Imperial revises Mount Polley reserves
The Mount Polley gold-copper project in central British Columbia, 56 km northeast of Williams Lake, is being readied for a scheduled construction start-up in the spring of 1996.As part of a due-dilige…
News
LABRADOR NEWS ROUNDUP — Cartaway almost blown away
Labrador’s infamous winter weather has dealt a delay to Cartaway Container (VSE).High winds on the wholly owned Cirque property south of Okak Bay, Labrador, forced the company to move its camp to a mo…
LABRADOR NEWS ROUNDUP — Columbia Yukon mobilizes rig
With a drill permit now in hand, Columbia Yukon Resources (ASE) has mobilized a drill rig to its ML 1506 ground in the Alliger Lake area north of Voisey Bay, Labrador.The company plans to test several…
Prime exploring possible extension to 21B zone at Eskay Creek mine
Exploration work at the Eskay Creek property in northwestern British Columbia may have identified a stratigraphic extension of the main 21B ore zone being mined by Prime Resources Group (TSE).The Eska…
Athabaska hopes to revive Ladner Creek
Underground exploration drilling and development is continuing at the Ladner Creek gold project near Hope, B.C.Athabaska Gold Resources (TSE) has committed to spending $1 million on the property by Ju…
Canadian Mint announces new coin
The Royal Canadian Mint has moved to cut coinage costs by changing the one-cent coin from bronze to copper-plated steel or copper-plated zinc.”Changing the metal composition of the one-cent coin to ei…
METAL PRICES — FREE MARKET (November 13, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateNov. 7 Nov. 6Nov. 3 Nov. 2 Nov. 1Copper3015-3020 2995-30002947-29522995-30002945-2950Lead681-683 680-681694-696 710-711 703-7…
Queenstake plans acquisition to expand Latin American holdings
The planned acquisition of a Cayman Island corporation will significantly expand the Latin American holdings of Queenstake Resources (TSE).The company will acquire the shares of Intercontinental Resou…
Britannia options Exall project
An agreement has been signed by Exall Resources (TSE) and Britannia Gold (VSE) for a joint venture on the Santo Tomas copper project in Sinaloa state, Mexico.Under the agreement, Britannia will assume…
Breakwater finds mineralization at El Mochito mine in Honduras
A drill program to expand reserves has encountered zinc-lead-silver mineralization at the El Mochito mine in Honduras.Owner Breakwater Resources (TSE) has been drilling the east limb of a fold, to tes…
Caledonia finds copper showings at Kikerk Lake
Initial prospecting in the Kikerk Lake area, about 550 km north of Yellowknife, N.W.T., has led Caledonia Mining (TSE) to the discovery of surface copper occurrences along a ridge 4 km long by 100 met…
LABRADOR NEWS ROUNDUP — Tapestry readies Seahorse for drilling
Exploration work on the Seahorse Lake property, 150 km southwest of the Voisey Bay discovery in Labrador, is returning encouraging results for Tapestry Ventures (VSE).Follow-up work on a copper-in-soi…