News

LABRADOR NEWS ROUNDUP — Lucky sampling bodes well

Preliminary sampling at Lucky Break Gold’s (VSE) 95%-owned Hebron Lake properties has returned anomalous values of copper, nickel and cobalt.Field work identified three north-south-trending zones of m…



LABRADOR NEWS ROUNDUP — Drilling will test Konrad

All-North Resources (VSE) can earn up to a half interest in the Konrad property of International CanAlaska Resources (VSE), 35 km west of the Voisey Bay discovery in Labrador.An initial 35% interest c…


Drilling resumes at Niatak Island

A second round of drilling consisting of 15 holes is commencing on the Niatak Island property east of the Voisey Bay discovery in Labrador.Joint-venture partners Goldnev Resources (VSE) and Starcore R…


Redbird Gold flies in a new direction

A new board of directors at Redbird Gold (ASE) plans to reorganize the company to concentrate on gold and base metals exploration.At the annual meeting, shareholders approved a slate of candidates, in…


Lyon Lake to finance Beta Vargas

Costa Rican explorer Lyon Lake Mines (ME) will enter the ranks of junior gold producers after it completes a financing worth US$3 million. The company will use the funds to bring its Beta Vargas prope…


PRODUCER PRICES (October 02, 1995)

ALUMINUM: MW U.S. market US81.5 cents-82.5 cents per lb. (September 15, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.90-4.00 per lb. (Septem…


Quebec prospectors honored at conference

Five awards were handed out at the 21st annual conference of the Quebec Prospectors Association in Val d’Or, Que.The conference was attended by 400 people, with the technical sessions proving particul…




GOLD FUNDS (October 02, 1995)

Gold Funds as of September 21BGRCentralNet Value$17.86$6.64Price$14.63$6.625Discount18.09%0.2%Value$139,602,000$119,907,863…


Bioleaching shows promise for Adex Mining

New metallurgical processes and higher prices for its commodities may improve the economics of the Mt. Pleasant mine in southwestern New Brunswick. The mine produced tungsten, molybdenum and several b…


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