KRL cuts gold near Shining Tree
Assay results are reported from two holes drilled under the main showing at KRL Resources’ (VSE) Cooke gold property near Shining Tree, Ont. Hole No. 2 intersected 60.7 ft. grading 0.107 oz. gold per …
News
EXPLORATION ’95 — New type of gold in Canadian Shield
A gold occurrence in metasedimentary rocks at Greywacke Lake in Saskatchewan’s La Ronge district bears many similarities to Tarkwa and other important gold deposits in West Africa. This is the conclus…
EXPLORATION ’95 — Majors eye gold, copper properties of
During the past several months, Peruvian Gold’s (VSE) team of geologists has carried out regional and detailed studies which identified four gold-copper porphyry targets within the company’s wholly ow…
Tan Range farms out Tanzanian gold plays
Junior Tan Range Exploration (ASE) has optioned two of its Tanzanian gold concessions to Chadstone, a company working with Lion Mining Finance of London, England. One of these, the 36-sq.-km Kabahelel…
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…
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. …