DIAMOND PAGE — Ashton focuses on Roundrock play
Ashton Mining of Canada (ACA-T) will examine new indicator mineral targets on the Roundrock property in the Northwest Territories.Drilling last summer resulted in the discovery of the Aquila diamondif…
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PEOPLE — BEHRE DOLBEAR (CANADA)
Derek Rance appointed president and chief executive officer.
Metal Prices — Daily Metal Prices (June 09, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 3June 2May 30May 29May 2…
Tan Range eyes Wyldsdale prospect
Vancouver-based Tan Range Exploration (TNX-A) plans to purchase the Wyldsdale gold prospect in southern Africa from JCI of South Africa.The prospect occupies a portion of a 100-sq.-km prospecting lice…
St Andrew extends zone
Continued drilling by St Andrew Goldfields (SAS-T) at its Taylor gold mine in the Matheson area of northeastern Ontario is confirming and extending the West Porphyry zone a further 120 metres westward…
Nord launches exploration in Swayze greenstone belt
Though best known for its mineral projects in Australia and Southeast Asia, Nord Pacific (NORPY-Q) plans to spend up to $4.8 million exploring an advanced gold project in Ontario’s Swayze greenstone b…
Serengeti pens Anglo agreement
Serengeti Diamonds (SGD-V) has signed a joint-Venture deal with South African mining giant Anglo American.The agreement will see Anglo bear all costs up to a feasibility study on Serengeti’s Tanzanian…
Ursa Major explores Nirinsk
Junior Ursa Major International (URS-T) has completed a due diligence review of its 60%-owned Nirinsk licence, situated 210 km northeast of Karaganda in central Kazakstan.The 68-sq.-km licence contain…
Rio Narcea expands mineralization in Spain
Rio Narcea Gold Mines (RNG-T) has announced promising results from drilling programs in Spain.Stepout drilling at the gold-silver-copper project known as El Valle is delineating a major extension to t…
Sulliden confirms Peruvian gold potential
Drilling on the Las Huaquillas project in northern Peru has confirmed two areas of gold mineralization, reports Quebec-based Sulliden Exploration (SUE-M).The first phase of work consisted of eight dia…
Kirkland Lake JV shows promise
Partners Queenston Mining (QMI-T) and Franco-Nevada (FN-T) have received encouraging first results from the $2.5-Million, phase-2 drill program on their property near Kirkland Lake, Ont.An additional …
BHP, partner eye Ofi Creek
Edmonton-based Western Pacific Gold (WPI-A) and BHP Minerals have received ministerial approval for their Ofi Creek exploration licence in Papua New Guinea.Through its subsidiary Magma Mines, Western …