News

EXPLORATION ’93 — New copper-production process

Backers of the revolutionary Hydromet copper-production process are planning to build an A$8-million demonstration plant at Port Kembla, Australia. The process reportedly has the potential to extract …



EXPLORATION ’93 — Arequipa eyes Peruvian copper

As Ed Horne said three-quarters of a century ago, “all the good geology does not stop at the Ontario boundary.” Bearing in mind the injunction, Arequipa (VSE) is horning its way into Peru along the ex…


Dundee-Palliser buys MVP shares

Dundee-Palliser Resources (TSE) will buy an 11.7% interest, representing 17.5 million common shares, in MVP Capital (TSE) for 5 cents per share. A 10% convertible note will be issued for $562,500; the…


NEWS ROUNDUP — Cathedral assays Kaburi project

Assays of channel samples from Cathedral Gold’s (VSE) Kaburi-Eldorado project in Guyana have proved interesting. Ten trenches were used to test a 650-metre section of the 1,500-metre-long Hicks shear …



NEWS ROUNDUP — Gossan testing iron-titanium play

Gossan Resources (VSE) has signed an agreement with Cross Lake Mineral Exploration to explore an ilmenite-vanadium-iron property in northern Manitoba. Mineralization in the Pipestone-Cross Lake area o…


Production continues at revitalized Dona Lake

Since operations resumed in August, the Dona Lake mine has produced 5,773 oz. gold. November marks the beginning of full production for the operation, near Pickle Lake, Ont. A monthly rate of 3,000 oz…




Wheaton drilling yields new intercepts

Wheaton River Minerals (TSE) has encountered more gold mineralization at a new zone on the Golden Bear property in northwestern British Columbia. The Kodiak zone, about 2 km north of the Golden Bear m…


Venoro crews at work in Venezuela

A crew of more than 25 is busy exploring two concessions — El Placer and San Raphael — in the Venezuelan gold district of El Dorado. The effort is being managed by Venoro Gold (VSE), which earlier t…


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