1996

Band-Ore extends mineralization (March 18, 1996)

Drill holes along strike have intersected more mineralization at the Thorne Twp. property of Band-Ore Resources (CDN), west of Timmins, Ont.Earlier drilling on Band-Ore’s new zone had encountered gold…


Diamonds found in French Guiana

Toronto-listed Guyanor Ressources has discovered diamonds in a metamorphosed ultramafic rock within its Dachine permit area in French Guiana.Guyanor, which is 70% owned by Golden Star Resources (TSE),…


Guyana Gold aims to expand Sabi

Production from the Sabi gold mine in Zimbabwe is being expanded.Since it acquired a 55% interest in the mine 10 months ago, Guyana Gold (TSE) has extracted 10,071 oz. from the mine at a cash cost of …


Inco bid was rejected by Diamond Fields

At a recent press conference, Robert Friedland, co-chairman of Diamond Fields Resources (TSE), confirmed that his board shot down a proposal from Inco (TSE) that would have seen the nickel giant incre…


Biggest-ever PDAC an international hit

With 4,700 people in attendance, the 64th annual convention of the Prospectors & Developers Association of Canada turned out to be the biggest ever, shattering records set during the 1980s.”We could s…



Sharpe gains Labrador claims

CDN-listed Sharpe Energy & Resources has acquired a 35% interest in 400 claims in southern Labrador.The claims, which cover the 100-km-long Kyfanan Lake intrusion, are jointly held by Peruvian Gold (V…




Reserves dip for Battle Mountain

While Battle Mountain Gold (NYSE) added 735,000 oz. gold to its reserve base in 1995, the amount was not sufficient to prevent a decrease in its overall inventory.The proven and probable figure stands…


Greenstone raises US$25m for 1996

In order to fund all its planned 1996 programs without issuing any more equity, Greenstone Resources (TSE) has arranged US$25 million in debt financing.The financing consists of a US$15-million line o…


Potential of Kazakhstani project grows

Initial drill results from the Varvarinskoye gold-copper-silver deposit in northern Kazakhstan are confirming previous resource estimates.Kazakhstan Minerals (CDN) is attempting to confirm in situ res…


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