine property in northwestern British Columbia is confirming previous high-grade gold intersections for Wheaton River Minerals (TSE), although stepo…