St. Elias outlines zone
Channel-sampling by St. Elias Minerals (SLI-V) has outlined a promising gold zone at the Cueva Blanca property in western Peru.The 110-sq.-km property covers a large epithermal alteration system in th…
2000
Sulliden finds new targets in Peru
Since an initial 10-hole drill program has failed to replicate promising surface results from the La Rubia and Boliche structures, Sulliden Exploration (SUE-M) is shifting its focus to a silicified ri…
Virginia ventures into uncharted regions of Quebec
The recent discovery by Virginia Gold Mines (VIA-T) of a nickel sulphide deposit in northern Quebec has reaffirmed the company’s position as one of the most active explorers in the province.In the fal…
PFN cuts precious metals near Sudbury
A second phase of drilling at the Janes property in northern Ontario has intersected additional values of platinum group elements for Pacific North West Capital (PFN-T).Hole 19 cut 28.2 metres (from 1…
Boliden poised for profitable turnaround
Shareholders of Boliden (BOL-T) haven’t had much to cheer about in the past few years, particularly those who bought shares when the base metal producer and refiner obtained its Canadian listing in 19…
Uranium exploration shows renewed signs of life
While uranium exploration isn’t what it was during its glory years a few decades ago, a high-grade discovery made by Cameco (CCO-T) at the La Rocque Lake claims in northern Saskatchewan has spurred se…
GREATEST VALUE TRADED, Feb. 23-29
Exchg Val($000s)HighLowCloseChangeAlcoa*N 564687 74.38 67.69 68.50 – 4.00…
Phelps Dodge outlines deposit
Phelps Dodge (PD-N) has outlined a copper-gold deposit at its 50%-held Sossego project in northern Brazil.Some 120 drillholes point to a resource of 219 million tonnes grading 1.14% copper and 0.34 gr…
Teck drilling at Loubel’s Lemoine property in Quebec
Following up on last year’s grassroots work, Teck (TEK-T) has begun a drilling campaign at Loubel Exploration’s (LBX-M) Lemoine polymetallic property, 24 km southeast of Chibougamau, Que.The property …
Venture Exchange buoyed by strong high-tech sector
Canada’s junior stock market blew past the 3,800-point level for the first time, helped by a strong technology index. The Canadian Venture Exchange tacked on 260.35 points, or 7.3%, during the report …
Placer Dome posts positive results for 1999
Despite incurring US$95 million in merger and write-down costs, Placer Dome (PDG-T) managed to turn a healthy profit in 1999.North America’s third-largest gold mining company earned US$35 million, (or…
Mindoro to explore core projects
Having closed a $350,000 financing and with another $1-million effort in progress, Mindoro Resources (MIO-V) is gearing up to explore three core mineral projects in the Philippines and one core projec…