Gossan to drill Kiskitto targets
Seeking to expland its inventory of titanium mineralization, Gossan Resources (VSE) has started ground magnetic surveys and winter road construction at its Kiskitto Lake property in northern Manitoba,…
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RTZ and CRA to proceed with merger
Shareholders of both RTZ (NYSE) and Australian-based mining giant CRA have voted in favor of merging the two companies under a unique arrangement whereby each will continue to trade separately.Both co…
Sierra Nevada drills Promontorio property
Drilling is under way on the Promontorio property in Mexico’s Chihuahua state.Sierra Nevada Gold (VSE) has thus far drilled two holes on the Mina Vieja zone.Hole P95-01 returned 140 ft. of 0.46% coppe…
Panamanian government studies Tiomin’s Cerro Colorado contract
The Panamanian cabinet is expected to ratify the contract under which Tiomin Resources (TSE) will acquire development rights to the Cerro Colorado copper deposit in western Panama.Tiomin is considerin…
Anglo Minerals options the Indin Lake gold property
A joint-venture agreement with Globaltex Industries (VSE) gives Anglo Minerals (ASE) the right to earn a half interest in the Indin Lake gold property, 130 air miles northwest of Yellowknife, N.W.T.To…
Pursuit continues to drill Hinoba-an
Drilling by International Pursuit (TSE) on its Hinoba-an copper project in the Philippines continues to expand the dimensions of the A1 anomaly and Don Jose deposit.Results from six additional holes d…
West African extends program
Trenching results suggest the Anwia anomaly on the Teleku-Bokazo property in western Ghana has widespread gold mineralization.West Africa Mining Exploration (CDN) reports that two trenches, dug on the…
Japanese to buy stake in Collahuasi
A Japanese consortium will buy a 12% equity interest in the Collahuasi copper project from joint owners Falconbridge (TSE) and Luxembourg-based Minorco.The consortium, which includes Mitsui & Co., Nip…
Daren looks toward industrial minerals
The acquisition of three properties will see Daren Resources (VSE) shift its focus to industrial minerals.Daren will acquire the properties for costs incurred, with vendor Crystal Capital retaining a …
Cumberland, Comaplex calculate inventory for Meadowbank
The original resource estimate for the Meadowbank project in the Northwest Territories has tripled to greater than 800,000 oz. gold.The project is operated by Cumberland Resources (TSE), which has a 6…
Silver showing found in Atikokan area
Privately owned Atikokan Resources has reported high silver grades from a surface showing 32 km northeast of Atikokan, Ont.Geologist Raymond Bernatchez says the showing has been traced along a 500-met…
Government surveys set for Greenland
The Geological Survey of Denmark and Greenland has revealed the locations of helicopter-borne magnetic and electromagnetic surveys to be performed in 1996.The surveys will be flown in mid-year in area…