1994


NEWS ROUNDUP — Kookaburra defines Tacaza reserves

Drilling on the Tacaza project in southeastern Peru has outlined a geological resource of 4.4 million tonnes grading 1.35% copper, based on a 0.5% cutoff. Kookaburra Resources (VSE) has drilled 7,700 …


PEOPLE — PACIFIC FALCON

Ronald Nichols elected president and director; Russell French, Michael Laidlaw and Noble Larsen elected directors.


Results in from Goldfields project

Toronto-listed Greater Lenora Resources has received results from infill drilling of its Goldfields project in northern Saskatchewan. The 9-hole program was carried out in the area of the Box Pit. Amo…


Tequila assuming ownership of Asia Pacific property

Toronto-listed Adex Mining is transferring to Tequila Copper its interest in the Asia Pacific copper-gold property in the Philippines. Adex owns half of Philippines-based Selenga Mining, which holds t…


MINING IN MEXICO — Work progressing at Cieneguita

The Cieneguita heap-leach gold property in southwestern Chihuahua state is progressing towards production. Operator Glamis Gold (TSE) can earn a 60% interest from Aquiline Resources (VSE) by incurring…



NEWS ROUNDUP — Production resumes at Similco Mine

In August, Similco Mines, a wholly owned subsidiary of Princeton Mining (TSE), resumed production at its open-pit copper mine in southwestern British Columbia. The mine operated throughout September a…


NEWS ROUNDUP — New Island hits gold at Glover

With its first drill hole, New Island Minerals (ASE) has intersected significant gold mineralization at its 26,000-acre Glover Island property in Newfoundland. The hole intersected 0.30 oz. gold per t…


Conference focuses on global opportunities

In the aftermath of the Cold War and the subsequent collapse of the Soviet Union, countries have to earn their way on to the world stage. As a consequence, many emerging nations are bringing in new mi…


Channel drilling program under way in Burkina Faso

Reverse-circulation drilling is under way on the Bombore and Somita properties in Burkina Faso, West Africa. The work consists of 150 holes over 15,000 metres. The concessions are two of four held in …



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