Drill testing under way at Dunkwa property
Encouraging drill results have been obtained by Battle Mountain Gold (BMG-N) on the Dunkwa property in the Ashanti gold mining region of south-central Ghana.The company is working to earn a 65% intere…
Articles by Northern Miner Staff
DIAMOND PAGE — Ditem options diamond prospect from Uranerz in northern Quebec
Montreal-based junior Ditem Explorations (DIT-M) has entered into an option agreement with German-owned Uranerz Explorations and Mining on a diamond property situated in the Otish Mountains of norther…
Chesbar drills at La Salle
Chesbar Resources (CBI-M) has completed a major round of diamond drilling at its La Salle I gold property on the company’s Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre p…
Indo Metals funds work
Indo Metals (IOM-V) has completed a brokered private placement of 1.96 million units at 60cents each, for total proceeds of $1.17 million. Each unit consists of one share and half a share purchase war…
Meetings (April 20, 1998)
Apr. 21, AnooraqApr. 21, Bitterroot ResourcesApr. 21, CherryhillApr. 21, Diamond FieldsApr. 21, Highview ResourcesApr. 21, Orion Int’lApr. 21, Yanks PeakApr. 22, AMT Int’l MiningApr. 22, Beau CanadaAp…
Waseco secures financing
A private placement of 1 million common shares of Waseco Resources (WSCO-C) will be used to finance an engineering study on modifying a dredge unit for alluvial gold production at Waseco’s Tewah prope…
Kinross eyes stake in True North
Through a private placement in La Teko Resources (LAO-V), Kinross Gold (K-T) has demonstrated its interest in purchasing the majority share of the True North deposit in Alaska, held by Newmont Mining …
Inuit push for infrastructure in Nunavut — Mining symposium aims to ease concerns about regulatory hurdles
Cambridge Bay, N.W.T. — While the new territory of Nunavut (pronounced noon-a-vut) will not gain official status until April 1999, Inuit organizations are already launching programs to attract mining…
Cons. Nevada hits high grade
Drilling by Consolidated Nevada Goldfields (KNV-T) has intercepted high-grade gold values at the Nixon Fork gold mine, near McGrath, Alaska.Beneath the C-3300 level, four holes encountered narrow inte…
PEOPLE — MINERA SIERRA MADRE
Peter Holmes appointed chairman and CEO. Arturo Bonillas Zepeda appointed president.
PEOPLE – GOLDCORP
R. Bruce Humphrey appointed vp gold operations; Gilles Filion appointed vp exploration; Robert Van Tassell appointed vp business development. Floriana Cipollone appionted vp finance; and Abraham Rubin…
Financings
Ecstall Mining (EAM-V) has arranged a best-efforts brokered private placement of up to 1.33 million units at 31cents per unit, for net proceeds of $360,000.Each unit consists of one share and half of …