Minefinders active at La Bolsa prospect
Reconnaissance sampling at Minefinders’ (VSE) La Bolsa property, in Mexico’s Sonora state, has revealed the presence of altered rocks with quartz stockworks and anomalous gold values ranging up to 0.3…
News
SEG optioning ground in Ghana
Montreal-based SEG Exploration (ME) has opted to earn a 75% interest in the Teleku-Bokazo gold property in Ghana, West Africa. The 20-sq.-mile concession lies on the Ashanti Trend, which hosts the Ash…
Ecudor raises funds for Adanac play
Rouyn-Noranda-based Ecudor Mining (ME) is raising what could amount to $750,000, to be applied to its Adanac property in Quebec’s Rouyn Twp. Between 150 and 750 units will be offered. Each unit, price…
LETTERS TO THE EDITOR — Making paper as good as gold
There may be a bright side to the chronic gold sales by the “central bankrupts” and generous offerings by large central banks in the loan-lease market. Some observers feel that this has helped governm…
Global output of sulphuric acid on the increase
World production of sulphuric acid will rise to 42 million tonnes by 2005, a 49.5% increase from the 1992 level, according to a prediction by Metals Economics Group of Halifax, N.S. Environmental cons…
DIAMOND PAGE — Results from DHK bulk-sample review expected
Results from a review of the DO-27 bulk sample on the DHK group of claims in the Northwest Territories are expected by mid-November. Kennecott sent shock waves through the Territorial diamond play thi…
World Wide defines open-pit reserve
Drill results indicate that the Easter property in Nevada hosts an open-pit reserve of 1.5 million tons averaging 0.069 oz. gold per ton. Three holes drilled by owner World Wide Minerals (TSE), in the…
Spot prices at a glance (October 17, 1994)
Week’s Price (US) Change Gold* $388.20 – $3.95 Silver* $5.51 – $0.09 Platinum* $416.75 – $0.75 Nickel** $2.98 + $0.08 Lead** $0.29 $0.00 Copper $1.13 – $0.01 Zinc $0.47 $0.00 Courtesy of Scotiabank. I…
Metal Prices (October 17, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 Copper 2485-2486 2497.5-2498.5 2451.5-2452.5 2540-2541 2528-2530 Lead 625-626 631-632.5 633-634 627.5-62…
Jonpol works three properties
Junior Jonpol Explorations (TSE) and its partners will explore three properties in Ontario and Quebec. A program of three deep drill holes has been proposed for the Garrison Twp. gold property in nort…
Castle plans drill programs for pair of Mexican properties
Junior Castle Minerals (VSE) is planning a 3,000-metre drill program for its Cerro Agujerado property, and another for its Lajita property. Both projects are in the northwestern Mexican state of Duran…
Assays reported from Hislop-Beatty
Partners Glimmer Resources (VSE) and Hemlo Gold Mines (TSE) have announced new drill results from the Hislop-Beatty property in northeastern Ontario. The best intersections were in holes 94-137 and 94…