State support for Exall project
The government of the Mexican state of Sinaloa has agreed to provide the required infrastructure to support the Santo Tomas copper-gold-silver project of Exall Resources (TSE). The company estimates t…
1994
Discoveries at Golden Bear
Two new zones of gold mineralization have been discovered on the Golden Bear property in northwestern British Columbia. This marks the third find announced by North American Metals (VSE) and Wheaton R…
Steelworkers eye Colomac workers
The United Steelworkers of America have filed an application with the Canada Labour Board to represent 200 workers at the Colomac gold mine of Royal Oak Mines (TSE) in the Northwest Territories. Colom…
River Gold reports encouraging results
Early results from drilling at the Eagle River gold property confirms that the No. 8 zone consists of a series of closely spaced, high-grade, plunging lenses and that No. 6 is a continuous, high-grade…
Development under way at Nixon Fork
Exploration and development are in full swing at Consolidated Nevada Goldfields’ (TSE) Nixon Fork project in west-central Alaska. The company has completed about 1,800 ft. of advances on two declines …
Pickard speaking at CIM luncheon
The president of Falconbridge will be the guest speaker at the Sept. 22 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Frank Pickard will speak on “the n…
Abandoned mines focus of hunt
Researchers at the University of Nevada in Reno are collaborating with the U.S. Bureau of Land Management to help track down the state’s abandoned mines. “No one has ever attempted to identify every a…
Miramar backs Northern Orion
Related companies Miramar Mining (TSE) and Northern Orion Explorations (VSE) plan to reorganize their Argentine holdings. Northern Orion will acquire the issued capital in Grupo Minera Aconcagua S.A. …
Drills turning at Lewis Ponds
Toronto-listed Tri Origin Exploration has completed two drill holes and four wedged holes on its Lewis Ponds property in New South Wales, Australia. Hole 32, north of the deposit, intersected a 41-met…
Paredones results encourage Echo Bay
Drill results from the Paredones Amarillos gold property in Baja California Sur, Mexico, are proving encouraging for Baja Gold (TSE) and Echo Bay Mines (TSE). The latter can earn a 51% interest in the…
Metal Prices — London Metal Exchange (August 29, 1994)
Spot closing prices in $US per tonne Date August 23 August 22 August 19 August 18 August 17 Copper 2370-2371 2374.5-2375.5 2391-2392 2411-2412 2399.5-2401.5 Lead 565.5-566.5 564-565 563-565 574.5-575….
Trillion drilling Zimbabwe deposit
A 50,000-ft. drill program has begun at Trillion Resources’ (TSE) 50%-owned Jena Mines complex in Zimbabwe. The objective is to develop new gold reserves on strike with the currently producing Stump, …