Manitoba announces funding
The government of Manitoba has approved eight new exploration projects, totalling $321,000, through an interim offering of the province’s Mineral Exploration Assistance Program (MEAP)..ZExpenditures f…
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BASE METALS SPECIAL — Alta Gold to develop Copper Flat porphyry
With a porphyry deposit in New Mexico, Alta Gold (ALTA-Q) is branching out from gold mining into base metals.The Copper Flat deposit contains copper-molybdenum mineralization, with significant values …
Joubin receives MDD’s highest award
Legendary Canadian geologist Franc Joubin has received the Duncan R. Derry medal, the highest award given by the mineral deposits division of the Geological Association of Canada.The 86-year-old veter…
Toronto Stock Exchange Indices (June 24, 1996)
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Mill being built at Nugget Pond
A mill is being constructed at the Nugget Pond property at Baie Verte, Nfld.Owner Richmont Mines (RIC-T) expects to reach production in March, thereby boosting its total gold output from Canadian oper…
Aussie dispute over Super Pit settled
An agreement has been reached between Homestake Mining (HM-N) and Gold Mines of Kalgoorlie (GMK) over disputed production shares at Western Australia’s Super Pit.GMK has accepted Homestake’s US$51.4 m…
BASE METALS SPECIAL — USMX search uncovers copper
A gold exploration effort in Mexico has turned up a number of base metal prospects that will be further explored by USMX (USMX-N) or its joint-venture partners.The list includes Las Rastras in Sonora …
Drilling expands East Amphi
Drilling has expanded the resource at the East Amphi gold project near Malartic, Que.Diamond drilling, conducted in 1995 and 1996 by Placer Dome (PDG-T), has increased the geological resource at East …
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Royal Oak buys Nfld. gold property
By acquiring a gold property near its Hope Brook operations in Newfoundland, Royal Oak Mines (RYO-T) has secured a supply of mill feed that will take it into the next century.Royal Oak purchased the C…
DIAMOND PAGE — Argyle producers and CSO go separate ways
Argyle Diamonds will not renew its marketing contract with the Central Selling Organization (CSO) when it expires at the end of the month.Argyle is a joint venture consisting of RTZ-CRA, Ashton Mining…