Santa Fe to fund work on Radisson projects
A joint-venture agreement has been formed between the Canadian subsidiary of Santa Fe Pacific Gold (NYSE) and Radisson Mining Resources (ME) concerning three of the latter’s gold properties in northwe…
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BHP Minerals to earn stake in Stellar’s Palawan project
Stellar Gold (VSE) has agreed to allow BHP Minerals to earn up to a 70% interest in the Palawan project in the Philippines.BHP will be responsible for all costs during the prefeasibility stage. On com…
Thickest intersection yet at Eastern Deeps
The thickest massive sulphide intersection yet encountered at the Eastern Deeps area of the Voisey’s Bay nickel-copper-cobalt deposit in Labrador has prompted Diamond Fields Resources (TSE) to project…
Band-Ore to focus on gold properties in Northern Ontario and Quebec
With an additional $408,000 in its coffers, Band-Ore Resources (CDN) plans to explore three properties in northern Ontario and Quebec.The bulk of the funds, raised in a flow-through share financing, w…
Horne, Timmins head list of Hall of Fame inductees
One was born two years before Confederation; another is working in his office this morning. The eight men recently inducted into the Canadian Mining Hall of Fame span the history of Canadian mining an…
METALS COMMENTARY — Metals analyst provides little joy for silver buffs
Silver prices are not expected to improve over the short term, according to metals analyst Richard Hajdukiewicz, vice-president of commodities for J. Aron & Co, the commodities division of the investm…
Americomm Res. gains copper play in Lisbon Valley, Utah
Americomm Resources (OTC) recently acquired a copper prospect in the Lisbon Valley area in southeastern Utah.The property consists of 105 lode claims and two state leases near the Lisbon Valley copper…
Positive feasibility in hand for Mineral Ridge project
With a positive feasibility study in hand, management of Cornucopia Resources (TSE) is aiming to bring its Mineral Ridge gold project into production by the first quarter of 1997.The project is situat…
MK Gold bearish on Asian gold play
A property evaluation has prompted MK Gold (NASDAQ) to write off a portion of its investment in the Jerooy gold project in Kyrghyzstan.The company will record a charge for the quarter ended Dec. 31, 1…
ODDS’N’SODS — Time to Streamline
In December, 1995, the federal Standing Committee on Natural Resources tabled an interim report which examined mining issues and made specific recommendations to government. The committee was chaired …
Barrick buys stake in El Toro
Barrick Gold (TSE) can earn a 60% interest in CDN-listed Oroperu Resources’ El Toro gold project in north-central Peru.Situated in the Huamachuco gold district, the 12,590-hectare project is the junio…
Harold Seigel gets Ewing medal from SEG
The Society of Exploration Geophysicists has awarded its Maurice Ewing Gold Medal to geophysicist Harold Seigel, chairman of geophysical instrument manufacturer Scintrex.Seigel was cited “for his pion…