EXPLORATION 1998 — NovaGold plans programs
NovaGold Resources’ (NRI-T) wholly owned subsidiary, Murray Brook Resources, has begun a 6,000-ft. diamond drilling program at the Murray Brook massivesulphide deposit in northeastern New Brunswick.Th…
Articles by Northern Miner Staff
EXPLORATION 1998 — Campbell plans further exploration at Santa Gertrudis mine property
At its Santa Gertrudis mine in northern Mexico, Campbell Resources (CCH-T) has completed an exploration program designed to delineate easily accessible deposits that would lend themselves to near-term…
EXPLORATION 1998 — Royalty sisters report reserve boost at Ken Snyder
Low gold prices translated into lower earnings for Franco-Nevada Mining (FN-T over the 9-month period ended Dec. 31, 1997.The royalty company reported income of $37.9 million (or 50cents per share) on…
EXPLORATION 1998 — Winspear drills Wekusko
While diamond prospects in Canada’s North remain its primary focus, Winspear Resources (WSP-V) is helping fund a drill program now testing the Wekusko property about 45 miles southeast of Snow Lake, M…
EXPLORATION 1998 — Gabriel exploring historic Romanian gold district — Program seeks to upgrade resource
Initial drill results from the Rosia Montana gold project of Gabriel Resources (GBU-V) have proven encouraging.The program is designed to upgrade the resource at the Romanian deposit, which stands at …
EXPLORATION 1998 — Republic to sell Congress
Toronto-based Republic Goldfields (RGF-V) has agreed to sell its Congress gold project and related assets to an undisclosed purchaser for the bargain-basement price of US$250,000. The Congress propert…
EXPLORATION 1998 — Yamana granted first CoW, awaits approval for eight more
Yamana Resources (YRI-T) has secured its first contract of work (CoW) from the government of Indonesia on its Block 1 property in Kalimantan.On Feb. 19, the Indonesian Minister of Mines and Energy sig…
EXPLORATION 1998 — Aripuana deposit in Brazil displays base metal potential
— Drill results point to higher-than-expected zinc valuesDrilling by Noranda (NOR-T) on the Aripuana joint venture in southwestern Brazil has returned encouraging base metal values.The major, which i…
EXPLORATION 1998 — Juniors continue gold search in Quebec
Partners Noront Resources (NOT-V) and Alto Minerals (ATO-V) will resume drilling this month at their Windfall Lake gold and base metal project in Quebec’s Urban and Barry twps.The juniors are encourag…
EXPLORATION 1998 – NEWS ROUDUP — Laramide eyes ground in Zacatecas
Toronto-based Laramide Resources (LAM-T) has joined the rush to acquire ground in Zacatecas state, Mexico. Spurred by the success of partners Teck and Western Copper at San Nicolas (see story, page E1…
Index (March 09, 1998)
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STOCK MARKETS — Western markets see the sun through the clouds — Greystar, Great Basin rise on strength of encouraging results
The Vancouver Stock Exchange composite index gained 17.65 points, or 2.9%, to close at 630.65 over the report period ended March 3. The mining index followed that trend, rising 13.47 points, or 2.7%, …