PEOPLE — LUCKY BREAK GOLD (June 09, 1997)
Alfredo De Lucrezia appointed director.
News
Lyon Lake drills Costa Rican play
Lyon Lake Mines (LLL-M) has wrapped up a 5,000-Metre reverse-circulation drill program on its Beta Vargas gold property, 150 km northwest of San Jose, Costa Rica.The program consisted of two phases. T…
PEOPLE — OPACT (June 09, 1997)
William Armstrong, John Izquierdo and John Hancock appointed directors.
NEVADA — Jerritt Canyon mine to benefit from new gold discoveries
Two discoveries and new production from the Dash open pit have invigorated operations at the 15-year-old Jerritt Canyon gold mine, near Elko.Independence Mining, a subsidiary of Luxembourg-based Minor…
NEVADA — Echo Bay Mines forms strategic alliance with Fairmile — Exploration program to test Buffalo Valley gold property
Based on a recent letter agreement, Echo Bay Mines (ECU-T) will enter into an alliance with Fairmile Gold (FLA-A), a junior company exploring the Buffalo Valley property in Nevada.Fairmile’s property …
Tenke raises funds for Fungurume
Junior Tenke Mining (TNK-T) will borrow US$127 million from Investec Bank of South Africa for the first phase of development work at the Tenke Fungurume copper-Cobalt project in the Democratic Republi…
Pangea, Sundust hit gold zone in Peru
Recent drilling on the Victoria project in Peru has outlined a new zone of significant gold mineralization.The project is a joint venture between Pangea Goldfields (PDG-T) and Sundust Resources (SUN-M…
Toronto Stock Exchange Indices (June 02, 1997)
1997May 27May 26May 23May 22May 21HighLowComposit…
NEVADA — Cortez joint venture reaches commercial production levels
Partners Placer Dome (PDG-N) and Kennecott are producing commercial quantities of gold at the Pipeline deposit in central Nevada.The project is part of the Cortez joint-Venture, which includes three d…
NEVADA — Getchell Gold advances Turquoise Ridge mine project
Getchell Gold (GGO-T) is making steady progress in its development work at the underground Turquoise Ridge gold project, situated on the 50-sq.-Mile Getchell property, 35 miles northeast of Winnemucca…
Meadowbank gold deposit expected to increase
Based on initial results from ongoing diamond drilling, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) are anticipating an increase in resources at their jointly held Meadowbank gold prope…
Placer’s drills hit more Samira gold
Assay results from the Samira deposit in Niger continue to impress, with wide intersections exhibiting significant grades.To date, Placer Dome (PDG-T) has completed 55 diamond drill holes and has prov…