Early payback for Royal Gold in Nevada
Six months ahead of schedule, Royal Gold (NASDAQ) has completed payments enabling it to acquire a 20% interest in the Crescent pit at the South Pipeline deposit in Nevada.The remainder of the deposit …
News
CanQuest testing Cottonbelt polymetallic property in B.C.
Diamond drilling is under way on the Cottonbelt property 60 km northwest of Revelstoke, B.C.CanQuest Resources (VSE) is testing a geophysical anomaly northwest of the old Cottonbelt surface and underg…
Barrick to drill Paula Cecilia project for Jordex
Under a joint-venture agreement in Brazil, Barrick Gold (TSE) has begun drilling 1,000 metres on the Paula Cecilia property of Jordex Resources (TSE).The deal covers nine of Jordex’s gold exploration …
Drilling intensifies at Taurus project
Exploration efforts are gaining speed at the Taurus gold project near Cassiar in north-central British Columbia.Two diamond drills are currently turning, and Cyprus Amax Minerals (NYSE) is about to ad…
Arequipa firms up Peruvian portfolio
A drill program under way at the Ventana property in Peru is attempting to outline a copper porphyry deposit for Arequipa Resources (VSE).The work is being carried out under the direction of Southern …
Black Hawk drilling adds to Hoyle Twp. property resource
Results from four drill holes have expanded the mineralized zone at the Hoyle Twp. property of Black Hawk Mining (TSE).The recent work brings total drilling on the property to 5,278 metres and extends…
EDITORIAL PAGE — Rethinking government exploration incentives
For most investors, mining is a game — and an extremely risky one at that. By far the largest risk is the simple fact that ore deposits are rare and, typically, difficult to find.This element of risk…
CIM awards are presented to cream of the metallurgical crop
Seven awards for outstanding contributions to the Canadian metallurgical industry were announced recently at a dinner in Vancouver, B.C.The Metallurgical Society of the Canadian Institute of Mining, M…
METAL PRICES — FREE MARKET (September 11, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateSept. 5 Sept. 4Sept. 1 August 31August 30Copper2887.5-2888.5N/A2917-29222960-29653000-3005Lead578-578.5N/A577-578 616-617622…
East Africa Gold drills in Nykafuru
Drilling on the Nykafuru property in northwestern Tanzania is confirming the continuity of the Number Two East and the Number Two West Reefs for East Africa Gold (VSE).The East Reef has now been drill…
Companies (September 11, 1995)
AberAbacusAgate BayAlta GoldAmax GoldAnvil RangAnvil ResArequipaArmada GAsarcoAshton MngAtlasAtlas ConsAtnaAudreyAvalon VenBarrick GldBismilahBlack HawkBolivar GdfBomaxBrimstoneCabo Ex…
Sulphide zone extended at Foot claims
Encouraged by drill results from the newly discovered Wolverine zone in south-central Yukon, Westmin Resources (TSE) has added a second rig to the Foot claims and will extend the program until late Oc…