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 …
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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…
SPOT PRICES (October 27, 1997)
Wednesday, October 21, 1997Price (US)Week’s ChangeGold*$322.70- $2.90Silver*$ 4.97…
Akrokeri begins work on Jeni
Akrokeri-Ashanti Gold Mines (AAGM-C) has begun a trenching program on the Jeni property in Ghana’s Ashanti region.The program, which follows three weeks of site preparation, is designed to investigate…
LATIN AMERICA — Solitario drills prospects
Drilling by Solitario Resources (SLR-T) has intersected narrow intervals of high-grade gold mineralization at the Canada Onda prospect in Argentina.The Denver-based company said high-grade gold was in…
W Pacific tests zone at Ofi Creek
The first hole drilled by Western Pacific Gold (WPI-A) has returned 297 metres grading 0.35% copper and 0.32 gram gold per tonne, including 100 metres of 0.61% copper and 0.59 gram gold, from the Ofi …