Trans Hex reports loss
Exploration by Trans Hex International (THI-T) in Africa and South America continued apace in the last three quarters of 1999, despite an operating loss of $700,000 and a protracted ownership dispute …
Articles by Northern Miner Staff
Tiberon outlines anomaly
Surface sampling by Calgary-based junior Tiberon Minerals (TBR-V) has outlined a tungsten-bismuth-copper gold target at the Nui Phao property in northern Vietnam.Chip sampling on the southeastern slop…
River, Vencan end legal dispute (February 28, 2000)
A long-standing dispute over the profitability of the Edwards gold mine, near Wawa, Ont., has been settled.River Gold Mines (RIV-T) has paid Vencan Gold (VCG-M) $1.5 million in cash and a 3% net smelt…
Band-Ore ties up discovery
Three northern Ontario prospectors have dealt a new diamond discovery east of Wawa, Ont., to Band-Ore Resources (BAN-T), and work on the property is scheduled to start shortly.Band-Ore is issuing 1.5 …
Valerie finds new targets in Ecuador
Stream-sediment sampling on the Santa Barbara copper-gold property in Ecuador has outlined widespread gold values over a 10-sq.-km area.Junior Valerie Gold Resources (VLG-V) is earning a half-interest…
Cassiar completes shipment
Toronto-based Cassiar Mines & Metals (CIR-T) has begun making international deliveries of its first commercially produced chrysotile fibre from the Cassiar plant in northern British Columbia.The compa…
Maude Lake sizes up Comtois
Junior Maude Lake Exploration (MAU-M) has completed its first resource evaluation for the Comtois gold property, 15 km west of Lebel-sur-Quevillon, Que.Indicated resources are pegged at 582,934 tonnes…
CDNX continues to set record highs
Canada’s junior stock market index ignored fears of higher interest rates, posting another record close. The Canadian Venture Exchange gained 204.45 points, or 6.08%, over the week ended Feb. 23 and c…
Glamis posts resource
Based on results from recent exploration drilling, Glamis Gold (GLG-N) has concluded that the existing resource at the Cerro Blanco gold-silver project must be expanded before it can be advanced to th…
Patricia aims to restart Island Gold
Junior Patricia Mining (PAT-V) is studying the feasibility of restarting production at the Island Gold project, 50 km northeast of Wawa, Ont.Island Gold comprises the Kremzar, Lochalsh and Goudreau pr…
Fourth quarter pushes Homestake into black
A strong fourth quarter propelled Homestake Mining (HM-N) to profitability in 1999.The company earned US$4 million (or 2 per share) in the quarter, contributing to income of US$4.9 million (2 per sh…
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