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 …
News
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…
ODDS’N’SODS — The Mexican adventure: properties and partners
The author, who while working in Alaska decided one winter to try his luck in Mexico, continues the story of his prospecting adventure in the mining state of Sonora. Now events entered a most trying s…
STOCK MARKETS — Murgor only bright spot in lacklustre
Players continue to shy away from the ailing Vancouver Stock Exchange. The composite index closed down 4.03 points at 694.76, while the resource index finished up 2.84 points at 1,108.20 for the repor…
Drilling resumes at Voisey Bay
Drilling has resumed at the Voisey Bay project in Labrador, a nickel-copper-discovery described by mining analysts as one of the most significant Canadian base metal discoveries of recent times. The d…
Willson addressing joint luncheon
The president of large gold producer Placer Dome will address the March 8 luncheon meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). John Willson will …
STOCK MARKETS — Budget buzz triggers rally on the TSE
A positive response to the recent federal budget led the Toronto Stock Exchange to post a moderate gain over the 5-day reporting period ended Feb. 28. The composite 300 index jumped 22.96 points to cl…
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,…
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…