1996



Hecla Mining expands Lucky Friday silver mine

Fresh from a profitable second quarter, Hecla Mining (HL-N) reports exploration success at its Lucky Friday mine in Idaho.The company has 20 intercepts in the Gold Hunter vein, 4,000 ft. northwest of …


Pattison funds next round at Cartaway

A private company controlled by business entrepreneur James (Jimmy) Pattison has agreed to acquire a 40% participating interest in Cartaway Resources’ (CWA-A) mineral properties in the Okak area of La…


Pentland Firth scores at Marlhill

At its Marlhill gold project near Timmins, Ont., Pentland Firth Ventures (PFO-T) has intersected gold mineralization over significant widthsThe company drilled several wide, high-grade intersections i…


PRODUCER PRICES (August 12, 1996)

ALUMINIUM: LME settlements US$1,466.50 per tonne (Aug. 6, 1996), alloy US$1,265 per tonne (Aug. 1, 1996).ANTIMONY: Composite free market, US$2,775 per tonne (Aug. 5, 1996).BISMUTH: Composite free mark…


Teuton, Minvita cut gold at Clone

Partners Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) report encouraging results from drilling at their jointly held Clone gold property near Stewart, B.C.The partners have completed 3,880…


Santa Catalina intersects gold at Pilar

In Mexico’s Sonora state, Santa Catalina Mining (SLM-V) has completed a program of reverse-circulation drilling at the 5,930-acre Pilar gold property.The 3,000-metre program was directed at an area wh…


Eldorado reports gold find

Eldorado (ELD-T) has discovered a new gold zone at the Sao Bento mine in Brazil’s Minas Gerais state.The Pinta Bem discovery hole returned 0.52 oz. per ton over 8 ft. and 0.47 oz. over 4 ft. Additiona…


B.C. gov’t approves prospectors’ grants

In British Columbia, 68 prospectors have qualified for grants under the province’s Prospectors’ Assistance Program.With a budget of $500,000, the program provides recipients with up to $10,000 per yea…


Prime extends zones at Eskay Creek property

Prime Resources Group (PRU-T) has completed 17 surface drill holes at the Eskay Creek mine property near Stewart, B.C., testing the boundaries of the Northeast Extension (NEX) and Hanging Wall (HW) zo…


Mining, mineral show planned for Winnipeg

Manitoba Energy and Mines will host the Manitoba Mining and Minerals Convention from Nov. 14 to 16 in Winnipeg.The event, to be held at the city’s Convention Centre, will include a properties showcase…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close