Golden Queen boosts reserves at Soledad
Drilling at the Soledad Mountain gold project near Mohave, Calif., is firming up reserves for Golden Queen Mining (TSE).The company hopes to make a production decision affecting the open-pit, heap-lea…
1996
Euro-Nevada to finance development at Midas
Royalty company Euro-Nevada Mining (TSE) plans to raise between $52 million and $65 million to finance development of the Midas project in Nevada, in which it has a half interest.The company will issu…
Index (January 15, 1996)
DEPARTMENTSCareersClassified AdvertisingCommentaryDiamond DrillersDiamond NewsDividendsEditorialsMetal PricesObituaryOdds ‘n’ SodsPeopleProfessional DirectoryStock MarketsSubscriber ServiceThe Norther…
Meetings (January 15, 1996)
MEETINGSJan. 22, Banff Res. Jan. 22, Cons Bullion Reef Jan. 22, Int’l Focus Jan. 22, Montello Jan. 22, Premier Minerals Jan. 22, Remington Creek Jan. 23, Fort Point Jan. 23, Stina Jan. 23, Valerie Gol…
Rio Amarillo Mining drill-tests gold prospect in central Peru
A 400-metre program of diamond drilling is under way on the Aija gold prospect in central Peru.Rio Amarillo Mining (VSE) is drilling seven holes in an effort to test a geochemical anomaly. Spot sampli…
Altavista to drill Santa Anna
Having raised $500,000 through a private placement of 1 million shares, Altavista Mines (ME) is ready to begin drilling its Santa Anna gold property in northwestern Quebec.A 50-hole program of definit…
Procoloro confirms gold grades at Yurani project
Encouraging gold and silver values are contained in initial drill results from the Yurani project in Colombia.Procoloro Resources (ME) reports that seven holes have been drilled, and that assay result…
Rea Gold, American Res. propose corporate merger
By mid-May of this year, Rea Gold (TSE) and American Resource (NASDAQ) expect to merge into a single entity that would have minable gold reserves of about 1.7 million oz.Under the terms of a recent ag…
Thickest intersection yet at Eastern Deeps
The thickest massive sulphide intersection yet encountered at the Eastern Deeps area of the Voisey’s Bay nickel-copper-cobalt deposit in Labrador has prompted Diamond Fields Resources (TSE) to project…
Horne, Timmins head list of Hall of Fame inductees
One was born two years before Confederation; another is working in his office this morning. The eight men recently inducted into the Canadian Mining Hall of Fame span the history of Canadian mining an…
METALS COMMENTARY — Metals analyst provides little joy for silver buffs
Silver prices are not expected to improve over the short term, according to metals analyst Richard Hajdukiewicz, vice-president of commodities for J. Aron & Co, the commodities division of the investm…
Americomm Res. gains copper play in Lisbon Valley, Utah
Americomm Resources (OTC) recently acquired a copper prospect in the Lisbon Valley area in southeastern Utah.The property consists of 105 lode claims and two state leases near the Lisbon Valley copper…