Feasibility study on track for Loma de Hierro
Gold is not the only commodity of interest to mining companies active in Venezuela. Jordex Resources (TSE) recently announced interim results from a feasibility study on its Loma de Hierro nickel late…
News
THE DIAMOND PAGE — BHP sampling Diamond Field’s Namibian sea
BHP Minerals has begun reconnaissance drilling and sampling on Diamond Fields Resources’ (TSE) 660-sq.-km marine diamond concession near Luderitz, Namibia. The sampling follows a geophysical survey by…
NEWS IN BRIEF (November 07, 1994)
Pentland Firth Holdings (PFO:ASE) has changed its name to Pentland Firth Ventures (PFO:ASE) on a share-for-share basis.
Correction (November 07, 1994)
All of Pangea Goldfields’ (TSE) Tanzanian gold projects are either wholly owned or optioned from local companies. Production from the properties is subject to a 3% net smelter return royalty payable t…
Kidd Creek extension sought
Junior McChip Resources (TSE) intends to explore 37 unpatented claims in northeastern Ontario’s Reid Twp. An independent report states the property is in an area which could potentially host an extens…
GOLD FUNDS (November 07, 1994)
BGR Central Net Value $18.31 $6.74 Price $14.88 $6.875 Premium 2% Discount 18.76% Value $148,595,000 $124,432,688…
Major Gen. hits massive sulphides
The first hole of a drilling program at the Rendell-Jackman project in Newfoundland intersected 38 metres of zinc-lead-copper massive sulphide mineralization. Major General Resources (VSE), owner of t…
Nunaoil discovers Greenland gold
Danish-based Nunaoil A.S. has struck gold on the island of Storo, in the Nuuk region of Greenland. Sampling delineated a gold-mineralized structure in Archean supracrustal rocks. The mineralized zone …
Pangea boosts stake in Musselwhite play
Toronto-listed Pangea Goldfields has opted to convert its option to earn an 80% interest in the Karl Zeemel gold property near Pickle Lake, Ont., into a full 100% interest. The property consists of 15…
Fancamp explores Quebec property
Junior Fancamp Resources (VSE) has acquired a 34-claim copper property at Baie-Johan-Beetz, near Havre-St. Pierre on Quebec’s northern shore. The company is looking for large-tonnage copper mineraliza…
New calendar offered for sale in Territories
Orders are being taken for the Yellowknife Women Geoscientists 1995 Calendar. Proceeds will go to the Walter Gibbins Memorial Fund, which is used to promote earth science education in the Northwest Te…
Nickel production costs falling
Nickel production costs have fallen for three consecutive years and are set to decline further in the period 1995-1997, says British research firm Brook Hunt & Associates. In its publication Nickel In…