Wolverine results add lustre to Westmin
Drill results from the last two holes of the season at the Wolverine discovery in the Yukon are confirming that 1995 was an auspicious year for Westmin Resources (TSE).The massive, sulphide zone exist…
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PEOPLE –GEOMAQUE
Jon Morda appointed vice-president and chief financial officer.
Inco eyes new nickel projects
Bullish about the outlook for the world nickel market, Inco (TSE) will expand current operations and develop new projects at home and abroad.In 1996, the company expects to produce 430 million lb. of …
PEOPLE –GHANA GOLDFIELDS
Ian Brodie and J. Douglas appointed directors.
Royal Oak to explore near Timmins
Under an option agreement with three junior companies, Royal Oak Mines (TSE) will begin drilling a 74-sq.-km land package near Timmins, Ont.Royal Oak will earn a half interest in the properties by spe…
Asarco drops Butte Highlands
Unsatisfactory drill results have prompted copper giant Asarco (NYSE) to drop its option on the Butte Highlands gold property in Montana.The major had an option to acquire a 51% interest in the projec…
METAL COMMENTARY — More inventory declines forecast for new year
Heading into December, in what amounts to a half-month of production, the metals industry continues to operate at reasonably healthy levels.Growth in the short term is expected to be static, and price…
Drilling cuts impressive results for Northern Orion
Northern Orion Explorations (VSE) reports encouraging drill results from a 5,000-metre program at its San Jorge copper-gold porphyry deposit in west-central Argentina.The first seven holes, spaced 92-…
Cominco options Percy base metal properties
Two companies active in north-central Ontario, Avalon Ventures (VSE) and Starcore Resources (VSE), have optioned their adjoining base metal properties to Cominco (TSE).The agreement, which is not yet …
Rio Narcea drills new discovery west of El Valle gold deposit
Two holes drilled by Rio Narcea Gold Mines (TSE) in northern Spain have intersected the yellow metal.The discovery was made west of the deposit known as El Valle, on the Rio Narcea gold belt.Hole Val-…
Production delays for Geomaque
Production delays have forced Geomaque Explorations (TSE) to lower its gold production forecast for the San Francisco mine.The mine, situated in Mexico’s Sonora state, was expected to produce 6,000 oz…
Exploration extends gold zone at Red Lake
Exploratory drilling at the Red Lake mine in northwestern Ontario indicates that the size of the mine’s high-grade gold zone is larger than earlier forecast, says owner Goldcorp (TSE).Three holes sugg…