News

H-L Corp. gains stake in claims near Voisey’s Bay

CDN-listed H-L Corp. has acquired a 20% interest in a group of claim blocks near Voisey’s Bay, Nfld.The claim blocks, which are 95 km northeast of the Voisey’s Bay nickel-copper-cobalt discovery, comb…


Northfield pulls copper-gold in Ecuador

Testing the strike extension of the orebody at the Mercedes mine in Ecuador, Northfield Minerals (TSE) has intersected 37 metres of copper-gold mineralization.Northfield and its Ecuadorean joint-ventu…



Solitario exploration turns up mixed results

Exploration work has enabled Solitario Resources (TSE) to increase the size of its Bongara zinc deposit in northern Peru.The open-pit prospect is estimated to contain 1.9 million tonnes of oxide mater…


Ghana to host mining exhibition

Mining equipment companies from various countries are preparing to head to Ghana to explore opportunities being presented by that country’s resurgent mining industry.The focus of their attention is th…


More work planned for Ileninga Lake

With positive 1995 results in hand, Inco (TSE) is pressing on with exploration of the Ileninga Lake massive sulphide property in the Northwest Territories.Last year, the nickel giant acquired an optio…


Drills turn at Indo-Pacific’s Kavola

Drills are testing epithermal gold mineralization at the Kavola property of Indo-Pacific Resources (ASE) on the island of New Britain, part of Papua New Guinea.Five mineralizaed zones are known to exi…


Sirios hits zinc, gold in Quebec

Drilling on its Escale property in north-central Quebec, Sirios Resources (ME) has discovered both gold and zinc mineralization.Mineralized iron formations with pyrrhotite, arsenopyrite and pyrite wer…


Corriente options Brazilian ground

A joint-venture agreement with Mountain Lake Resources (VSE) gives Corriente Resources (VSE) the right to earn a 51% interest in the 800-hectare Tesoureiro project in Brazil’s Minas Gerais state.The p…


No Headline (March 11, 1996)

Adrian Resources (TSE) estimates that the Petaquilla project in Panama could produce substantial amounts of copper and gold for at least 38 years.Assuming a daily throughput of 12,000 tonnes, the open…


Geomaque expands Mexican holdings

With the San Francisco mine pouring gold in Sonora state, Geomaque Explorations (TSE) has added to its Mexican holdings by optioning a gold-silver property in the Pachuca district of Hidalgo state, 10…


EDITORIAL PAGE — London’s hot bullion market

London has served as a major crossroads of bullion trading for more than three centuries. The oldest member of the market, the Mocatta Group, traces its history back to 1671. The Bank of England, whic…


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