CORUM RES.
Randy Anderson appointed director.
Articles by Northern Miner Staff
Troymin drill-tests St. Maurice
A 10-hole drill program on the St. Maurice project, near La Tuque, Que., has revealed low nickel grades on four exploration targets.Troymin Resources (TYR-M) drilled two holes on the Rochette West sho…
Magna readies Koala for drilling
Consolidated Magna Ventures (CMV-V) is targeting replacement-style massive sulphide mineralization at its Koala project in Mexico’s Chihuahua state.The junior can earn a 70% interest in the original 9…
Companies (December 15, 1997)
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
Northern Crown sizes up asset — Prefeasibility study estimates resource for Guadalupe de los Reyes
In a prefeasibility study, Northern Crown Mines (NCW-T) estimates its Guadalupe de los Reyes project in western Mexico contains a total of 12.1 million tonnes grading 1.94 grams gold and 40.7 grams si…
GOLD FUNDS (December 15, 1997)
Gold Funds as of December 4, 1997BGRCentralNetValue$14.71$5.73Price$ 9.70…
Plant boosts Armada revenue
Copper sales of $3 million from the Erdenet joint venture in northern Mongolia have boosted revenue for Armada Gold (AAU-T).Armada, which owns 49% of the project, generated $3.6 million in revenue dur…
Phelps Dodge bids for Cobre
Its formal bid now on the table, copper colossus Phelps Dodge (PD-N) is waging a public campaign for control of up-and-coming producer Cobre Mining (CBU-T).Early in November, Phelps Dodge caught Albuq…
DIAMOND PAGE — Messina Diamond reports loss
Messina Diamond (MSC.U-T) reported a loss of US$3 million in the 10-month period ended Sept. 30, despite the third-quarter sale of two diamonds weighing together more than 54 carats.Revenues from the …
DIAMOND PAGE — Bulk sample yields two gems for Ocean Res.
Ocean Resources (OCR-V) has recovered a pair of gem-quality diamonds from its Sunda Shelf joint-venture project off the coast of Kalimantan, Indonesia.A bulk sample consisting of 2,900 cubic metres of…
Goldcorp defines new shoots at Red Lake mine property
Exploration at the Red Lake mine of Goldcorp (G-T has defined several pipe-shaped structures in known high-grade zones and may have identified new mineralization near the mine’s western boundary.Thirt…
Gold industry pulls in its horns — Rating service downgrades producers; Kinross to close QR
The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…