Oliver drilling at Fairview
Diamond drilling has outlined a high-grade gold resource at the Fairview property in the southern Okanangan Valley of British Columbia. The 28-hole program, which totalled 12,707 ft., was carried out …
News
Carson Gold acquires Yunnan Mining
Vancouver-based Carson Gold (VSE) is making its presence known in southern China. The junior acquired 2 million shares of Yunnan Mining, a private company which holds interests in, and exploration and…
NEWS ROUNDUP — Golden Star drops Esperance
The French subsidiary of Golden Star Resources (TSE) has decided not to buy the Esperance gold property in the northwestern part of French Guiana. Guyanor Ressources had an option agreement with curre…
NEWS ROUNDUP — Gold Reserve to increase holdings
Spokane-based Gold Reserve (TSE) plans to acquire the Brisas concession in the Kilometre 88 region of Venezuela. Until now, the company has held a 75% direct and a 16% indirect interest in the propert…
Vengold active in Venezuela
Preliminary drill results from the Bizkaitarra gold concession in Venezuela’s Kilometre 88 region are encouraging for partners Vengold (TSE) and Queenstake Resources (TSE). To date, results from five …
NEWS ROUNDUP — Barrick tops list of gold producers
Million-ounce gold producers in North America numbered four last year, with Barrick Gold (TSE) leading the way. Barrick swallowed Lac Minerals in a corporate takeover last summer, and their combined p…
Gibraltar Mines president speaking at CIM luncheon
The president of Gibraltar Mines, William Myckatyn, will provide an update on his company’s activities at an April 28 luncheon presented by the Canadian Institute of Mining, Metallurgy and Petroleum. …
Aussie gold producer helps Pegasus gold boost reserves
Spokane- based Pegasus Gold (TSE) has boosted its overall reserve base by roughly 14% since the close of 1994. Attributable proven and probable reserves are now estimated to contain 5.3 million oz. go…
Copper smelting industry studied
A study by Behre Dolbear & Company of Denver demonstrates the intensive cost competitiveness occurring in the Western-world copper smelter-refinery industry as the market swings from periods of constr…
Morgain outlines molybdenite zone
Molybdenite has been discovered on the Cuatro Hermanos property in Mexico’s Sonora state. Morgain Minerals (VSE) reports that the steeply dipping zone is 250 ft. long and 80 ft. wide. Assay results fr…
Bralorne gets the green light
The British Columbia government has issued a mine development certificate to joint-venture partners Avino Mines & Resources (VSE) and Bralorne-Pioneer Gold Mines (VSE) for their Bralorne mine project …
Daren options Silver Dome
Junior Daren Resources (VSE) intends to acquire the Silver Dome property in Chelan Cty., Wash. To do so, it will issue 200,000 shares, carry out a feasibility study and issue a further 200,000 shares …