Geomaque expands Honduran deposit
Geomaque Explorations (GEO-T) has extended the San Juan zone as a result of drilling carried out on the Vueltas del Rio gold project in northwestern Honduras.Drilling began in February in the eastern …
1997
STOCK MARKETS — Metal mines awaken to enlivened Toronto markets — Even the gold sub-group recovers modestly in upbeat market
The Toronto Stock Exchange finished with another record high close on July 29, finishing the trading period at 6,801.17 — a gain of 86.92 points — over the trading period July 23-29.The Canadian dol…
No end in sight for Las Cristinas dispute
A dispute over potential ownership of a major gold mine remains unsettled following a ruling by a Venezuelan court.The proponents in this David-Vs.-Goliath affair are Crystallex International (KRY-T),…
Eastmain aims drills at Quebec
Junior Eastmain Resources (ER-T) will begin an 8,000-Metre diamond drill program on three properties situated along the Eastmain River greenstone belt, 800 km northwest of Montreal, Quebec.At the Clea…
Corrections (August 04, 1997)
An article on page 6 of our July 28 issue includes incorrect information regarding the operatorship and funding of the VBE-1 project. The operator of the 1997 exploration program is Columbia Yukon Res…
Band-Ore puts resource figure on Thorne
Three advanced exploration projects in the Timmins, Ont. region have moved a step closer to development.At the Thorne property, Band-Ore Resources (BAN-T) has released its long-Awaited resource estima…
Study positive for Almaden project
Based on the results of a positive feasibility study by Watts, Griffis & McOuat, International Freegold Mineral Development (ITF-G) intends to proceed with the permitting process for the Almaden gold …
Brigadier explores in Hearst Twp.
An old prospect on a splay of northeastern Ontario’s Larder Lake Break will be stripped and sampled by newly listed Brigadier Gold (BRIG-C).The Benson Creek property is on Highway 624, just southwest …
Ashanti doubles resource in Tanzania
African miner Ashanti Goldfields (ASL-N) has released a new resource figure for the Geita gold project in Tanzania.Based on recent drilling along the 4.5-km trend of mineralization, the resource at Ge…
GEOLOGY 101 — Quartz-Carbonate vein gold deposits, Part 2
In temporal terms, quartz-Carbonate vein gold deposits apparently have been restricted to specific intervals in the Earth’s history, including the Late Archean, Early Proterozoic, early Paleozoic and …
STOCK MARKETS — Slow summer continues on Western markets — Junior resource companies struggle for investors’ attention
Shoppers normally love bargains, but the rule does not seem to apply when the merchandise consists of shares of junior mining stocks. When markets are hot and everyone is buying, investors pile aboard…
Goldstake grabs South African stockpile
Goldstake Explorations (GXP-T) has acquired a stockpile of processed, but still rich, gold ore in South Africa.Production has started on the Gold Stockpile 1 project, a joint venture between Goldstake…