Avalon finds tantalum at Raleigh Lake
Avalon Ventures (AVL-V) has discovered tantalum mineralization in pegmatite dykes at the Raleigh Lake property, near Ignace in northwestern Ontario.One grab sample yielded a value of 0.22% Ta2O5 plus …
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PEOPLE — Gold Canyon (September 06, 1999)
James Freeman appointed vp communications.
Valerie, TVX form joint venture in Ecuador
Valerie Gold Resources (VLG-V) has inked a deal with TVX Gold (TVX-T) for a 50-50 joint venture in the Santa Barbara gold-copper property in north-central Ecuador.The 10,000-ha property, which consist…
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MINING MARKET & INVESTMENT NEWS — U.S. MARKETS — Miners mixed as metal prices rise
The Dow Jones industrial average came off its high with four consecutive days of losses amid further fears about interest rates. The market was down 454.02 points, or 4%, to close at 10,829.28 for the…
TSE INDICES — Aug. 25 – 31, 1999
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NEWS ROUNDUP — Rift begins African drilling
A 2,000-metre drill program is under way at the Adi Nefas and Doop properties owned by Rift Resources (rif-v) in Eritrea.At Adi Nefas, a volcanogenic massive sulphide deposit, the company is attemptin…
NEWS ROUNDUP — South Malartic acquires past producer
South Malartic Exploration (MSU-M) has picked up a gold silver property 50 km northeast of Trois-Rivires, Que.Past exploration on the 765-ha property uncovered an indicated resource of 400,000 tonnes…
Committee to devise exploration guidelines
The Toronto Stock Exchange (TSE) and three national mining groups will forge guidelines related to exploration reporting and best practices, as recommended in a report released earlier this year by th…
NEW HORIZONS — Goldeneye
It seems more like an episode of The Six Million Dollar Man than real life, but doctors have been working on artificial eyes that could one day restore sight to people with certain types of blindness….
Partners revise plans for Gross Rosebel
Sustained low gold prices have forced Golden Star Resources (GSC-T) and Cambior (CBJ-T) to revise development plans for their Gross Rosebel project in Suriname.A scoping study suggests that the open-p…
Rubicon hits sulphides
Rubicon Minerals (RMX-V) has intersected sulphide mineralization at its Palmer base metal project near Haines, Alaska.The discovery was made in a previously unexplored region, about 600 ft.from the Li…