Gossan drills iron-titanium play
Partners Gossan Resources (VSE) and the Cross Lake First Nations Band have arrived at a resource estimate based on drilling in the eastern portion of the Main Central zone at the Pipestone Lake projec…
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Freewest to drill Verneuil gold play
Another phase of diamond drilling is set to begin on Golden Tag Resources’ (VSE) 44-claim Verneuil Twp. gold prospect in northwestern Quebec. The property, owned 60% by Golden Tag and 40% by Gold Hawk…
Positive assays from Komis play
The first four drill holes have yielded positive assay results in a new program at Waddy Lake Resources’ (TSE) Komis gold deposit in northern Saskatchewan. Significant intersections include 0.36 oz. g…
Southern Peru seeks listing
Peruvian copper producer Southern Peru Copper is going public. The company has filed a registration statement with the Securities and Exchange Commission in Washington, D.C., related to the proposed s…
Granges, Cameco exploration initiative
Toronto-listed Granges can acquire a half interest in a 432-claim gold property within the Goldfields mining district of southwestern Nevada. According to a letter of intent signed with a U.S. subsidi…
William resurrects Santa Juana mine
A feasibility study has given the redevelopment nod to the past-producing Santa Juana mine in Durango, Mexico. The mine, owned by William Resources (ME), hosts 2.8 million tonnes averaging 3.6 grams g…
Peace accord should boost Angolan mining
The end of almost 20 years of fighting in Angola should ignite an economic revival in the African country and enable its fledgling mining industry to take flight. The country’s two warring factions me…
MSV increases revenue, earnings
Revenue and earnings were higher, but third-quarter production of 12,439 oz. gold and 3.12 million lb. copper was off slightly from the same period in 1993, MSV Resources (ME) reports. A higher copper…
Sutton resumes Guyana drilling
Drilling is nearing the halfway point of a 40,000-ft., US$1.5 million exploration program for Sutton Resources (VSE) on its Marudi concession in southern Guyana. The drill program is to confirm the re…
Darnley Bay dispute resolved
A dispute has been resolved concerning prospecting permits issued to Darnley Bay Resources by the Department of Indian Affairs and Northern Development (DIAND). A portion of Darnley Bay’s ground lies …
Non-ferrous metal industry set for major turnaround
A study indicates that times can only get better for the non-ferrous metal industry. Resource Strategies Inc. (RSI) of Pennsylvania, in association with Metals and Minerals Research Services of the Un…
Obituary — Sherwin Kelly
A member of the British Columbia and Yukon Chamber of Mines and the first person to be named a “Fellow of the British Columbia Chamber of Commerce,” Sherwin Kelly died recently. He was 99. A native of…