Early payback for Royal Gold in Nevada
Six months ahead of schedule, Royal Gold (NASDAQ) has completed payments enabling it to acquire a 20% interest in the Crescent pit at the South Pipeline deposit in Nevada.The remainder of the deposit …
News
CanQuest testing Cottonbelt polymetallic property in B.C.
Diamond drilling is under way on the Cottonbelt property 60 km northwest of Revelstoke, B.C.CanQuest Resources (VSE) is testing a geophysical anomaly northwest of the old Cottonbelt surface and underg…
Black Hawk drilling adds to Hoyle Twp. property resource
Results from four drill holes have expanded the mineralized zone at the Hoyle Twp. property of Black Hawk Mining (TSE).The recent work brings total drilling on the property to 5,278 metres and extends…
STOCK MARKETS — TSE remains quiet as spot gold price slips
Although the Toronto Stock Exchange 300 composite index added a fraction, the TSE had a quiet week, with both mining indexes moving lower.For the four trading days ended Sept. 5, the composite moved u…
Financing (September 11, 1995)
Alpetro Res. — 3,000,000 shs @ 10 per sh.Houston Lake M’g — 2,500,000 shs @ 10 per sh.Madrona M’g — 2,000,000 shs @ 15 per sh.Mart Res. — 1,350,000 shs @ 15 per sh.Miner River Res. — 1,500,000 sh…
ODDS’N’SODS — Drifters
Last night, Dan Boyd, Dr. Howard Lahti and I were swapping exploration stories over quite a few beers. Since I was still chuckling over one of their stories this morning, I decided to write it down an…
Companies (September 11, 1995)
AberAbacusAgate BayAlta GoldAmax GoldAnvil RangAnvil ResArequipaArmada GAsarcoAshton MngAtlasAtlas ConsAtnaAudreyAvalon VenBarrick GldBismilahBlack HawkBolivar GdfBomaxBrimstoneCabo Ex…
Oman looks to privatize its mining industry
As a gesture towards generating more investment in the private sector, the country of Oman plans to privatize its state-run mining concern.Oman Mining began life in 1973 as a partnership between the i…
Feasibility gives Lisbon Valley the passing grade
A feasibility study on the Lisbon Valley property near Monticello, Utah, concludes that the oxide copper project is economic and projects a pre-tax payback of just over two years.Owner Summo Minerals …
William readies Velardena for spring production
Backed by a recent feasibility study and $8 million in its treasury, William Resources (TSE) has begun production development at its wholly owned Velardena silver-gold project in Mexico.The property, …
Arequipa firms up Peruvian portfolio
A drill program under way at the Ventana property in Peru is attempting to outline a copper porphyry deposit for Arequipa Resources (VSE).The work is being carried out under the direction of Southern …
CIM awards are presented to cream of the metallurgical crop
Seven awards for outstanding contributions to the Canadian metallurgical industry were announced recently at a dinner in Vancouver, B.C.The Metallurgical Society of the Canadian Institute of Mining, M…