Rift Res. explores in Horn of Africa
The first phase of drilling on several projects in the Horn of Africa has yielded encouraging gold values for Rift Resources (RIF-T).Geochemical sampling and prospecting at the Ketina property in sout…
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EXPLORATION ROUNDUP — Fairbanks region entices juniors
The Chatinika Terrane, just north of Fairbanks, Alaska, is not noted for its gold potential, but exploration by La Teko Resources (LAORF-Q) and Newmont Gold (NGC-N) at the True North gold project is a…
EXPLORATION ROUNDUP — Donlin Creek adds heat to gold play in Alaska
While Placer Dome (PDG-T) continues to downplay it as a mid-stage exploration target, the Donlin Creek gold project continues to generate interest.Situated in southwestern Alaska, the deposit was last…
Barrick drills Jordex property in Bolivia
Two gold properties held by Jordex Resources (JDX-T) in the San Javier area of Bolivia are being drill-tested by joint-venture partner Barrick Gold (ABX-T).Reverse-circulation drilling will test the J…
THE DIAMOND PAGE — Macros recovered from Fort la Corne
The Fort la Corne diamond joint venture in Saskatchewan has unearthed an impressive number of macrodiamonds.A 28.4-tonne kimberlite sample, recovered from 11 small-diameter and two medium-diameter rev…
FACTS’N’FIGURES — Gold demand stays high
Aggregate gold demands in the markets monitored by the Geneva-based World Gold Council reached 655 tons in the third quarter of 1996, just 2% below the record high of 668 tonnes for the corresponding …
Expansion at Sao Bento mine — Eldorado Gold exemplifies Canadian efforts in Brazil
Following its recent merger with exploration affiliate HRC Development, Eldorado Gold (ELD-T) has climbed into fifth spot among landholders in Brazil, behind state-owned Comphania Vale de Rio Doce, RT…
EXPLORATION ROUNDUP — Underground development begins at Bulyanhulu gold project
As diamond drilling continues to explore the huge Bulyanhulu gold deposit in Tanzania, Sutton Resources (STT-V) has started an independent study of underground development.Sutton holds an 85% interese…
EXPLORATION ROUNDUP — Gold potential strong in historically prospective Slovakia
Slovakia, the small Eastern European country whose gold production helped finance the various empires to which it belonged over the centuries, still has much gold to offer. Now, with the Warsaw Pact d…
EXPLORATION ROUNDUP — Redbird Gold sets its sights on Albanian mineral prospects
Junior explorer Redbird Gold (RBD.A-A) has set a date for its shareholders to consider the takeover of two Albanian mining companies. In the meantime, the trading of Redbird’s shares has been halted b…
EXPLORATION ROUNDUP — Barrick Gold to gain half of Ligneris gold project
Toronto-based Barrick Gold (ABX-T) will take over a 50% interest in the Ligneris gold project in northwestern Quebec. The interest is currently held by Placer Dome (PDG-T).Barrick plans to launch a $5…
EXPLORATION ROUNDUP — Australians go head-to-head with Canadian juniors
Australian-based resource companies have watched with envy as their North American counterparts raised millions of dollars to acquire and explore mineral projects in every corner of the globe. Now, so…