BHP tests anomalies at Cabre property
Drilling has encountered minor amounts of copper and zinc mineralization on South African Minerals’ (TSE) Cabre property near Matagami, Que.BHP Minerals Canada carried out the 2,429-metre program in o…
News
LABRADOR NEWS ROUNDUP — Drilling continues at Niatak Island
The Newfoundland Department of Natural Resources has granted partners Goldnev Resources (VSE) and Starcore Resources (VSE) permission to drill up to two additional holes on the Niatak Island property….
Continental adds to zinc discovery
Drilling on the Anialik-High Lake project in the Northwest Territories continues to return zinc-copper mineralization for property owner Continental Pacific Resources (VSE).Hole R-11-95 returned a 13….
Ariel flies high in Costa Rica
Vancouver-based Ariel Resources (TSE) intends to become Costa Rica’s largest producer of the yellow metal, at an annual rate of 50,000 oz.The announcement follows the acquisition of Greenstone Resourc…
Nukay gold project holds promise for Teck and Miranda
Although Canadian companies have been aggressively acquiring projects around the globe, it is rare for a foreign private syndicate to approach a Canadian senior in the hope of striking a joint-venture…
High-grade Eskay Creek mine spins gold and silver for Prime Resources
Set in the scenic Iskut River region of northwestern British Columbia, the Eskay Creek mine is so compact as to suggest a development project rather than an actual producer. There is no mill on site, …
Int’l Pursuit chasing Filipino mineralization
Drilling by International Pursuit (TSE) continues to test the Hinoba-an copper project 600 km southeast of Manila, on the Philippine island of Negros.While initial progress has been slow, the principa…
Tandem options two properties
Two prospecting syndicates have optioned properties west and southwest of Voisey Bay, Labrador, to Tandem Resources (ME).The junior can acquire a 90% interest in the properties by completing all neces…
Acquisition boosts Pegasus reserves
Spokane-based Pegasus Gold (AMEX) has boosted its reserves by 49% since March, 1995. The proven and probable figure climbed by 2.6 million oz. to a total of 7.8 million oz.Contributing to the increase…
LABRADOR NEWS ROUNDUP — Columbia Yukon completes sampling
Partners Columbia Yukon Resources (ASE) and Yanks Peak Resources (VSE) have completed the first phase of airborne geophysics and ground sampling over two claim blocks in Labrador.Initial sampling on t…
LABRADOR NEWS ROUNDUP — NDT identifies anomalies
Of the 17 properties held jointly by Aranlee Resources (VSE) and NDT Ventures (VSE) in the Voisey Bay area of Labrador, six have been subjected to airborne geophysics while nine have undergone prospec…
PEOPLE — WEST COAST FOREST
Richard Huff appointed president and chief executive officer.