PEOPLE — CALLIOPE METALS (September 09, 1996)
Peter Matheson appointed president; Craig Burton and Peter Lloyd appointed directors.
News
Drilling expands Cerro Casale gold-copper deposit
Deep drilling at the Aldebaran property in northern Chile has expanded the width of the low-grade Cerro Casale gold-copper porphyry deposit.The main porphyry zone was previously estimated by partners …
Spot prices at a glance (September 09, 1996)
Wednesday, September 4, 1996Price (US)Week’s ChangeGold*$385.95- $2.70Silver*$ 5.1…
Nevsun drilling expands potential of Kubi
Drilling carried out on the Kubi prospect in Ghana, 90%-owned by Nevsun Resources (NSU-T), has extended the strike length of known mineralization to 1.8 km and increased the potential for ore-grade mi…
Noranda curtails output of zinc at Brunswick mine
Noranda Mining & Exploration, an affiliate of Noranda, has announced that production at its Brunswick Mining division in New Brunswick will be reduced for the remainder of the year.Seismic activity at…
Kinross and Pentland gain Falconbridge ground
A deal valued at $1.9 million will enable Kinross Gold (K-T) and its affiliate, Pentland Firth Ventures (PFO-T), to take over several gold properties in Ontario and Quebec from Falconbridge (FL-T).The…
Abacus expands Lookout zone at Niblack
Drilling on the Lookout zone at the Niblack project in southeastern Alaska has intersected up to three massive sulphide horizons over a strike length of 900 ft.Abacus Minerals (AMC-V) reports that fou…
Guyana Gold sells stake in Sabi
The battle for the Sabi gold mine appears to be over, with the government of Zimbabwe buying the 55% interest held by Guyana Gold (GUY-T) for $11 million.Under the agreement, the state-owned Zimbabwe …
Rio, UBC establish Colin Spence memorial fund
Rio Algom Exploration has set up a scholarship fund in honor of geologist Colin Spence, who was killed recently in the Philippines.Mr. Spence was part of a team of geologists inspecting a gold mine 20…
Conference scheduled on mining in Chihuahua state
A mining conference hosted by the government of the Mexican state of Chihuahua will be held in the city of the same name.Entitled “Chihuahua in the 21st Century,” the conference will be held Oct.2-5 a…
Teck, Mansfield prove up copper play in Argentina
Trenching has enabled partners Teck (TEK-T) and Mansfield Minerals (MDR-V) to prove up their Cerro Samenta copper porphyry property in Argentina.Initial geophysical work on the claim package identifie…
LITERATURE REVIEW SPECIAL — Rhonda, Noranda cut base metals at Epworth property in N.W.T
Partners Rhonda Mining (RDM-A) and Noranda Mining & Exploration (NOR-T) have intersected base metals while drilling on the Epworth property in the Northwest Territories.The 50-50 joint-venture partner…