NovaGold drills in northern Mexico
Nova Scotia-based NovaGold Resources (NRI-T) reports that diamond drilling has begun at the Koala project in central Chihuahua state, Mexico.In February, the company acquired a 20% interest in the 990…
Articles by Northern Miner Staff
Drills turning at South Voisey’s Bay
Donner Minerals (DML-V) and Teck (TEK-T) have commenced their long-anticipated drilling program at the South Voisey’s Bay project in Labrador.Three drill rigs are currently operating under the field s…
GOLD AND PRECIOUS METAlS — MSV finances program
Montreal-based MSV Resources (MSY-T) has raised $40 million to develop the Copper Rand 5000 project in the Chibougamau camp of northern Quebec.The financing consists of a $30-million loan from a major…
GOLD AND PRECIOUS METAlS — Mindoro to proceed to next phase at Agata
MRL Gold, the Philippine subsidiary of Mindoro Resources (MIO-A), has opted to continue exploring the Agata gold project after receiving encouraging results from preliminary work programs.Agata covers…
GOLD AND PRECIOUS METALS — Claude buys Tartan Lake mine in Manitoba
As a result of an aggressive acquisition spree, Saskatoon-based Claude Resources (CRJ-T) has moved several steps closer to its goal of producing 150,000 oz. gold per year by the turn of the century.Th…
GOLD AND PRECIOUS METALS — Don Mario drilling nears completion
Junior Orvana Minerals (ORV-T) has nearly completed a diamond drilling program at its Don Mario copper-gold property in eastern Bolivia.Over 82% of the planned 6,100 metres has now been drilled, with …
GOLD AND PRECIOUS METALS — Band-Ore confirms PGE discovery
Preliminary drilling at the Windward project, 50 km southeast of Timmins, Ont., has uncovered significant polymetallic values, Band-Ore Resources (BAN-T) has reported.The drilling intersected nickel, …
GOLD AND PRECIOUS METALS — Lyon Lake writes down properties
Citing continued low gold prices, Lyon Lake Mines (LLL-M) is writing down the value of its gold properties in Costa Rica and Canada.For the fiscal year ended Dec. 31, 1997, the Montreal-based junior r…
GOLD AND PRECIOUS METALS — Cross Lake reports platinum-palladium find
Drilling by East West Resource (EWR-V) has led to the discovery of a zone of platinum-palladium and nickel-copper mineralization at the Reeves-Sewell project, 50 km southwest of Timmins, Ont.The Reeve…
GOLD AND PRECIOUS METALS — Anzex drills for platinum in New Zealand
Anzex Resources (AZX-V) has initiated a drill program at its wholly owned Longwood project on New Zealand’s South Island.Anzex’s exploration licence covers the entire Longwood igneous complex, which t…
Quaterra acquiring Sonora ground from Kennecott
With an eye toward acquiring exploration properties in northwestern Mexico, Quaterra Resources (GTA-V) has closed a brokered private placement of 3 million units priced at 19cents each. The transactio…
Companies (May 18, 1998)
Abacus MineralsAber ResourcesAdrian ResourcesAlberta EnergyAnglo AmericanAnglogoldAshanti GoldfieldsAshton Mining of CanadaAur ResourcesAurado ExplorationAurizon MinesBarrick GoldBattle Mountain Canad…