Espalau to acquire Quebec properties
Montreal-listed Espalau Mining will acquire three properties near Desmaraisville, Que., near its Bachelor Lake gold mine.The properties are held by a private company which has agreed to sell out for $…
1996
Drilling tests copper-cobalt beds
Widely spaced drilling on the Boleo copper-cobalt property in Baja California Sur, Mexico, is returning more copper-cobalt values for International Curator Resources (TSE).The drilling includes 21 hol…
Teck scans study on Red Chris
Having received a prefeasibility study on the Red Chris copper-gold project in northwestern British Columbia, Teck (TSE) has 90 days to decide whether or not to become operator and finance a final stu…
Meetings (May 13, 1996)
MEETINGSMay 20, FoxgroveMay 21, CandelaMay 21, EQ Res.May 21, First WesternMay 21, GeomaqueMay 21, HaydenMay 21, Inca PacificMay 21, Inter-Rock GoldMay 21, Redbird GoldMay 21, RegeenaMay 21, SaxonyMay…
ODDS’N’SODS — Waiting for the thaw
In 1911, the local mine in Hollinger (now Timmins), Ont., installed a pump and pumphouse on a nearby river in order to supply the town with water.A steel bridge to carry the pipeline over Fullam Creek…
THE DIAMOND PAGE — Redaurum reports startup at Kelsey Lake mine
The Kelsey Lake diamond mine in Colorado is poised to become North America’s first commercial diamond producer, having recently entered production.Mine owner Redaurum (TSE) expects Kelsey Lake to yiel…
Agnico-Eagle bullish on LaRonde results
The latest drill results from the LaRonde gold-silver-copper mine of Agnico-Eagle Mines (TSE) should soon enable the company to boost its resource estimate, says President Paul Penna.Drilling at the m…
Band-Ore extends mineralization (May 13, 1996)
Six more drill holes at the Thorne property of Band-Ore Resources (CDN) in Thornloe Twp., west of Timmins, Ont., have intersected gold on extensions of the mineralized structure.Most of the follow-up …
Lenora downgrades Box and Athona
Greater Lenora Resources (TSE) has downgraded the reserve figures for its Goldfields project on the northern shore of Lake Athabaska in Saskatchewan.Published minable reserves for the project, which i…
Drilling aims to expand Wolverine
As part of a $5.6-million exploration program in southeastern Yukon, partners Westmin Resources (TSE) and Atna Resources (TSE) have started a drill program aimed at expanding the Wolverine deposit.Two…
Rio Amarillo hits values at Peruvian prospect
South American explorer Rio Amarillo Mining (VSE) is targeting the Bellota tourmaline breccia zone during a preliminary phase of drilling at its Aija property in north-central Peru.A 61.5-metre inters…
Exploration spending in Canada is on the rise
Exploration spending in Canada is expected to total $945 million in 1996, an increase of 24% over last year, according to a federal survey.The Survey of Canadian Mineral Exploration Expenditures estim…