News


LABRADOR NEWS ROUNDUP — Absolut cuts sulphides

Diamond drilling on Labrador properties held by Absolut Resources (ASE) began on Sept. 20. The first five drill holes, advanced on Block I, about 70 km north of the Voisey Bay discovery, have intersec…


GREATEST VALUE TRADED, OCT. 4-10

Exchg. Value($000s)HighLowCloseChange Inco Ltd T100059 $43 3/441 3/843-5/8Barrick Gold T55552 $34 3/433 5/834 3/4+3/4Placer Dome T44023 $33 7/833 33 3/4+1/4Falconbridge T…


Leach tests help characterize Old Nick

Metallurgical tests indicate the Old Nick nickel deposit near Bridesville in southern British Columbia may be leachable.Situated near Bridesville, the deposit forms part of the Rock Creek Gold Trend j…


Nevsun to drill-test anomalies at Kubi

A second phase of drilling will start on the Kubi concession, which is adjacent to, and on strike with, the Ashanti gold mine in central Ghana.Nevsun Resources (VSE), which holds a 90% interest, will …



Index (October 16, 1995)

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Rayrock reports progress at Bellavista and Ivan

With resources almost doubling at its Bellavista gold project in Costa Rica, Minera Rayrock (TSE) is poised for a strong final quarter.Drilling at Bellavista has increased the mineral resource to 37.4…


Drilling boosts Rio Narcea’s reserves

Drilling has enabled Rio Narcea Gold Mines (TSE) to boost geological reserves on its properties in northwestern Spain to 1.8 million oz., an increase of 10% over the figures announced last February.At…


Bre-X drills zones while waiting for update

An updated resource calculation is expected shortly for the Central zone at the Busang gold project in East Kalimantan. In the meantime, operator Bre-X Minerals (ASE) continues to drill two other zone…


Index (October 09, 1995)

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Rupert to re-enter Copper Chase

Drilling on the Copper Chase property in northern Quebec is expected to resume next spring.In the meantime, Rupert Resources (VSE), which is earning a 75% interest from Glencairn Explorations (ASE), w…


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