EXPLORATION ’95 — Bathurst camp attracts junior
A junior company is gearing up to test a large property west of the past-producing, base metal-silver-bismuth mine at Nigadoo in the Bathurst camp of New Brunswick. Private company Freegrant Silver vi…
News
Bre-X has million-ounce resource at Busang project
An independent consultant has determined the Central zone of the Busang gold project in East Kalimantan, Indonesia, has a drill-inferred geological resource of 10.3 million tonnes averaging 1.92 grams…
Falconbridge ups Collahuasi interest
Collahuasi partner Shell Petroleum will sell its one-third interest in the copper deposit in Chile to Falconbridge (TSE) and Minorco for about US$19 million. The two partners will each end up holding …
EXPLORATION ’95 — Aurex makes exploration plans for South
Junior copper-gold producer Aurex Resources (TSE) intends to concentrate its exploration efforts this year on the Talcuna district of Chile, as well as on various properties in Peru and Guyana. Aurex …
EXPLORATION ’95 — Exploration: at home or abroad?
How do mining companies decide where to focus their exploration efforts now that a tempting array of geological opportunities has opened up in almost every corner of the globe? All senior companies ar…
EXPLORATION ’95 — Band-Ore adds two projects to Timmins area
Two projects have been added to Band-Ore Resources’ holdings in Sewell and Reeves twps., west of Timmins, Ont. The company can acquire the Ross property in Penhorwood Twp., which consists of two claim…
Saskatchewan gold mine in production — Contact Lake
Saskatchewan’s newest and largest gold mine — and one of only two in the country to operate within a provincial park — entered commercial production last month. The Contact Lake mine, situated 63 km…
EXPLORATION ’95 — Provincial grants used to expand
Mining and exploration companies in British Columbia took advantage of grant incentives offered by the provincial government to expand exploration and mine development in 1994. Information released by…
Newmont pouring more gold in Peru’s Yanacocha district
In the past few years, the Yanacocha district, high in the Andes of northern Peru near the town of Cajamarca, has been the site of a flurry of activity. One of the highlights was last October’s openin…
EXPLORATION ’95 — Hemlo works Soup, Kli claims on west
The search for a large-tonnage, porphyry copper-gold deposit is expected to continue on the Soup and Kli claims in north-central British Columbia. Hemlo Gold Mines (TSE) is earning a 51% interest in t…
Updated study for Adrian’s Petaquilla
Kilborn Engineering Pacific has updated its 1994 prefeasibility study for the Petaquilla and Botija deposits being advanced by Adrian Resources (TSE) in Panama. Recent work on the property has led to …
Production decision looms for Cerro Corona
Since optioning the Cerro Corona project in Peru in early 1994, Barrick Gold (TSE) has drilled more than 200 holes and carried out extensive metallurgical testing, environmental baseline work and infr…