Drilling begins at Bralorne
Drilling is under way at the Bralorne property in the Bridge River area of southwestern British Columbia. Bralorne-Pioneer Mines (VSE) is earning a half interest in the property from Avino Mines (VSE)…
News
Republic acquires Mexican gold prospect
A 6,500-acre, gold-silver property in the Madera mining area of northern Mexico has been acquired by Republic Goldfields (VSE). The property is at the northern end of the Dolores Mining camp and is co…
Diesel spill at Windy Craggy
Diesel oil has spilled from a storage tank at the Windy Craggy property in northwestern British Columbia. Property owner Geddes Resources (TSE) was informed of the spill by the environmental protectio…
Governments sell Cameco shares
The two major shareholders of Cameco (TSE) intend to sell 2 million shares in a secondary issue. The governments of Canada and Saskatchewan say the shares will be sold at $25.50 each, on a bought-deal…
Positive feasibility study received for Mt. Nansen
A feasibility report recommends bringing the Mt. Nansen gold-silver property near Whitehorse, Y.T., into production at 50,000 equivalent oz. gold per year. Operating costs are expected to be US$236 pe…
Cusac to reopen Michelle decline
The Michelle High Grade decline at the Table Mountain property of Cusac Industries (TSE) in northern British Columbia will be reopened. The structure was known previously as the Eileen decline; the co…
Munk and Smith join Lac board
Following the recent takeover by American Barrick Resources (TSE), the board of directors of Lac Minerals (TSE) is changing. Peter Munk, chairman and chief operating officer of Barrick, and Robert Smi…
Eden Roc uncovers more soil anomalies
A soil geochemical survey conducted by Eden Roc Minerals (TSE) has uncovered several gold anomalies in a 9-by-12-km area north of the company’s Anuiri mine in Ivory Coast, West Africa. More than 22,00…
Pillar potential encourages Dynacor at Siscoe property
Recovery of gold from a surface pillar at the old Siscoe mine property near Val d’Or, Que., is estimated to be more than 2,000 oz., Mines Dynacor (ME) says. Drilling and channeling this summer in the …
NEWS ROUNDUP — Western Copper ups Thermal interest
Vancouver-based Western Copper Holdings (TSE) has acquired 4.6 million common shares of Thermal Exploration from Queenston Mining (TSE). As a consideration, Western Copper has issued to Queenston 600,…
Canmine intersects base metals at Fer property in Manitoba
Four holes have been drilled by Canmine Resources (ASE) to test the Island zone geophysical anomaly on its Fer base metal property near Flin Flon, Man. The best assay returned 0.009 oz. gold and 0.88 …
NEWS ROUNDUP — Friedland sells Vengold shares
Controversial Vancouver promoter Robert Friedland is severing his ties with Vengold (TSE). Friedland sold 2.8 million shares to several arm’s-length investors, plus 445,000 shares in a private transac…