Tyranex seeks gold in Montana
Toronto-based Tyranex Gold (TXGI-C) intends to raise $10 million so that it can buy the Mineral Hill gold mine in Montana from TVX Gold (TVX-T).The deposit contains a drill-indicated minable reserve o…
News
METAL PRICES — Daily Metal Prices (March 23, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 17Mar. 16Mar. 13Mar. 12Mar…
DIAMOND PAGE — De Beers samples TNK property
Initial sample testing by the Botswanan prospecting arm of De Beers Consolidated Mines (DBRS-Q) has turned up macrodiamonds in three of four kimberlite pipes discovered in 1997 by TNK Resources (TNKR-…
Iamgold, Anglo bring Niamboulama to feasibility
Having completed their due-diligence review, equal partners Iamgold (IMG-T) and Anglo American are proceeding with a feasibility study of the Niamboulama gold deposit on the Yatela concession in weste…
Convention expands despite industry slump — PDAC honors Rebagliati and Keevil at awards ceremony
While the delegates at the 66th annual Prospectors and Developers Association of Canada (PDAC) convention walked with less of a swagger and spoke with less bravado than in 1997, they nonetheless showe…
Antamina gets green light — But Inmet incapable of financing its full 50% interest
Partners Rio Algom (ROM-T) and Inmet Mining (IMN-T) have completed a positive feasibility study of the huge Antamina copper-zinc project in Peru.The fast-tracked study, compiled by Bechtel Internation…
Yorbeau explores in Casa Berardi
Montreal-based junior Yorbeau Resources (YRB.A-T) is poised to begin drilling on one of its three properties in the Casa Berardi area of northern Quebec.The 1,000 to 1,500-metre program in Beschefer T…
Phelps Dodge doubles size of Piedras Verdes deposit
Drilling has enabled Phelps Dodge (PD-N) to boost the copper resource at the Piedras Verdes project in Mexico’s Sonora state.The Phoenix, Ariz.-based producer, which holds a 70% stake in the project, …
CORRECTION (March 23, 1998)
Drilling by Battle Mountain Gold (BMG-N) at the El Cairo property in Mexico’s Durango state returned 613 ft. of 0.016 oz. gold and 640 ft. of 0.021 oz. gold. A story in our March 9-16, 1998 issue cont…
Western Copper, Teck unearth more mineralization at San Nicolas
Western Copper Holdings (WTC-T) and joint-venture partner Teck (TEK-T) have released further drill results from the San Nicolas project in Mexico’s Zacatecas state.Drill hole SAL-40, collared 100 metr…
Second high-grade zone identified at Lejano — Yamana believes deposit occupies margin of a caldera
Yamana Resources (YRI-T) has discovered a second high-grade gossanous zone at the Lejano silver prospect in southern Argentina, significantly expanding the known area of mineralization.Nineteen rock c…
Silver Century aims drills at Quebec properties — Work follows discovery of high-grade copper
Toronto-based Silver Century Explorations (SVC-A) has resumed drilling on two copper properties northeast of Sherbrooke, Que.As part of an agreement to earn a 100% interest in the contiguous Stoke and…