Antilles to study White Mesa deposit
Spokane-based Antilles Resources (VSE) intends to acquire the White Mesa oxide copper deposit in northern Arizona through the amalgamation of a private British Columbia company, American Coppermine Re…
News
KRL cuts gold near Shining Tree
Assay results are reported from two holes drilled under the main showing at KRL Resources’ (VSE) Cooke gold property near Shining Tree, Ont. Hole No. 2 intersected 60.7 ft. grading 0.107 oz. gold per …
EXPLORATION ’95 — Red Mountain downgraded to exploration
The Red Mountain gold project near Stewart, B.C., is not yet a potential mine, according to Robert Smith, president of Barrick Gold (TSE). The company acquired the project through its 1994 takeover of…
EXPLORATION ’95 — Draft EIS released for Carlota mine
A wholly owned subsidiary of Cambior (TSE), Carlota Copper, reports that the U.S. Forestry Service has released the draft environmental impact statement (EIS) for its Carlota copper mine, along with a…
Abo Res. active on Argentine copper-gold play
Exploration work is under way on the Uspallata copper-gold project in west-central Argentina. Abo Resources (VSE) has a 40% interest in the property, while Bema Gold (TSE) has a 10% interest and Argen…
Northfield unit acquires Colombian properties
A wholly owned Colombian subsidiary of Northfield Minerals (TSE), Barro Blanco, has acquired options on El Diamante and Concordia, two mining concessions in the Andean Mountains of southern Colombia. …
DIAMOND NEWS ROUNDUP — Positive results from Diavik play
Processing of drill core from two large-diameter holes on the A-154 South kimberlite pipe at the Diavik project has returned high diamond weights. The project is situated near Lac de Gras, N.W.T. Kenn…
EXPLORATION ’95 — Producers continue to explore near
At a time when many Canadian companies are searching for mines in such exotic regions as South America, Africa and Asia, it is worth noting that most of these firms are continuing to explore in and ar…
Orvana exploring El Tigre gold play
A first phase of exploration work is planned for El Tigre, a gold property in northeastern Sonora state, Mexico. Orvana Minerals (TSE) has an option to acquire the property from Arendale of Houston. A…
EXPLORATION ’95 — Westmin, Cathedral extend Porcher Island
After failing, by year-end, to reach a decision regarding mine development at the Porcher Island gold property southwest of Prince Rupert, B.C., Westmin Resources (TSE) obtained a 6-month extension fr…
EXPLORATION ’95 — “Diamond Willow zone” returns significant
With several major exploration companies — the group includes Metall Mining (TSE), Rio Algom (TSE), Inco (TSE) and Noranda (TSE) — jockeying for position at the southeastern end of the Red Lake gree…
EXPLORATION ’95 — Mining companies forge alliances with
A trio of mining executives spent a day in January in the remote Yukon town of Ross River, partaking in a gift exchange and Kaska Indian stick gambling. Ralph Sultan, William McKnight and Robert Grang…