1994

DIAMOND SPECIAL — Russian diamond output in decline

Major world diamond producer Russia produces about 95% of its diamond output from five mines. The country’s output has been falling for the past three years; analyst David Williamson Associates of Lon…


Barytex’s Mel returns zinc-lead values

All six holes of a deep drilling program on the Mel zinc-lead-barite deposit in southeastern Yukon have intersected mineralization. International Barytex (VSE) is working to expand the Main zone resou…


EDITORIAL PAGE — Diamond hunt goes national

The feverish quest to find a diamond mine in Canada has spread from the Northwest Territories to cover much of the country, including northern Ontario. The diamond rush began in the Territories, north…




American Gem producing sapphires in Montana

From 1906 to 1943, this state was the world’s largest supplier of commercial-grade sapphires. Now, some 50 years later, with the commissioning of its first sapphire processing plant, American Gem (TSE…



Ecudorian pushes ahead at Gaby

Prefeasibility work is confirming the potential of the Gaby gold porphyry joint venture in Ecuador, reports Ecuadorian Minerals (ASE). The company can earn a 35% interest in any oxide resource outline…


Drilling continues at Hislop-Beatty

According to Glimmer Resources (VSE), results from drilling by Hemlo Gold Mines (TSE) at the Hislop-Beatty property in northeastern Ontario should lead to increased reserves. Seventeen of the 29 holes…


NEWS IN BRIES

Accura Resources (ACR:VSE) has changed its name to CT&T Telecommunications on a share-for-share basis.


Gold Vessel drilling in El Callao district

A second phase of drilling has been completed on the Choco-6 property in Venezuela’s El Callao district. Gold Vessel Resources (VSE) is earning a half interest in the property from a private Venezuela…


Deak expands property assets near Kerr mine

Three Alberta-listed juniors have agreed to sell Deak Resources (TSE) a 49% interest in all their mineral assets within a 100-mile radius of Deak’s Kerr mine site in Virginiatown, Ont. The value of th…


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