Results positive for La Teko
Metallurgical tests on an oxide sample from the the True North deposit in central Alaska have returned favorable results for La Teko Resources (LAO-T).The 50-ton sample consisted of material from both…
Articles by Northern Miner Staff
Ormonde eyes gold prospect
Ormonde Mining (OMP-V) has agreed to earn a half-interest in the Mgusu gold property in the Victoria Goldfields district of Tanzania.The property consists of two prospecting licences and three claim b…
Newmont cuts Nevada employees
Low gold prices have forced Newmont Mining (NEM-N) to lay off more workers at its Nevada operations.The company cut 150 jobs at its Carlin Trend and Lone Tree-Twin Creeks operations, representing 5% o…
Anzex hits zones of platinum, palladium
Results from the first three holes of a 12-hole drill program operated by Anzex Resources (AZX-V) confirm that the Longwoods complex in New Zealand is a platinum-palladium-bearing layered mafic intrus…
Monopros pulls diamonds from Victoria Island
The Snowy Owl kimberlite at the Victoria Island project in the Northwest Territories has yielded 75 diamonds from an 80-kg sample.The preliminary diamond count was reported verbally to partners Major …
Partners drill in Argentina
Vancouver-based partners Primo Resources (PRI-V) and Golden Peaks Resources (GL-V) have begun diamond drilling at their Los Dos Buhos and Sierra de Las Minas gold properties in southwestern Argentina….
SPOT PRICES (November 09, 1998)
Wednesday November 4, 1998Price (US)Week’s ChangeGold*$290.10-$3.65Silver*$ 5.04…
Balaclava tests Ecuadorian gold project
An initial phase of drilling on the El Corazon gold project in northern Ecuador has yielded mixed results for Balaclava Mines (BIL-V).In total, 1,126 metres in 14 diamond drill holes were completed. T…
Still more good results for AG at Amable
Drilling on the Amable target in San Juan province has yielded more encouraging results for Argentina Gold (ARP-V).The target is part of the Veladero project, in which Argentina Gold holds a 60% inter…
Meetings (November 09, 1998)
Nov. 9, HawkeyeNov. 9, RiverdanceNov. 9, SanfredNov. 10, DestinyNov. 10, PGE ResourceNov. 12, Argentina GoldNov. 12, HaydenNov. 12, RockNov. 13, AltagemNov. 13, KRL ResourcesNov. 13, TomNov. 16, IBINo…
Glamis posts profit
Despite a shortfall in production, Glamis Gold (GLG-T) earned US$205,000 in the third quarter, compared with a loss of US$909,000 in the corresponding period of 1997.Gold production between the two pe…
Ascot searches for Sullivan-type deposits
Having walked away from a joint venture on the Fort copper-molybdenum-silver property in the Babine Lake area of central British Columbia, Ascot Resources (AOT-V) has turned its attention to the Cranb…