Farallon gears up Campo Morado program
Three diamond drill rigs have been mobilized to the Campo Morado project in Guerrero state, Mexico, as part of an $18-million exploration program initiated by Farallon Resources (VSE).The company is w…
News
Adrian Res. drills Panamanian project
Drilling is planned for the Belencillo property in Panama. Madison Enterprises (VSE) is earning a half interest in the project from Adrian Resources (TSE).The program will include 6-8 holes to test po…
COMMENTARY — Metals in the environment
Safe levels of metals in the environment are being recommended with little or no consideration that metals have been there since the beginning.The millions of tons of ash pumped into the atmosphere by…
Toronto CIM branch to discuss SX-EW
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will present a talk by the General Manager, Technical, of Rio Algom on the solvent extraction-electrowinning (SX-EW) pr…
Glamis OKs Imperial development
Construction and development of the Imperial project in Kern Cty., Calif., are expected to start in the second quarter of 1997.Glamis Gold (TSE) has completed a feasibility study on the project, which…
Passagem shines for Lysander
The third hole of a deep drilling program on the Passagem Gold Mine property in Brazil has returned improved gold values for Lysander Resources (VSE).Hole MG-04 intersected 2.07 metres, at a depth of …
THE DIAMOND PAGE — Kennecott proceeds with bulk sample
At the WO claim block in the Lac de Gras region of the Northwest Territories, Kennecott Canada has begun a large-diameter drill program on the land-based DO-18 kimberlite pipe.The claims are held 40% …
Asquith awaits results from Roandji
A $2-million program of exploration is testing the gold potential of the Roandji project in the Central African Republic.The 2,000-sq.-km project is held by Asquith Resources (CDN) but is operated by …
NEWS IN BRIEF (May 20, 1996)
International King Jack Resources (IKJ:VSE) has changed its name to Petromin Resources (PTR:VSE) on a 1-new-for-5-old-share basis.
Toronto Stock Exchange Indices (May 20, 1996)
1996 May 14May 13May 10May 9May 8HighLowComposite”300″5206.595191.075176.815161.175160.815209.873983.34Metals&Minerals5548.925586.615596.945596.545624.605635.253273.56Integrated Mi…
Golden Bear mine will not roar until 1997
A self-imposed deadline to acquire financing by May 10 for a proposed heap-leach operation at the Golden Bear mine in northwestern British Columbia was not met. As a result, North American Metals (VSE…
Golden Star signs deal for Andorinhas
Golden Star Resources (TSE) has signed an agreement with Brazilian mining giant Companhia Vale do Rio Doce (CVRD) for the Andorinhas gold project.Golden Star signed the deal through its wholly owned s…