EXPLORATION ’95 — Diamond study is optimistic
Brokerage firm Yorkton Securities has released its second review of the world’s diamond industry. (The first was published in 1993 in the midst of the Northwest Territories diamond rush.) The review a…
News
EXPLORATION ’95 — Homestake options Russian project
During the course of a corporate life that spans more than a century, Homestake Mining (NYSE) has transformed itself into one of the world’s largest gold producers by building on the cornerstone of it…
EXPLORATION ’95 — Plata to focus on Argentine gold and zinc
Gold and copper are not the only commodities being pursued in Argentina. Newly listed Plata Mining (ASE) intends to focus on the historic Hualilan gold property in San Juan province. But the junior al…
EXPLORATION ’95 — TVI explores Rapu Rapu property in
A drill program to test the metallurgical qualities of a gold-bearing massive sulphide deposit in the Philippines is being completed by TVI Pacific (ASE). Drilling will be completed on the Ungay-Malab…
EXPLORATION ’95 — Value of Canada’s mineral production rises
The latest figures released by Canada’s minister of natural resources, Anne McLellan, show a 9.1% increase in the total value of Canada’s mineral production in 1994 compared with 1993. Preliminary est…
EXPLORATION ’95 — Illegal miners eye Norcan concessions in
Companies interested in Venezuela’s gold potential are particularly attracted to areas worked by illegal local miners, called garimpieros, as this work provides a good indication of prospective target…
EXPLORATION ’95 — Cyprus exploring Southwin
Having made its 1995 option payment, Cyprus Canada will continue exploring Noble Peak Resources’ (ASE) Southwin gold project in the Northwest Territories. Later this year, Cyprus will carry out a US$4…
EXPLORATION ’95 — Great Lakes outlines tonnage at Palmarito
Having completed a 23-hole drill program on its Palmarito silver-gold project in Sinaloa state, Mexico, Great Lakes Minerals (TSE) estimates a geological resource of 2.6 million tonnes grading 0.3 gra…
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. …
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…
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…
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…