Patricia extends Lochalsh at depth
Infill drilling by Patricia Gold Mines (PAT-V) at the Island Gold project, northeast of Wawa, Ont., has hit additional gold intersections.The drilling has extended the known depth of mineralization in…
News
LATIN AMERICA — Gen. Minerals to drill Chilean copper prospect
As summer weather returns to central Chile and the snow retreats from the mountains, General Minerals (GNM-T) is preparing to resume exploration of the Escalones copper-gold prospect.Beginning in Nove…
LATIN AMERICA — Teck, Western Copper push ahead in Mexico
Teck (TEK-T) and Western Copper Holdings (WTC-T) continue to advance their El Salvador joint venture in Zacatecas state, Mexico. Recent drilling on the polymetallic property has increased the known ex…
LATIN AMERICA — Eldorado funds mine expansion
Some of the proceeds of a newly arranged US$50-million revolving credit facility will be used by Eldorado Gold (ELD-T) to fund an ongoing expansion and optimization program at the Sao Bento gold mine …
Quebec syndicate drills nickel
The syndicate formed by Azimut Exploration (AZM-M), Vior Mining Exploration (VIO-M) and Virginia Gold Mines (VIA-M) has hit a dyke containing nickel, copper and cobalt in the Lac Volant area north of …
LATIN AMERICA — Reserves boosted at Lomas Bayas
Based on about 30,000 metres of additional drilling, Westmin Resources (WMI-T) has reported an increase in geological reserves and resources for the Lomas Bayas copper project in northern Chile, 110 k…
LATIN AMERICA — BHP Minerals eyes interest in Bolivia’s Iroco project
Juniors Altoro Gold (ATG-V) and Vista Gold (VGZ-T) have signed an option agreement enabling BHP Minerals to earn a 50% interest in their jointly held Iroco gold project in Bolivia.To earn its interest…
Aurogin finds polymetallic breccias
Two breccia pipes containing gold, silver and zinc mineralization have been discovered by Aurogin Resources (AUGX-C) north of Sault Ste. Marie, Ont.According to the junior, its wholly owned Batchawana…
METAL PRICES — Daily Metal Prices (October 27, 1997)
BASE METALS(London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateOct. 21Oct. 20Oct. 17Oct. 16Oc…
Darnley explores on Arctic coast
Newly listed Darnley Bay Resources (DBRL-C) plans to drill-test the Darnley Bay anomaly, on the Arctic coast in the Northwest Territories.The Toronto-based company has completed its initial public off…
Teck hits nickel in Labrador — High grades found south of Voisey’s Bay
Teck (TEK-T) has hit a narrow, yet rich, nickel-copper cobalt intersection on a Labrador property shared equally by Donner Resources (DRZ-V) and Northern Abitibi Mining (NAI-A).The property is roughly…
Cominco drilling expands zone at Red Dog
Exploration drilling at Cominco’s (CLT-T) Red Dog zinc mine in northern Alaska has expanded a partially defined mineralized zone that was discovered in 1996, immediately north of the Aqqaluk deposit.S…