Drills turn at Murray Brook
Darmouth, N.S.-based NovaGold Resources (NRI-T) will shortly begin a second phase of drilling on its Murray Brook massive sulphide deposit, 60 km west of Bathurst, N.B.The program, which will consist …
Articles by Northern Miner Staff
Noront, Alto add potential to Windfall
Partners Noront Resources (NOR-V) and Alto Minerals (ATO-V) are following-up encouraging drill results with a geophysical survey at the Windfall Lake gold project in Quebec’s Urban Twp.The program, ai…
NEWS IN BRIEF (April 06, 1998)
Even Resources (EVN-V) has changed its name to Plata Minerals (PMR-V) on a 1-new-for-7-old-share basis.
Peruvian Gold launches bid for Gabriel
With a healthy cash position of approximately $12 million, Peruvian Gold (PVO-V) has taken a shine to the eastern European gold projects of Gabriel Resources (GVU-V) and has arranged to merge with the…
Finsch prepares for middle age — Increased automation important to underground success
Lime Acres, South Africa — The miner’s instinct to get an obstacle out of the way with a drill and a few sticks of powder is usually a reliable one.But what do you do with an obstacle that is made of…
Sutton to raise funds for Bulyanhulu gold project
A syndicate of investment dealers, led by Bunting Warburg, has agreed to purchase 4.75 million shares of Sutton Resources (STT-V) at $10.65 per share, for gross proceeds of $50.6 million.The underwrit…
Challenger eyes Wawa region
A joint-venture agreement has set the stage for three junior companies to explore a combined land package in Leclaire Twp., about 50 km northwest of Wawa, Ont.Challenger Minerals (CGJ-V) has agreed to…
LATIN AMERICA — Blue Desert extends Enero
Vancouver-based junior Blue Desert Mining (BDE-A) continues to outline a copper deposit at its Enero property in central Chile, 150 km north of Santiago.Geophysical work on the newly discovered Mulas …
Armada finances Siberian project
Junior Armada Gold (AAU-T) has closed a $1.4-million private placement with Levesque Beaubien Geoffrion aimed at financing exploration work in Siberia and Mongolia.The financing consists of 6.6 millio…
Minorca teams with Tan Range — Work program under way at Itetemia
Juniors Minorca Resources (MAR-T) and Tan Range Exploration (TNX-A) will shortly sign a formal agreement to jointly explore the latter’s Itetemia gold property in the Lake Victoria Goldfields region o…
LATIN AMERICA — Eloro warms to gold potential of Guatemala
An increasingly stable political climate and positive changes to mining and tax legislation are making Guatemala a more attractive destination for Canadian junior explorers.The country’s 36-year civil…
LATIN AMERICA — Diagem seeking more Brazilian diamonds
To illustrate that all that glitters is not gold, Diagem International Resource (DGM-V) recently invited the The Northern Miner to view an 80-carat diamond being polished in Vancouver, B.C.The diamond…