1999

The California state lands commission has granted a prospecting permit to Deloro Minerals (DLO-A), which has staked a 480-acre area near the border with Nevada.The property is within 5 miles of the Au…

To alleviate its US$115-million debt load, Vengold (VEN-T) has sold 25 million shares of Lihir Gold (LIHRY-Q).The proceeds, which tally to about $25 million (Australian), will reduce Vengold’s outstan…

Effective June 8, Minroc Mines became Cassiar Mines & Metals (CIR-T) and drew down a $5-million financing for its magnesium-chrysotile project at Cassiar in northern British Columbia.The past-producin…

Encouraging results are reported from the Munn Lake kimberlite sill discovery at the Back Lake project in the Northwest Territories.A 42-kg aggregate kimberlite sample collected from two core holes an…

The Vancouver Stock Exchange composite index lost 8.09 points, or 1.8%, over the report period ended June 8, to close the week at 444.62. The mining index followed suit, losing 4.07 points, or 1.3%, t…

Base metals ahead of market in response to better commodity prices The base metals led the winning sectors as the Toronto Stock Exchange advanced slightly over the five trading days ended June 8. The …

Drilling will enable Eldorado Gold (ELD-T) to evaluate the size and grade of the Gokgoz Tepe zone at its wholly owned Kisladag project in western Turkey.This season’s program, budgeted at US$725,000, …

Vancouver-based Vengold (VEN-T) is exploring for the yellow metal on its newly acquired Pamlico property, southeast of Hawthorne in Nevada’s Walker Lane region.To date, the company has completed mappi…