A recently completed exploration program has encountered widespread copper mineralization on Minera Rayrock’s (TSE) Sierra Valenzuela property in northern Chile. The program consisted of geological ma…
Vancouver junior Trader Resource (TSE) has completed three additional drill holes on its Mikwam property in the Casa Berardi area of northern Quebec. The holes tested an area of previously known miner…
A letter of intent was recently signed allowing Amax Gold (NYSE) the right to earn an interest in the Golden Summit project near Fairbanks, Alaska. Freegold Recovery (VSE), which has been exploring th…
Noranda Exploration, a unit of Noranda (TSE), has informed Parquet Resources (ME) that it does not intend to make its next option payment of $40,000 on Parquet’s Duparquet Twp. property near Rouyn-Nor…
A wholly owned subsidiary of Orvana Minerals (TSE) recently entered into a letter of intent with BHP Minerals International to acquire a 100% interest in that company’s Central Inlier prospect in Jama…
Exploration and development expenditures in Ontario dropped by 31% to an estimated $300.8 million in 1992, according to the Ministry of Northern Development and Mines. General and mine-site exploratio…
Three drills are active at the Douay gold property of Societe d’Exploration Miniere Vior (ME) near Joutel, Que., the company reports. Aim of the $600,000 drilling program is to increase the reserves o…
A new mining contract at the Florida Canyon mine owned by Pegasus Gold (TSE) is expected to lower costs by about US$25 per oz. Mining at the open-pit, heap-leach gold mine near Winnemucca, Nev., is co…
In September, 1991, Michael Harcourt, then leader of British Columbia’s opposition, said: “We believe that compensation should be paid for the loss of pre-existing mineral rights in new park or wilder…
Assay results for the first hole of a continuing drilling program on the Taysan copper project in the Philippines returned a number of better than average copper values. Chase Resource (VSE) has an op…
Carey Mantei appointed director.
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan. 5 Jan. 4 Jan. 1 Dec. 31 Dec. 30 Copper N/A 1560-1561 N/A 1505-1506 1500-1502 Le…
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