Atna, YGC wrap up at Wolf
Atna Resources (ATN-T) and YGC Resources (YGC-V) have completed their 1998 drill program on the Wolf property in southeastern Yukon. Thirty holes totalling 6,625 metres were drilled this past season. …
1998
LME WHSE LEVELS (October 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 29/98 (change from Sept. 22 in brackets):MetalStocks (tonnes)Change…
Rubicon eyes Point Leamington deposit
Two letters-of-intent pave the way for Rubicon Minerals (RMX-V) to acquire the Point Leamington massive sulphide deposit near Grand Falls, Nfld.The deposit hosts an estimated resource of 13.2 million …
DIAMOND PAGE — Archangel to explore in Finland
Archangel Diamond (AAD-V) has signed an agreement with a subsidiary of Popular Resources (PPX-V) to explore for diamonds in southern Finland.The agreement affects 39 claims, or 3,200 acres, near Oulo,…
NEWS ROUNDUP — Electra finances tailings project
Electra Gold (ELT-V) has raised sufficient funds to begin processing tailings at a Newfoundland mill owned by Ming Minerals.The project hinges on a rental agreement with Eastern Meridian Mining (EME-A…
Major General hits sulphides at Sarah Lake
Major General Resources (MGH) has intersected two zones of semi-massive sulphides at its Sarah Lake property in Labrador. The total thickness of the two zones is 2.2 metres.Hole 21 intersected 1.7 met…
Partners cut gold at Tulawaka
Partners Pangea Goldfields (PGD-T) and Explorations Minieres Du Nord (MDN-M) have discovered two parallel gold-bearing structures at their Tulawaka property in the Lake Victoria Goldfields district of…
GEOLOGY 101 — Sedex massive sulphide deposits, Part 1
Sedimentary exhalative (sedex) is a type of massive sulphide deposit associated with sedimentary rocks. Sedex deposits are major producers of lead and zinc, and constitute most of the world’s largest …
MINERAL EXPLORATION — CASE STUDIES — Exploration strategies evolve at Voisey’s Bay — First-phase results hinge on pulse-EM system
In the poisoned atmosphere of political controversy, court-ordered delays and rock-bottom metal prices that has left Inco (N-T) gasping for air, it is easy to forget that Voisey’s Bay represents one o…
Quebec unveils mining initiatives
With low metal prices putting a damper on exploration in the Abitibi greenstone belt, the Quebec government and the private sector are each taking steps to encourage mineral exploration in the provinc…
MINERAL EXPLORATION — CASE STUDIES — Porphyry Mountain discovery a solid technical success
In industry jargon, they are “technical successes” — remarkable discoveries accomplished under challenging conditions and which, at first glance, appear to have fallen short of the economic threshold…
LETTER TO THE EDITOR — Beware of clumsy rules
Nobody can disagree with the need to regulate the behavior of companies in our industry, but we must be on our guard against the rules getting out of hand. I suspect this is happening when the [Ontari…