LETTER TO THE EDITOR — Time to start talking
The editorial “A voice from the wilderness” (T.N.M., Jan. 30/95) shows that neither the mining industry nor the environmentalists are thinking clearly about land use in wilderness area, a development …
1995
RFC program boosts Pend Oreille
Underground exploration by RFC Resource Finance (TSE) is enhancing the overall potential of the Pend Oreille project in northeastern Washington state, about 100 miles from Spokane. After incorporating…
Drilling at Damoti Lake
While some Canadian juniors do less field work in winter, Gitennes Exploration (ASE) is not among them. The Vancouver-based company is involved in not one but three programs near Damoti Lake in the No…
Detector drills Pistol Lake zone
Junior explorer Detector Resources (ASE) has completed a 4,590-ft. drill program on its Pistol Lake property, 55 miles west of Thunder Bay, Ont. Previous work identified anomalous gold values over a 2…
Cambior follows yellow brick road
For the fifth year in a row, Cambior (TSE) has increased the level of its gold output. The Montreal-based company cranked out 522,077 oz. in 1994, compared with 518,083 oz. in the previous year. The o…
ODDS’N’SODS — The Mexican adventure (1)
Exploration work in Alaska has its problems. Nevertheless, the long days and short nights during the summer, combined with the mineral-rich Triassic volcanics in the Talkeetnas, make prospecting a cha…
Spot prices at a glance (February 27, 1995)
Week’s Price (US) Change Gold* $379.00 + $2.10 Silver* $4.76 – $0.01 Platinum* $416.40 + $2.40 Nickel** $3.79 + $0.02 Lead** $0.27 + $0.01 Copper $1.31 $0.00 Zinc $0.47 + $0.02 Courtesy of Scotiabank….
Pamlico returns gold values
Significant gold values have been encountered on the Pamlico property in Mineral Cty., Nev. VSE-listed partners Cactus West Explorations and Pamlico Gold report that drill hole PRC-28, at the northern…
New gold zone discovered at Tasna
By the end of March, Corriente Resources (VSE) expects to have completed a feasibility study for its bismuth-copper-gold vein project on the Tasna property in southern Bolivia. The company is also exp…
Grizzly returns more gold
Drilling on the Grizzly zone at the Golden Bear mine in northwestern British Columbia is expanding the dimensions of the deposit. Owner North American Metals (VSE) reports that hole 95-128 intersected…
Sutton evaluates Kabanga
A preliminary economic evaluation on the Kabanga nickel-cobalt sulphide deposit in Tanzania has returned positive results for Sutton Resources (VSE) and BHP Minerals. BHP can earn a 58% working intere…
Significant rise in reserves at Musto’s Alumbrera play
An expansion in reserves will enable partners International Musto Explorations (TSE) and Australian-based MIM Holdings to increase throughput at the Bajo de la Alumbrera gold-copper deposit in northwe…