St. Elias to drill Zona Verde
Channel sampling on the Cueva Blanca gold property in Peru is allowing St. Elias Minerals (SLI-V) to enhance a promising new gold zone.Situated in the northern portion of the property, the Zona Verde …
2000
TSE Shorts (March 27, 2000)
Short positions outstanding at March 15, 2000Larger individual positions include: Abaddon Resources 102,500 down 192,500; Abitibi-Consolidated 1,304,617 up 63,264; Anderson Explorat…
Summo hits extension of Centennial copper deposit
A 15-hole exploration program targeting the southern end of the Centennial copper oxide deposit in southeastern Utah has uncovered a new mineralized zone for Denver-based Summo Minerals (SMA-T).Coveri…
Band-Ore in Canadian diamond hunt
Toronto-based junior Band-Ore Resources (BAN-T) has launched airborne geophysical surveys at two of its diamond exploration properties in eastern Canada.At the 25-sq.-km GQ diamond property in Musquas…
Gold Fields, Outokumpu ink PGM deal
Gold Fields (GOLD-N) and Outokumpu will explore jointly for platinum group metals (PGMs) on a 14,000-ha property in north-central Finland.Two layered intrusive complexes are known to exist on the prop…
Sunshine sees sparkle in Argentine play
Channel sampling at the Capricho massive sulphide project in Argentina has resulted in significant values for lead, copper and silver over a horizontal distance of 1,000 metres.The program, carried ou…
Virginia funded for programs in Quebec
Few juniors have generated as much exploration smoke as Virginia Gold Mines (VIA-T) or assembled a land package as prospective as that company’s 14 gold and base metal properties in northern Quebec. K…
INDEX (March 27, 2000)
AngloGold10Arena Gold2Atna Res.14Aur Res.1Band-Ore14Battle Mt.10Birim11Cambior6Canabrava14Channel Res.18…
Takeover easy on Grupo’s pocketbook
Grupo Mexico expects to save up to US$200 million as a result of its recent merger with Asarco.The savings stem from the elimination of administrative redundancies, consolidation of purchasing and sal…
Echo Bay eyes Moreau gold property in Arizona
Having completed surface-sampling and mapping, a wholly owned subsidiary of Echo Bay Mines (ECO-T) is preparing to drill-test five targets on the Moreau gold property near Parker, Ariz. The targets ar…
Diamond Fields begins study
Diamond Fields International (DFI-T) is advancing its marine diamond concessions near Luderitz, Namibia, to the stage of final feasibility study.As part of the study, U.K.-based Seacore, a British mar…
First Quantum, Glencore close ZCCM deal
Shareholders of Zambian Consolidated Copper Mines (ZCCM) have unanimously approved the sale of their company’s Mufulira division and the Nkana mine, concentrator and cobalt plant to Mopani Copper Mine…