News




Arizona boosts Aldebaran tonnage

Following the completion of a recent drilling program on the Aldebaran property in northern Chile, Arizona Star Resource (VSE) estimates reserves in all categories at 75.1 million tons grading 0.025 o…



MacDonald defers annual meeting

MacDonald Mines Exploration (CDN) says it will postpone its annual meeting from the end of June to Oct. 16 to allow time to negotiate an agreement which could save the company. MacDonald President Mil…



LATIN AMERICA — Auromar, Monte Carlo drilling

The first reverse circulation drill hole of a program testing a gold property on the Caribbean island of Aruba was completed recently, Auromar Development (VSE) and Monte Carlo Gold Mines (ASE) report…




Fluorite benefits from ozone fears

The planned phasing out of chlorofluorocarbons (CFCs) by the year 2000 or earlier has prompted a number of companies to begin exploring and developing fluorite deposits. Fluorite, also known as fluors…


Juniors raise cash for diamond hunt

As a crew from Aber Resources (TSE) started ground checking geophysical targets on the Diavik joint venture property at the end of June, two other juniors arranged financing for diamond projects in th…


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