Orvana advances Don Mario
Vancouver-based Orvana Minerals (ORV-T) has announced a resource estimate for the Lower Mineralized zone at its Don Mario gold-copper deposit in eastern Bolivia.Employing geostatistical methods based …
1998
DIAMOND PAGE — Gope to be bulk sampled
De Beers Consolidated Mines (DBRS-Q) is about to begin a mini-bulk-sampling program at the Gope diamond prospect in Botswana, held by Toronto-based partner TNK Resources (TNKR-C).The program is focuse…
Rex gets title confirmed
Recent unrest in Sierra Leone has prompted Rex Diamond Mining (RXD-T) to obtain a security clearance in order to resume work at its diamond mining leases in Tongo Fields and Zimmi.The company says the…
DIAMOND PAGE — SouthernEra options Yamba Lake
Work program slated to begin after data compilationA preliminary agreement with three junior companies sets the stage for SouthernEra Resources (SUF-T) to acquire a 51% interest in the Yamba Lake diam…
Mindoro explores Tiris
Junior Mindoro Resources (MIO-A) has begun a second phase of exploration at its Tiris gold property in Sumatra, Indonesia.Four drainage basins are being explored by means of soil, geochemical and geol…
EDITORIAL — Get Voisey’s Bay talks back on track — Dj vu
Soon after being elected premier in 1972, Dave Barrett haughtily told mining companies that he wanted a copper smelter built in British Columbia to process resources so that greater benefits could flo…
NEWS ROUNDUP — Amblin tests Quebec target
A wedge hole drilled by Amblin Resources (AX-A) at its Lyndhurst property in northwestern Quebec has returned a short interval of base and precious metal mineralization.The hole intersected 2.61 metre…
Boliden reserves cleanup funds
A US$34-million provision for liabilities arising from the tailings dam failure at the Los Frailes mine in Spain gave Boliden (BOL-T) a loss of US$52.1 million over the second quarter of 1998.The comp…
Argosy Mining finances stake in Aussie junior
Argosy Mining (AGO-V) has spent more than $800,000 in acquiring a 19% interest in Australian-based Andover Resources.The Vancouver-based junior acquired 3 million shares of Andover, which controls the…
Partners revise deal
Partners Pangea Goldfields (PDG-T) and Explorations Minires du Nord (MDN-M) have revised their joint-venture agreement affecting three properties in the Lake Victoria Goldfields district of Tanzania….
Viceroy prepares to drill in Argentina
Viceroy Resource (VOY-T), eager to test-drive a new gold property in the Argentine Andes, has scheduled drilling for late August.The property, called Gualcamayo, is underlain by limestones that are, i…
Royal Oak’s Kemess on track to reach targets
The newly opened Kemess gold-copper mine in north-central British Columbia is well on its way to meeting production targets, reports owner Royal Oak Mines (RYO-T).As a result of meeting assay specific…