Silver Tusk drills Indonesian target
An initial phase of drilling is planned for the Karya Bukit Utama gold-silver property, on the Indonesian island of Sumatra.Consolidated Silver Tusk Mines (CKT-V), which holds rights to an 80% interes…
News
BASE METALS SPECIAL — Tri Origin enters JV with Aussie major
In a move to diversify into base metals, Tri Origin (TOE-T) has formed a joint venture with Savage International Exploration, a unit of Savage Resources of Australia.The parters will explore Central a…
BASE METALS SPECIAL — Voisey’s Bay juniors are down but not out
The rise and fall of Cartaway Resources (CWA-A) after no more than a hint of nickel mineralization was found in core from one of its Labrador properties has definitely dampened the spirits of the scor…
Madsen has funds in place for mill
Proceeds of $5.2 million from four private placements will enable Madsen Gold (MGF-T) to reconstruct the former Dona Lake mill in Red Lake, Ont.Madsen may also issue flow-through shares to generate $1…
BASE METALS SPECIAL — Globex Mining eyes Bateman
Gold targets feature prominently in the list of projects being worked by Globex Mining Enterprises (GMX-T). This year, however, the junior acquired two projects where copper is the primary commodity o…
Holmer study bullish for Loma Hierro
Based on an independent prefeasibility study, the Loma Hierro deposit in western Cuba, is expected to produce 1.5 million oz. silver annually at a cash cost of US$1.85 per oz.The mine, owned by Holmer…
BASE METALS SPECIAL — Tandem to drill nickel-copper prospect
A drill program by Tandem Resources (TDM-M) will investigate a strong conductor at its Labrador Trough nickel-copper prospect, 60 miles northeast of Schefferville, Que.The anomaly is associated with a…
BASE METALS SPECIAL — Juniors are drilling massive sulphide targets near Finlayson Lake
Volcanogenic massive sulphide deposits are being sought in the Finlayson-Wolverine Lake region of southeastern Yukon.This exploration effort was triggered by Cominco’s (CLT-T) 1994 discovery of the Ku…
San Fernando looks to sell La Fortuna
San Fernando Mining (SNF-T) has granted Chester Millar an option on the Fortuna mine in Durango, Mexico.Millar, who is chairman of Glamis Gold, paid the company US$50,000 for the option. He has until …
PEOPLE — NORTH AMERICAN METALS (June 24, 1996)
Derek Price appointed vice-president of finance and chief financial officer; John Kalmet appointed director, president and chief operating officer.
PEOPLE — NORCAN (June 24, 1996)
Janet Waddell appointed secretary-treasurer.
PEOPLE — NAMCO
Howard Beck appointed director.