Viceroy reports results from Gualcamay
A first pass of drilling by Viceroy Resource (VOY-T) on the Gualcamayo project in western Argentina has yielded results generally lower in grade than than those previously reported from surface sampli…
News
MINING MARKET & INVESTMENT NEWS – QUERY — Pegasus shareholders unlikely to get new shares
I would like to submit the following information on Pegasus Gold: The annual report, May 1998, indicated that Alleghany Corp. held 3 million shares. In September 1998, my broker contacted the legal co…
Donner keeps faith at South Voisey’s Bay
Junior Donner Minerals (DML-V) is encouraged by results from an ongoing drill program at its South Voisey’s Bay project in Labrador.Since May, Donner has completed 37 holes and deepened five others, r…
Rayrock proposes merger with Glamis
A proposed merger with Glamis Gold (GLG-T) has enabled Rayrock Resources (RAY-T) to fend off a potential liquidation.Rayrock was prepared to meet its destiny on Nov. 20, when shareholders were expecte…
EXPLORATION — Pogo adds fuel to Alaskan exploration boom
Alaska is enjoying an unheralded exploration boom, partly fueled by the discovery of the high-grade Pogo gold deposit, which has captured the imagination of both juniors and seniors alike. Since the b…
EXPLORATION – Oxus to review Amantaytau gold project
London-based Oxus Resources has been invited by the Uzbekistani government to submit a definitive proposal to develop the Amantaytau and Daugyztau gold deposits in Uzbekistan. The deposits lie 400 km …
MINING MARKET & INVESTMENT NEWS – INSIDER TRADING — Agnico-Eagle execs come alive
According to insider trading transactions reported by the Ontario Securities Commission in its OGS Bulletin, eight executives of Agnico-Eagle Mines (AGE-T) purchasing shares in that company in October…
EXPLORATION – Billiton stirs up Buchans camp — Phelps Dodge, Rio Algom also drawn to historic region
Billiton, the world’s fourth-largest nickel producer, has gained access to about 1,000 sq. km in the Buchans area of central Newfoundland following an aggressive round of deal-making with several juni…
EXPLORATION – GeoNova, Inmet revise Chevrier deal
GeoNova Explorations (GNE-M) and Inmet Mining (IMN-T) have reworked a 1995 agreement which provided the former with an option to acquire the latter’s Chevrier gold project near Chibougamau, Que.Under …
EXPLORATION – Buchans River hits VMS zone
Buchans River (BUV-A) has intersected massive sulphides at its Barasway de Cerf property in southern Newfoundland.The best intersection from the 3-hole program returned a weighted average grade of 4.6…
No place like home for Eastmain Resources
The notion that the grass is always greener on the other side of the globe has found little favor with Eastmain Resources (ER-T), a Toronto-based company exploring for gold and base metal deposits in …
First Dynasty finds investor
Twin Star Holdings, part of the Sterlite group, has agreed to make a major investment in First Dynasty Mines (FDM-T), subject to due diligence and necessary approvals.The Sterlite group produces and p…