HRC, Eldorado drill Argentina project
A second phase of drilling is under way on the Laguna Verde property in Argentina.Partners HRC Development (VSE) and Eldorado (TSE) will carry out 6,000-8,000ft. of reverse-circulation work, mainly on…
News
Meetings (April 08, 1996)
April 15, All-North — annual, generalApril 15, Bonanza Red Lake — annual, specialApril 15, Campbell — annualApril 15, Eldon — annual, generalApril 15, Morgain Minerals — annual, general, specialA…
Promontorio takes shape under Sierra Nevada
Drill results are enabling Sierra Nevada Gold (VSE) to prove up the Promontorio property in Mexico’s Chihuahua state.The California-based company has completed eight core drill holes, testing previous…
Kennecott options Ophir property
Kennecott will option the Ophir property of Tucson-based Silver Eagle Resources (VSE).Situated in Utah’s Oquirrh mountains, the property contains silver-lead-zinc deposits and covers 1,361 acres of pa…
Tailings cease to flow at Marcopper mine
The tailings leak at Placer Dome’s (TSE) Marcopper mine on Marinduque Island in the Philippines has stopped, and the operators of the mine are preparing to install a temporary seal.Tailings began leak…
Prime moves to boost stake in Snip gold mine
Prime Resources (TSE) has thwarted an attempt by International Skyline Gold (TSE) to acquire Cominco’s (TSE) 60% interest in the Snip gold mine in northwestern British Columbia.Prime, which already ow…
N.W. Ontario Prospectors to proceed with show
The annual Mines and Minerals Symposium for northwestern Ontario will proceed as scheduled, April 16-17 in Thunder Bay, with the assistance of the Northwestern Ontario Prospectors Association (NWOPA)….
United Reef sells rough diamonds
A parcel of rough diamonds recovered from the Bamingui River property has netted gross proceeds of US$316,657, which equates to an average value of US$204.37 per carat.Owner United Reef (TSE) says the…
Tiomin Res. free to develop Cerro Colorado project
PanaCobre, the Panamanian unit of Tiomin Resources (ME), has received final approval from the Panamanian government to develop the Cerro Colorado porphyry copper deposit in western Panama.Tiomin expec…
QEX tests Calumet Island project
Drilling by QEX Resources (ME) has encountered gold-silver-zinc-lead mineralization at the former New Calumet mine, 100 km northwest of Hull, Que.Three vertical holes drilled into the footwall of the …
Juniors begin work program at Grandola property in Portugal
Exploration is under way on the Grandola licence in the Iberian pyrite belt of southern Portugal.Four joint-venture partners — Redfern Resources (TSE), Cumberland Resources (TSE), International Vesto…
Nelson mining gold along historic Silk Road
In former times, this enclave in Central Asia formed part of the famous Silk Road, a trade route that saw silk, jade and other treasures flow from the Orient to the financial capitals of Europe in ret…