Despite the recent political turmoil in Russia, a tremendous opportunity exists for Western-based mining companies. Russia accounts for about one-eighth of the world’s land mass, second only to Canada…
“Promising” best describes results of the first six holes drilled in a recent program on the Lewis Ponds gold and base metal project near Sydney, Australia. Holes 18, 20 and 21 intersected extensive m…
Results from 15 of the first 23 holes drilled on the Fenn-Gibb property, near Matheson, Ont., indicate several types of gold mineralization are present. In several holes, Pangea Goldfields (CDN) has f…
A $60-million exploration program is planned for the deep Victor base and precious metal deposit just north of Sudbury, Ont. Inco (TSE) is waiting for provincial government approval to begin a drillin…
Mill testing is in progress on a 100-tonne bulk sample from a wollastonite property near Lac St. Jean, Que. Orleans Resources (ME) says the sample is being processed at a pilot plant operated by the C…
An initial hole on the Buffalo Valley property in Lander Cty., Nev., has returned gold values in several narrow intersections. Fairmile Acquisitions (ASE) drilled the hole to test for deep, porphyry-g…
Two high-grade sections were encountered during trenching in saprolitic material on La Salle, a gold concession in southeastern Venezuela. Operator Chesbar Resources (ME) and partner VenCan Gold (ME) …
A group of Canadian investors has negotiated a private placement in Queenston Mining (TSE). The financing consists of one million units at 80 cents each. The units consist of one share and one warrant…
The battle for riches from Ontario’s famous Hemlo gold camp is back in the courts. Three motions are to be heard this week in the Ontario Court, General Division, regarding the 7-year-old lawsuit brou…
A proposal to merge Gitennes Exploration (ASE) with Kenrich Mining (VSE) and Ambergate Explorations (VSE) would provide the amalgamated company with a broad base of exploration properties in Canada. T…
Having acquired the local mining assets of Westminer Canada in February, 1993, MSV Resources (TSE) now finds itself with excess milling capacity. The 3,000-tonne-per-day mill, situated at Copper Rand …
YMAD, the Argentine state-owned mining company, has received notice of the decision of International Musto Explorations (Antigua) to develop the Bajo de la Alumbrera gold-copper deposit. Musto has opt…
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