Drilling turns up copper, gold
Drilling at the Samarskoye project, 40 miles north of Karaganda in central Kazakhstan, continues to deliver copper-gold values for Kazakhstan Minerals (KMC-T).Five rigs are drilling off a large porphy…
1996
South Atlantic submits proposals for African copper-cobalt projects
South Atlantic Diamonds (SCQ-V) is expanding beyond its portfolio of Brazilian diamond assets by acquiring several copper-cobalt projects in south-central Africa.The junior has submitted applications …
THE DIAMOND PAGE — Processing of Diavik sample continues
Partners Kennecott Canada and Aber Resources (ABZ-T) are advancing their Diavik diamond project in the Northwest Territories.The processing to date of 1,150 tonnes of a 3,000-tonne bulk sample from th…
Correction (June 10, 1996)
In our June 3 issue, a report on BYG Natural Resources (BYG-T) included a photo of the past-producing Skukum gold mine and mill in the Yukon. The mine was erroneously identified as Mt. Nansen.
Greenstone Res. expands in Central America
With one mine under construction in Nicaragua, Greenstone Resources (GRE-T) has announced plans to acquire another major project in the Cental American country.The company is constructing the Cerro Mo…
NEVADA SPECIAL — Golden Chief to drill Atlanta
Junior Golden Chief Resources (GCF-V) will drill eight holes on its Atlanta gold property, along the southern extension of Nevada’s Carlin trend.The past-producing gold-silver property will be tested …
NEVADA SPECIAL — Paradise regained as Arimetco prepares for gold production
Gold production is about to begin again at Nevada’s Paradise Peak mine. The new owner, Arimetco International (ARX-T), acquired the operation in 1995 from FMC Gold (FGL-N).Arimetco has contoured the h…
NEVADA SPECIAL — Nevada is experiencing second mining renaissance
Few states have as rich a mining heritage as Nevada, which is sometimes called “The Silver State”.Mining there has been around longer than the state itself and was Nevada’s first industry, with the Co…
NEVADA SPECIAL — Eastfield options ground on Battle Mountain trend
Eastfield Resources (ETF-V) has reached an agreement with Cyprus Amax Minerals (CYM-N) to option the North Mill Creek property in the Battle Mountain trend of Nevada.Eastfield can earn a 60% interest …
NEVADA SPECIAL — Battle Mountain complex transformed
In Nevada’s Battle Mountain complex, Battle Mountain Gold (BMG-N) has transformed the Reona mine into a 100% run-of-mine, heap-leach facility.Battle Mountain expects to achieve lower processing costs …
EDITORIAL PAGE — Eyeball assaying
Investors who bought shares of Cartaway Resources at peak prices are obviously not happy about the way the company handled the release of information from the drill program at the Cirque property in L…
Index (June 03, 1996)
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