Drilling extends two zones at Sleeping Giant
Two holes drilled from the new third level of the Sleeping Giant gold mine have confirmed the continuity of Zones 20 and 30 at depth. The mine, found 80 km north of Amos, Que., is owned equally by Aur…
News
Tri Origin furthers work at Lewis Ponds
The Australian-based subsidiary of Tri Origin Exploration (TSE) has intersected significant mineralization in three of four holes drilled on its Lewis Ponds polymetallic property in New South Wales. H…
METALS COMMENTARY — Demand for metals strengthens
During the first half of March, metal markets shrugged off the downturn in prices that afflicted them in February. Physical demand for all metals was even stronger as processors took advantage of the …
EDITORIAL PAGE — Assessing political risk
Where in the world to invest? Delegates at this year’s convention of the Prospectors and Developers Association of Canada were told that decisions to invest in global mining opportunities should be ba…
LATIN AMERICA SPECIAL — Work enhancing Arauco discovery
Ongoing work by Arauco Resources (VSE) is enhancing the company’s new gold find in southern Chile. Earlier this month, the junior reported encouraging trenching results from the discovery (T.N.M., Mar…
LATIN AMERICA SPECIAL — Venezuela may rebound as regional
Investor interest in juniors exploring in Venezuela has, of late, taken a 180-degree turn for the worse. Gone is the euphoria that surrounded the exploration initiative there a year ago. The cause of …
LATIN AMERICA SPECIAL — Triton breathes new life into Limon
Founded in 1991, Vancouver-based Triton Mining (TSE) is an emerging gold producer in Central America, and also holds several joint-venture exploration projects in South America. Last year in Nicaragua…
Goldbelt to JV Kazgold with Pegasus
Spokane-based Pegasus Gold (TSE) has agreed to a 50-50 joint venture arrangement with Goldbelt Resources (VSE) on the Kazgold tailings project in Kazakhstan. Formerly known as the Leninogorsk project,…
Echo Bay working Mexican project
Exploration work at the Paredones Amarillos gold project in Baja California Sur, Mexico, is proceeding at full speed. As of the end of 1994, Echo Bay Mines (TSE) had spent US$3.3 million on the proper…
Sharpe, Freewest drill at Bend
Two holes drilled at the Bend massive sulphide deposit in Taylor County, Wisc., have yielded encouraging copper and gold values for partners Sharpe Energy & Resources (VSE) and Freewest Resources (TSE…
Fatalities in U.S. fall to new low
Mining fatalities in the U.S. in 1994 fell to a record low of 84, with 44 fatalities in coal mining and 40 deaths in metal/non-metal mining, according to preliminary Mine Safety and Health Administrat…
Bullish report by Rudolf Wolff
Copper prices in 1995 should “exceed the all-time high,” says metals trader Rudolf Wolff & Co. in its Winter Copper Outlook for 1995. The president of Rudolf Wolff in North America, Mo Ahmadzadeh, say…