Zappa outlines Enriquez values
Trenching on the Ponce Enriquez project in Ecuador is confirming the presence of widespread, low-grade gold mineralization for owner Zappa Resources (VSE). Soil sampling on the Guadalupe concession ou…
News
Int’l Platinum unveils new strategy
At a recent press conference in Toronto, International Platinum (TSE) unveiled a new exploration strategy for its prospect in La Paz Cty., Ariz. In recent weeks, two independent surveys — one by the …
LAST BUT NOT LEAST — Cross Lake acquires Timmins area play
Junior Cross Lake Minerals (VSE) has acquired a 79-claim property in Steele Twp., northeast of Timmins, Ont. The property is 22 miles west of the Normetal zinc-copper-silver mine which produced 11.1 m…
EDITORIAL PAGE — A boost for base metals
For the first time in more than a year, copper prices have started approaching the US$1-per-lb. level. At US93 cents, the price is roughly 20% better than last year’s low of US73 cents. Nickel has dis…
THE DIAMOND PAGE — Hendricks hits wide, low-grade
Surface and underground drilling by Hendricks Minerals (CDN) continues to intersect shallow, low-grade mineralization over broad widths at the Cross Lake gold-silver project in Colorado. To date, two …
Mining Games set for Montreal
The fifth annual Canadian Mining Games are scheduled for March, 1995, in Montreal. The events are designed to challenge the students’ knowledge of and skill in a wide range of mining aspects. Past eve…
STOCK MARKETS — Base metals add vigor to Toronto Exchange
Fueled by increases in base metal prices, the Toronto Stock Exchange 300 composite index gained just over 100 points to close at 4,269.15 for the week ended May 17. The mines and metals subgroup, lead…
Orcana teams with Outokumpu
Finnish conglomerate Outokumpu Mines plans to earn a 55% interest in the San Carlos property from Orcana Resources (VSE). The property is situated in Mexico’s Sonora state, and Outokumpu can earn the …
FINANCING (May 23, 1994)
Black Hawk Mining — 4.6 million common shares and 2.3 million common share warrants @ $1 per special warrant. Richmont Mines — 2.5 million common shares issuable upon the exercise of previously issu…
PRODUCER PRICES (May 23, 1994)
ALUMINUM: MW U.S. market US62.00-64.00 cents per lb. (May 5, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…
Red Rock expansion nearing completion at Goldfield project
Expansion of the Goldfield project in Nevada is proceeding on schedule, with completion expected by June. Heap-leach operations are being upgraded to process up to 80,000 tons of ore per month. It is …
Geoscientists focus on acid mine drainage
With the addition, in recent years, of hydrogeology and environmental geology, the Earth Science Department of the University of Waterloo has become the largest such department in Canada. It is only f…