1995



Canabrava explores diamond targets in Brazil

An aggressive exploration program, initiated one year ago by Canabrava Diamonds (VSE), has identified 120 kimberlite-lamproite pipe-vent complexes at its namesake project in Brazil’s Minas Gerais stat…


Northern Orion tops up treasury

A special warrant financing will raise $40 million for Northern Orion Explorations (VSE).Investment dealers Gordon Capital, Deutsche Bank Securities, Yorkton Securities and Bunting Warburg have agreed…


Drilling planned for Atna ground

Drilling will begin in early August on the Foot, Pak and Toe claims in the Yukon.Westmin Resources (TSE) will spend a minimum of $650,000 on the property this year under a four-year, $3-million option…



Mixed results at Golden Bear

Drilling at the Golden Bear mine property in northwestern British Columbia is returning mixed results for Wheaton River Minerals (TSE).The company is drill-testing two zones, Ursa and Grizzly, in an e…



Bourlamaque-Nord yields gold

A bulk sample of ore from the Bourlamaque-Nord project of Lithos (ME) has yielded 2,484 oz. gold, 93.4% of which was recovered.The 10,377 tons of ore extracted from the property, which is the site of …


EDITORIAL PAGE — The bear facts of geophysics

My first summer job in geophysics was as a horizontal loop electromagnetic (EM) transmitter operator in the Yukon in 1966. The Anvil camp had recently been discovered by Dr. Arro Aho, and an intense e…


Metal Prices — FREE MARKET (July 17, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateJuly 11July 10July 7July 6July 5Copper3159-3160 3099-3100 3100-3110 3058-3059 3091-3092Lead 615-616 609-610610-611 610-611 618-6…


Platinova drills turn in Greenland

At the Peary Land zinc project in Greenland, Platinova A/S (TSE) has begun drilling the Esrum gravity anomaly.The first hole intersected 70 metres of massive sulphides containing sub-economic quantiti…


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