MINERAL EXPORATION — Drills hit at Raigorodok
A drill program by Central Asia Goldfields (CGZ-M) has returned a 195-metre interval grading 1.5 grams gold per tonne from the Raigorodok North gold project in Kazakstan.The company says this result, …
News
Manitoba meeting to display NATMAP results
The Manitoba Department of Energy and Mines will hold its annual Mining and Minerals Convention Nov. 20-22, 1997.This year’s convention will present the results of work by the provincial government an…
DIAMOND PAGE — Sonora Diamond sells Klipdam gems
In June and July, Toronto-based Sonora Diamond (SON-T) sold 1,575 carats of diamonds from its Klipdam mine near Kimberley, South Africa, at an average price of US$760 per carat.The diamond sales enabl…
Russia seeks to build lead-zinc processing plant in Siberia
The government of Altai territory, in the Siberian region of Russia, is seeking investors from the West to back a proposed US$1-billion lead-zinc processing plant.The metallurgical plant would process…
PRODUCER AND DEALER PRICES (September 15, 1997)
Aluminium: LME settlements US$1,587.50 per tonne, alloy $1,415 per tonne (Sept. 9/97).Antimony: Composite free market, US$1,850 per tonne (Sept. 8/97).Bismuth: Composite free market US$3.50 per lb. (S…
MINERAL EXPLORATION — Zoning key in pegmatite exploration
As a company that made a habit of concentrating on Precambrian gold deposits and base metal sulphides, Avalon Ventures (AVL-V) is hitting the books to find out more about granitic pegmatites.The compa…
Westmin, Atna identify new zone at Wolverine project
Partners Westmin Resources (WMI-T) and Atna Resources (ATN-T) have drilled into a narrow interval of high-grade massive sulphide mineralization in the Sable area of the Wolverine project in southeaste…
SouthernEra turns up strong grades at Klipspringer — Company purchases more mineral rights in Northern Transvaal
Diamond yields from recent tests at the Klipspringer project in South Africa’s Northern province are vaulting it into the upper echelons in terms of grade.Operator SouthernEra Resources (SUF-T) has re…
Santa Cruz, Newmex to exchange vows
The proposed amalgamation of Santa Cruz Gold (SCG-T) and Newmex Mining (MEX-T) has been given the green light by regulators and shareholders.Santa Cruz shareholders will receive one share of the new c…
GREATEST VALUE TRADED, Sept. 3-9
Value($000s) HighLowCloseChangeBarrick GoldT16590…
PEOPLE — CONT’L COPPER (September 15, 1997)
M. Schorn appointed director.
Drill program expands Lookout zone at Niblack
A $3-million, 38,000-ft. drilling program is drawing to a close at Abacus Minerals’ (AMC-V) Niblack volcanogenic massive sulphide project on Prince of Wales Island in southeastern Alaska.The bulk of t…