New gold discovery in Chile
Several gold zones were recently discovered by Arauco Resources (VSE) on its wholly owned properties in south Chile. The junior says all 149 samples, taken over two-metre intervals from zones A and B,…
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EXPLORATION ’95 — Producers continue to explore near
At a time when many Canadian companies are searching for mines in such exotic regions as South America, Africa and Asia, it is worth noting that most of these firms are continuing to explore in and ar…
EXPLORATION ’95 — Westmin, Cathedral extend Porcher Island
After failing, by year-end, to reach a decision regarding mine development at the Porcher Island gold property southwest of Prince Rupert, B.C., Westmin Resources (TSE) obtained a 6-month extension fr…
Queen’s MinEX hosting ore deposits workshop
A workshop titled “Giant Ore Deposits II: Controls on the Intensity of Hydrothermal Mineralization Associated with Orogenic Magmatism” is planned for April 25-27 at Queen’s University, Kingston, Ont. …
EXPLORATION ’95 — “Diamond Willow zone” returns significant
With several major exploration companies — the group includes Metall Mining (TSE), Rio Algom (TSE), Inco (TSE) and Noranda (TSE) — jockeying for position at the southeastern end of the Red Lake gree…
EXPLORATION ’95 — Mining companies forge alliances with
A trio of mining executives spent a day in January in the remote Yukon town of Ross River, partaking in a gift exchange and Kaska Indian stick gambling. Ralph Sultan, William McKnight and Robert Grang…
EXPLORATION ’95 — Papua New Guinea primed to reclaim status
In the mid-to-late 1980s, the mineral potential of Papua New Guinea (PNG) captured the imagination of exploration companies in Australia and elsewhere. Indeed, at one point, more than 18% of the count…
EXPLORATION ’95 — Andes no longer grassroots play for
Partners HRC Development (VSE) and Eldorado (TSE) have advanced their Andes gold project In Argentina beyond the grassroots stage. The property, which comprises more than 1,200 square miles near the C…
EXPLORATION ’95 — Economic help on way to Papua New Guinea
The Pacific Rim country of Papua New Guinea is to receive economic help from the World Bank and the International Monetary Fund (IMF), the government announced recently in Port Moresby. In a brief sta…
Eastmain acquires gold property in Timmins area
The Akweskwa gold property, 24 miles southwest of Timmins, Ont., has been acquired by Eastmain Resources (CDN). The property includes nine patented claims optioned from Falconbridge (TSE), 18 claims o…
EXPLORATION ’95 — Diamond issues given cool hand by
With investor sentiment shifting from extreme optimism to extreme disappointment and, finally, to what can only be termed apathy, companies exploring for diamonds have taken a beating during the past …
OBITUARY — Harry Badgley
A 50-year member of the Canadian Institute of Mining, Metallurgy and Petroleum, Harry Badgley died recently in Summerland, B.C. He was 85. He spent his entire working career in the mining industry, st…