Cusac Gold drilling returns gold values
Underground drilling on the Michelle Highgrade area at the Table Mountain mine in north-central British Columbia is confirming gold values for Cusac Gold Mines (TSE).The company has completed a declin…
News
Sulphide zone extended at Foot claims
Encouraged by drill results from the newly discovered Wolverine zone in south-central Yukon, Westmin Resources (TSE) has added a second rig to the Foot claims and will extend the program until late Oc…
CIM awards are presented to cream of the metallurgical crop
Seven awards for outstanding contributions to the Canadian metallurgical industry were announced recently at a dinner in Vancouver, B.C.The Metallurgical Society of the Canadian Institute of Mining, M…
Arequipa firms up Peruvian portfolio
A drill program under way at the Ventana property in Peru is attempting to outline a copper porphyry deposit for Arequipa Resources (VSE).The work is being carried out under the direction of Southern …
William readies Velardena for spring production
Backed by a recent feasibility study and $8 million in its treasury, William Resources (TSE) has begun production development at its wholly owned Velardena silver-gold project in Mexico.The property, …
Feasibility gives Lisbon Valley the passing grade
A feasibility study on the Lisbon Valley property near Monticello, Utah, concludes that the oxide copper project is economic and projects a pre-tax payback of just over two years.Owner Summo Minerals …
Oman looks to privatize its mining industry
As a gesture towards generating more investment in the private sector, the country of Oman plans to privatize its state-run mining concern.Oman Mining began life in 1973 as a partnership between the i…
Companies (September 11, 1995)
AberAbacusAgate BayAlta GoldAmax GoldAnvil RangAnvil ResArequipaArmada GAsarcoAshton MngAtlasAtlas ConsAtnaAudreyAvalon VenBarrick GldBismilahBlack HawkBolivar GdfBomaxBrimstoneCabo Ex…
ODDS’N’SODS — Drifters
Last night, Dan Boyd, Dr. Howard Lahti and I were swapping exploration stories over quite a few beers. Since I was still chuckling over one of their stories this morning, I decided to write it down an…
Financing (September 11, 1995)
Alpetro Res. — 3,000,000 shs @ 10 per sh.Houston Lake M’g — 2,500,000 shs @ 10 per sh.Madrona M’g — 2,000,000 shs @ 15 per sh.Mart Res. — 1,350,000 shs @ 15 per sh.Miner River Res. — 1,500,000 sh…
STOCK MARKETS — TSE remains quiet as spot gold price slips
Although the Toronto Stock Exchange 300 composite index added a fraction, the TSE had a quiet week, with both mining indexes moving lower.For the four trading days ended Sept. 5, the composite moved u…
Diamond News Roundup — Lytton and New Indigo define kimberlites at JD/OD claims
At the jointly held JD/OD claim block of Lytton Minerals (TSE) and New Indigo Resources (ASE), delineation drilling continues to define two land-based kimberlite pipes, while an additional large-diame…