Gitennes gears up for Peruvian drilling program
Alberta-listed Gitennes Exploration (GIT-A) is set to begin drilling its Virgen gold property in the Huamachuco region of north-central Peru.In preparation for at least 2,000 metres of drilling, the c…
News
Indo Metals-Inco alliance to focus on Indonesia
Junior Indo Metals (IOM-V) will join forces with Inco (N-T) on several of the nickel giant’s polymetallic properties in Indonesia.Under the so-called Maluku strategic alliance, Indo (formerly European…
AFRICA SPECIAL — Eden Roc poised for turnaround at African gold mine
Production problems at the Afema project in Ivory Coast have taken their toll on African gold producer Eden Roc Mineral (EDN-T).The heap-leach project is owned by Somiaf, a company held 68% by operato…
TSE SHORT POSITIONS (February 03, 1997)
Short positions outstanding at January 15, 1997Larger individual positions included: Barrick Gold 11,100,550, down 1,234,333; Agnico-Eagle 385,217, down 120,551; AJ Perron Gold 376,400, up 376,400; As…
Jersey bails out of Ecuadorean projects
Discouraged by exploration results, Jersey Goldfields (JRG-V) has decided to abandon its 53 mineral properties in Ecuador.The annoucement follows the company’s decision to terminate its option agreeme…
THE DIAMOND PAGE — Surveys planned for Camsell Lake
An exploration program budgeted at $1.6 million is about to begin at the Camsell Lake diamond project, 140 miles northeast of Yellowknife, N.W.T.The 277,000-acre project is a joint venture between Win…
Yamana gains ground in Washington state
Yamana Resources (YRI-T) has added some U.S. prospects to its exploration portfolio, which previously consisted only of projects in South American and Indonesia.The three gold and copper properties, w…
AFRICA SPECIAL — Akiko explores Afere-Antubia ground
Exploration is set to begin on the 54-sq.-mile Afere-Antubia gold concession of Akiko Gold Resources (AKI-V) in Ghana’s Bibiani greenstone belt.The land package contains the old, underground Antubia m…
AFRICA SPECIAL — Oliver sets exploration pace in Mali
Legend has it that back in 1433, the emperor of Mali took eight tons of gold with him on his pilgrimage to Mecca. Now a Vancouver junior, Oliver Gold (OGO-V), is trying to locate the source of that of…
AFRICA SPECIAL — NEWS ROUNDUP — Claimstaker eyes Ghana prospect
Management of Claimstaker Resources (CLN-V) is negotiating to acquire a major interest in a property in western Ghana.The junior says the large land package is 20 km along trend from a gold discovery …
Cambior and Guyanor Ressources find gold at French Guianese project
Core drilling by Cambior (CBJ-T) and Guyanor Ressources (GLR.B-T) has confirmed the presence of gold mineralization at the Yaou project in French Guiana.The 30-hole, 4,390-metre program will pave the …
AFRICA SPECIAL — ZCCM launches Cyprus into Africa
Milton Ward, chairman of Cyprus Amax Minerals (CYM-N), views the company’s recent foray into Zambia as the start of a long-term relationship with Zambia Consolidated Copper Mines (ZCCM).The company si…