Fischer-Watt terminates drilling program
A drilling program on a gold property in Honduras owned by Minerales de Copan S.A. de C.V. has been discontinued by Fischer-Watt Gold (NASDAQ). Madeleine Mines (TSE) and Milner Consolidated Silver Min…
News
Homestake gold output up 6% in 1992
A total of 1.84 million oz. gold was produced to the account of Homestake Mining (NYSE) in 1992, a modest 6% increase from the previous year. The increase was primarily due to the Homestake mine in So…
Tri Gold signs option deal
An undisclosed party recently signed a US$7.5 million option agreement to explore Trio Gold’s (ASE) wholly owned Rodeo Creek property, 30 miles north of Carlin, Nev. Trio said it will operate and mana…
Gwen to resume Buffonta mining
Gwen Resources (ASE) has commenced dewatering the Kerr open pit on the New Buffonta gold property in Harker-Holloway Twp., near Kirkland Lake, Ont. The project is a 50/50 joint venture with Deak Resou…
Etruscan revives Hackett River
A recent agreement with Cominco (TSE) allows Etruscan Enterprises (VSE) to further explore the Hackett River base metal property, 200 km east of Minnova’s (Metall Mining) Izok Lake base metal deposit …
Cheni drops J&L property
After funding about $4.2 million on exploration and metallurgical work since 1990, Cheni Gold Mines (TSE) has decided to drop its option to acquire a 60% interest in the J&L polymetallic property, nea…
LATIN AMERICA SPECIAL — Venezuela a `hot spot’ for Canadian
Canadian companies are leading the rush to Venezuela’s Kilometre 88 district where Placer Dome (TSE) is exploring a gold deposit which, according to the speculation of mining analysts, has multi-milli…
LATIN AMERICA SPECIAL — Gold potential of Guyana, Suriname
Development of the large Omai gold mining project in Guyana has spurred exploration efforts in neighboring Suriname by one of the Omai partners. Golden Star Resources (TSE) which, with project partner…
LATIN AMERICA SPECIAL — Chile offers mine-friendly
The list of mining companies with advanced projects in Chile is extensive, and featured prominently are Canadian companies ranging from a “who’s who” of senior producers to fledgling juniors. Besides …
LATIN AMERICA SPECIAL — PROJECT ROUNDUP — Cominco Res.
Large-column copper leaching tests are under way in Tucson, Ariz., on 6-inch-diameter core drilling samples from the wholly-owned Mariquita copper project in Mexico, Cominco Resources International (T…
Canmine drilling hits sulphides
A drill hole on Canmine Resources’ (CDN) Fer property, northeast of Flin Flon, Man., has intersected base metal mineralization. The hole was drilled to test a newly delineated gravity anomaly. Hole Fe…
LATIN AMERICA SPECIAL — PROJECT ROUNDUP — Hillsborough
Exploration on the 280-sq.-km property in the historic El Oro gold camp, northwest of Mexico City, is under way by Hillsborough Resources (TSE) and Mexican joint-venture partner Luismin S.A. de C.V. T…