Minefinders adds to Dolores deposit
Third-phase diamond and reverse-circulation drilling has expanded drill-indicated gold and silver mineralization by more than 1,500 metres at Minefinders’ (MFL-V) Dolores property in Mexico’s Chihuahu…
1997
Westmin encouraged in Argentina
Encouraging drill results have been reported following the first season of drilling at the Fin Del Mundo project on the southern tip of Argentina. The 3,413-Metre program consisted of 18 holes.Situate…
PEOPLE — LUCKY BREAK GOLD (June 09, 1997)
Alfredo De Lucrezia appointed director.
PEOPLE — INT’L CONQUEST
Dilip Deshpande appointed director.
PEOPLE — GREYSTAR RES.
Paul Stein appointed director.
STOCK MARKETS — Resources drop on TSE as election pushes dollar higher — Base metals, golds off in quiet market, platinum group metals show strength
Merchandising, communications and consumer products showed strength on the Toronto Stock Exchange, though the resource industries were all lower during the report period ended June 3. The TSE 300 comp…
DIAMOND PAGE — Cypango Ventures recovers Yamba Lake diamonds
A series of sample batches from the newly discovered T-10 kimberlite in the central portion of the Yamba Lake property in the Northwest Territories yielded six macrodiamonds (exceeding 0.5 mm in at le…
Afema production cramps — Eden Roc’s first-quarter results
Citing weak gold prices and lower gold production at the Afema heap-leach gold mine in Ivory Coast, Toronto-based Eden Roc Mineral (EDN-T) reports a $1.7-Million loss (or 3.6 cents per share) for the …
PEOPLE — GUARDIAN ENTERPRISES
Eckhardt Koppen appointed director.
DIAMOND NEWS ROUNDUP — Spider, KWG busy in Brazil
Joint-Venture partners KWG Resources (KWG-T) and Spider Resources (SPQ-A) have recovered lamproite indicator minerals from five samples taken from the Contendas structure in central Brazil.The samples…
PEOPLE — FIRST QUANTUM (June 09, 1997)
Martin Rowley appointed director.
EDITORIAL AND OPINION — The best defence is a strong offence — Teflon `victims’
After the Bre-X Minerals salting scandal was exposed, mining professionals worried aloud that they might be tarred with the same brush and that investors, once-burned, would be twice shy of all compan…