Teck scans study on Red Chris
Having received a prefeasibility study on the Red Chris copper-gold project in northwestern British Columbia, Teck (TSE) has 90 days to decide whether or not to become operator and finance a final stu…
News
Meetings (May 13, 1996)
MEETINGSMay 20, FoxgroveMay 21, CandelaMay 21, EQ Res.May 21, First WesternMay 21, GeomaqueMay 21, HaydenMay 21, Inca PacificMay 21, Inter-Rock GoldMay 21, Redbird GoldMay 21, RegeenaMay 21, SaxonyMay…
ODDS’N’SODS — Waiting for the thaw
In 1911, the local mine in Hollinger (now Timmins), Ont., installed a pump and pumphouse on a nearby river in order to supply the town with water.A steel bridge to carry the pipeline over Fullam Creek…
THE DIAMOND PAGE — Redaurum reports startup at Kelsey Lake mine
The Kelsey Lake diamond mine in Colorado is poised to become North America’s first commercial diamond producer, having recently entered production.Mine owner Redaurum (TSE) expects Kelsey Lake to yiel…
Agnico-Eagle bullish on LaRonde results
The latest drill results from the LaRonde gold-silver-copper mine of Agnico-Eagle Mines (TSE) should soon enable the company to boost its resource estimate, says President Paul Penna.Drilling at the m…
Band-Ore extends mineralization (May 13, 1996)
Six more drill holes at the Thorne property of Band-Ore Resources (CDN) in Thornloe Twp., west of Timmins, Ont., have intersected gold on extensions of the mineralized structure.Most of the follow-up …
Gold projects of Dryden lure investors
Two exploration plays in the Dryden area of northwestern Ontario have brought Champion Bear Resources (ASE) and Continental Caretech (CDN) into the market spotlight over the past two months.Champion B…
GOLD FUNDS (May 13, 1996)
Gold Funds as of May 2, 1996BGRCentralNet Value$25.39$6.70Price$19.65$6.700Discount22.60%0.0%Value$198,484,000$121,265,310…
Quebec coverage is lacking in The Miner
I am an exploration geologist who has lived and worked in Quebec for the past eight years.For the past several months, I have noticed that The Northern Miner’s emphasis is overwhelmingly directed towa…
Lenora downgrades Box and Athona
Greater Lenora Resources (TSE) has downgraded the reserve figures for its Goldfields project on the northern shore of Lake Athabaska in Saskatchewan.Published minable reserves for the project, which i…
Homestake excited by discovery
Exploration near the Hueso gold mine in northern Chile has become Homestake Mining’s (NYSE) “top international priority” following the discovery of a new gold zone in the area.Homestake discovered the…
Drilling aims to expand Wolverine
As part of a $5.6-million exploration program in southeastern Yukon, partners Westmin Resources (TSE) and Atna Resources (TSE) have started a drill program aimed at expanding the Wolverine deposit.Two…