Ashton begins drilling at Cross
Ashton Mining of Canada (TSE) is proceeding with a drilling program on its Cross property, in the southwestern region of the Northwest Territories’ Slave province.Work carried out there in 1995 led to…
1996
Diavik bulk sample reflects past results
Initial processing of an underground bulk sample from the A-154 South pipe at the Diavik diamond project in the Northwest Territories is returning grades comparable to an earlier mini-bulk drill sampl…
Aurizon cash flow slipped in ’95
Cash flow for Aurizon Mines (TSE) dipped to $4.4 million (or 12 cents per share) in 1995 from the $7 million (20 cents per share) reported in 1994.The company holds a half interest in the Sleeping Gia…
Trivalence gains ground in W. Africa
Junior Trivalence Mining (VSE) has set its sights on a former-producing alluvial diamond mine in Guinea, West Africa.The company intends to acquire all the shares of privately owned First City Mining,…
PRODUCER PRICES (April 08, 1996)
ALUMINUM: MW U.S. market US76-77 cents per lb. (March 22, 1996).ANTIMONY: MW New York dealer US$1.85-2.00 per lb. (Feb. 29, 1996).BISMUTH: MW New York dealer US$3.90-4.05 per lb. (Feb. 29, 1996).CADMI…
Northern Crown drills in Mexico (April 08, 1996)
Drilling is under way on nine targets at the Mesa Galindo project in Mexico.Northern Crown Mines (VSE) has received results from eight holes drilled on three separate bulk-tonnage targets, which retur…
PEOPLE (April 08, 1996)
ABACUS MINERALS — Ken Thornsen appointed director.ACE DEVELOPMENTS — Jacek Pawlowski appointed vice-president of finance and chief financial officer.ATNA RES. — Lukas Lundin appointed director; Nan…
Birim extends Mampon showing
Drilling by Birim Goldfields (CDN) on the Dunkwa property in Ghana has extended the length of the Mampon zone by 150 metres.Another four holes extended the strike length, which remains open in both di…
Companies (April 08, 1996)
AMT Int’l M’gArchangel DmndArequipa Res.Arimetco Int’lArista Res.Ashanti GldfldsAshtn Mg of CdaAuckland Expl.Aurizon MinesAuspex MineralsBaja GoldBirim GldfldsBlack Hawk M’gBlack Swan GoldBre-X Minera…
Bre-X renews CoWs for Indonesian properties
Directors of Bre-X Minerals (ASE) moved to reassure investors following reports in the financial press that cast doubt on the analytical methods the company has used at its Busang project on the Indon…
Princeton gets nod for Huckleberry
Princeton Mining (TSE) has received federal approval to proceed with development of the Huckleberry open-pit copper mine near Houston, B.C.Princeton is developing the mine in concert with a consortium…
Exall buys stake in Hislop-Beatty
A final feasibility study at the Hislop-Beatty gold property near Matheson, Ont., has prompted Exall Resources (TSE) to buy a 60% interest from Hemlo Gold Mines (TSE).The remaining 40% is held by Glim…