McArthur River project shapes up for Cameco
An environmental review panel has recommended that Cameco (CCO-T) be permitted to develop the McArthur River deposit in Saskatchewan.The project, 620 km north of Saskatoon, is the largest, high-grade …
News
Vedron extends its Fuller gold target
A drill program at the Fuller property of Vedron Gold (VDGI-C), just east of Timmins, Ont., has extended the indicated mineralization to the property’s eastern boundary.Twenty-three holes were drilled…
EXPLORATION 1997 — Russian financing a boon to High River
A Russian gold producer whose single largest shareholder is Toronto-based High River Gold (HRG-T) has completed one of the largest foreign financing deals in Russia to date.Buryatzoloto, which is 22.9…
METAL PRICES — FREE MARKET (March 10, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMar. 4Mar. 3Feb. 28Feb. 27Feb. 26…
EXPLORATION 1997 — BMG plans busy year
Armed with a US$35-million exploration war chest for 1997, Battle Mountain Gold (BMG-N) plans to explore early-stage properties in North America and overseas, as well as advanced targets near its exis…
EXPLORATION 1997 — Phelps Dodge expands in Mexico
Partners Phelps Dodge (PD-N) and Corner Bay Minerals (BAY-T) have expanded the land package surrounding their jointly held Cerro Verde copper project in northwestern Mexico.Phelps Dodge negotiated thr…
STOCK MARKETS — Franciso find excites western markets
The Vancouver Stock Exchange resource came to life over the report period ended March 4, rising 132.68 points, or 5.57%, to close at 2,513.88. The composite index closed up 68.36 points, or 5.41%, at …
EXPLORATION 1997 — Caledonia provides resource estimate for Nama
An independent consulting firm has calculated inferred resources for Caledonia Mining’s (CAL-T) cobalt oxide discoveries at the Nama project in Zambia.Based on the results of a widely spaced drill pro…
EXPLORATION 1997 — Easton granted prospecting licence
The government of Angola recently awarded to Easton Minerals (EM-V) a base and precious metals prospecting licence in the Hula district.The licence covers a large, layered anorthosite complex believed…
Dia Met set to drill Finnish targets
Dia Met Minerals (DMM-T) has identified 169 potential kimberlite targets in parts of central and northern Finland.In total, 125 claims were staked in an attempt to cover the targets. Until recently, t…
THE DIAMOND PAGE — Messina puts Lesotho on the diamond map
Long a small-scale diamond-producing country, Lesotho, in Southern Africa, may soon hit the big time.Messina Diamond (MSC-T), a newly listed Toronto-based company, is stepping up work on the Liquobong…
EXPLORATION 1997 — Costa Rican work pays off for Lyon Lake
Sampling by Lyon Lake Mines (LLL-M) at the Canamazo concession on Costa Rica’s Beta Vargas gold property has revealed five areas of gold mineralization.Recent results have enabled Lyon Lake to identif…