McBean yields encouraging values
Toronto-based junior Queenston Mining (QMI-T) and partner Franco-Nevada Mining (FN-T) are pleased with results from the three latest holes drilled into the “green carbonate” zone at their McBean gold …
News
PEOPLE — ROYAL BAY
Robert Kolt appointed director.
PEOPLE — TENKE
Philip Wright appointed director.
Size of Koktasjal project underestimated — Ursa Major beats Soviets 2-1
The Koktasjal copper-gold project of Ursa Major International (URS-T) in Kazakstan is nearly twice as large as originally estimated by the former Soviet government, reports consulting firm Watts Griff…
MacMillan to sell Mishi project
A summer exploration program will test the open-pit potential of the Mishi gold project in northern Ontario.The program will be carried out by Mishibishu Gold, which recently agreed to buy a 100% inte…
PEOPLE — YGC Res.
Graham Dickson, Robert Mill and Robert Stroshein appointed directors.
Indo Pacific readies to drill in PNG
Indo Pacific Resources (IPF-A) will begin a diamond drill program at three of its gold exploration licences in Papua New Guinea.The 3-To-4-Month program, to begin in August, will test secondary or nea…
Madison outlines Mt. Kare in PNG
Drilling at the Mt. Kare gold property in Papua New Guinea is attempting to determine the geological controls of the mineralization known to exist along the western side of the Main geochemical anomal…
BASE METALS — Fairfield options Yukon properties
A staking program by Fairfield Minerals (FFD-T) has resulted in the acquisition of two properties comprising 130 claims in the Wolf Lake and Teslin areas of the southern Yukon.The land package is with…
Manhattan pulls high grade in Mexico
Manhattan Minerals (MAN-T) has received further encouraging results from its diamond drill program on the Candamena gold-silver property in the northern Mexican state of Chihuahua.A total of 10,313 me…
STOCK MARKETS — Western investors cool to foreign-oriented juniors — Reward and Taseko among few that manage to buck downward trend
Western markets lost ground again over the report period ended June 17. The Vancouver Stock Exchange dropped 42.73 points to 918.59, whereas Alberta was off 62.58 points at 2,388.22.Gold Canyon Resour…
Stepout drilling starts at Diablillos
In the northwestern Argentine province of Salta, a 10,000-Metre stepout drill program has begun on the Diablillos gold-silver property of Pacific Rim Mining (PFG-V).The work, which is being supervised…