Underlying Canada is one of the world’s largest cratons, rendering much of the country prospective for companies hopeful of discovering a major diamond mine. But during the staking rush of the early 1…
New reserves have been calculated for Exall Resources’ (TSE) Santo Tomas porphyry copper deposit in Mexico’s Sinaloa state. Based on a 0.2% copper cutoff, the deposit is estimated to contain more than…
Michael Callahan appointed director.
In June, Botswana Diamondfields (VSE) will begin evaluating 60 kimberlite targets on its properties in Botswana. Air percussion drilling will be used to extract core from up to three holes at each sit…
Two gold mining operations in Costa Rica helped Ariel Resources (TSE) post its highest 6-month earnings to date. For the period ended Mar. 31, Ariel netted US$593,775, or about US6.4 cents per share. …
Drilling has encountered gold values on Champion Bear Resources’ (ASE) Swimit Lake prospect near Dryden, Ont. Twenty-six holes were drilled to test the depth extension and lateral continuity of gold m…
Drill results from the Alabama target at the Similco mine near Princeton, B.C., confirm the presence of a higher-grade zone below prior shallow drilling. Princeton Mining (TSE) has drilled 5,300 ft. (…
The extent of the Huckleberry copper project, near Kemano, B.C., is gradually coming into focus. As definition and infill drilling continue on the East zone, New Canamin Resources (VSE) is preparing t…
Timmins, Ont.-based Moneta Porcupine Mines (TSE) has agreed to acquire Wounded Bull Resources, a wholly owned subsidiary of Australian-based Pima Mining. Wounded Bull owns two gold properties in the U…
VSE-listed Mutual Resources plans to explore two newly optioned gold concessions in south-central Ghana. The Oda River and Kent concessions are in the Manso Kwanta gold belt which runs parallel to, an…
A ranking of the top 10 gold-producing countries in 1993 places Canada in fifth place, unchanged from the previous year. Total Canadian output dropped to 150.9 tonnes gold last year from 160.4 tonnes …
On Feb. 3 of this year, U.S. President Bill Clinton removed the 19-year-old prohibition against American companies doing business in Vietnam. This prohibition had, by moral persuasion, inhibited most …
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