Queenstake gains ground in Uruguay
An option to acquire an 80% interest in Davinco S.A. gives Queenstake Resources (TSE) exposure to nine properties comprising more than 29,000 hectares in Uruguay. Davinco acquired title to the concess…
News
EXPLORATION ’95 — Diamond find near Hinton boosts Alberta
The honor of yielding the first significant diamond find in Alberta’s history goes to the community of Hinton. On virtually a weekly basis, the partnership of Montello Resources (ASE), Troymin Resourc…
EXPLORATION ’95 — Nugget drilling Hill End project
A drilling program is under way on Hawkins Hill at the Hill End project of Nugget Resources (ASE) in New South Wales, Australia. The junior says an east-west “fence” of holes will crosscut the line of…
EXPLORATION ’95 — Mutual broadens exposure in southwestern
Increased interest in the Manso Nkwanta district of southwestern Ghana has prompted Vancouver-based Mutual Resources (VSE) to form a strategic alliance with Leo Shield Exploration, whereby the parties…
Guyana Gold in proposed JV in Zimbabwe
The government of Zimbabwe has approved a proposed joint venture concerning the Sabi gold mine. Guyana Gold (VSE), along with a private Zimbabwe firm, can acquire a 55% interest in the joint venture f…
EXPLORATION ’95 — Santa Fe seeks to expand reserves
With a 3-pronged approach to exploration, Santa Fe Pacific Gold (NYSE) has become one of North America’s most aggressive exploration-oriented gold mining companies. Its strategy involves exploring aro…
EXPLORATION ’95 — Chile’s gold potential a buried treasure
Chile is best known for its front-ranking copper deposits, but a major exploration initiative by Barrick Gold (TSE) is aimed at placing the South American country on the map as a leading gold producer…
EXPLORATION ’95 — New mining projects growing in size and
Building new mines has never been an inexpensive proposition but today, with costs skyrocketing, it makes one wonder about the return on investment that can be expected from a billion-dollar project. …
EXPLORATION ’95 — Valdez active along Mexico’s Altar gold
In recent months, Valdez Gold (VSE) has been assembling a large land position within the Altar gold trend, a geologic province in Mexico’s Sonora state which is viewed as having similarities to gold-p…
EXPLORATION ’95 — Drilling extends mineralization — Booker
Drilling has extended the stockwork porphyry copper-gold mineralization over 250 metres at the Hearne Hill project in British Columbia to the northeast, beyond the previously defined limits. The depos…
EXPLORATION ’95 — Brazilian Res. seeks gold, diamonds in
As economic reforms take hold, Brazil is becoming the focus of a new Latin American gold rush. Quick to recognize the potential for gold and diamonds in the Amazon basin, Brazilian Resources (CDN) has…
EXPLORATION ’95 — Yamana pursuing opportunities in
Quick to recognize that the 1990s would be a time of major political and economic reform in Argentina, Yamana Resources (TSE) quietly began acquiring mineral properties in four areas throughout the co…