NEVADA — Blue Desert explores Snowstorm project
A first-phase exploration program is planned by Blue Desert Mining (BDE-V) for the Snowstorm project in the Midas district of Nevada.The district is a new gold camp being established in the northern p…
Articles by Northern Miner Staff
NEVADA — Bullion Monarch controls Knomex
Bullion Monarch (BMRK-O) has acquired an 80% controlling interst in Toronto-based Knomex Resources (KNO-A) by purchasing 20 million units at 20 cents per unit.A unit consists of one share and one warr…
NEVADA — X-Cal attempts to rouse Sleeper gold mine — Junior signs option agreement with Amax Gold
Vancouver-based junior X-Cal Resources (XCL-T) plans to restart mining operations at the Sleeper gold project, a past producer situated in the Slumbering Hills, some 30 miles north of Winnemucca.In Ap…
NEVADA — Eastfield Resources plans exploration program in Nevada
Gold projects in Nevada will provide an exploration focus for Eastfield Resources (ETF-V), a Vancouver-based junior which earlier this year announced plans to spin off its Canadian assets.Eastfield ex…
The amended Mining Law
There has been talk of mining law reform in virtually every U.S. Congress since 1866. The battle over the Mining Law of 1872 in the current Congress is being led by California Democratic Representativ…
THE DIAMOND PAGE — Winspear, Aber pull more kimberlite in N.W.T.
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have pulled more kimberlite from their Camsell Lake project, near Snap Lake in the Northwest Territories. A second vertical hole into Ano…
MOST ACTIVE ISSUES, May 21-27
ExchgVol(000s)CloseT.K.O. ResV83611.15Pure Gld ResT…
NEVADA — Homestake Mining adds — Ruby Hill to crown jewels — Construction under way for initial production in late ’97
Two years of exploration near Eureka Cty. in central Nevada are beginning to pay off for Homestake Mining (HM-N) as its Ruby Hill gold deposit nears production.The US$65.4-Million Ruby Hill project is…
Metal Prices — Daily Metal Prices (June 02, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 27May 26May 23May 22May 2…
Nebex options Italian properties
A recent letter agreement sets the stage for Nebex Resources (NBX-T) to earn a 70% interest in three gold properties in southern Italy.To earn the interest from the vendors, Nebex must spend $1 millio…
KWG, Falco outline anomaly in DR
Early exploration efforts by partners KWG Resources (KWG-T) and Falconbridge (FL-T) on the Managua prospect in the Dominican Republic have proved fruitful.Managua, a 1.6-by-0.6-km induced-polarization…
Treminco gains stake in Bruceside
Treminco Resources (TMO-T) will pay $4 million to Newhawk Gold Mines (NHG-T) for its 60% interest in the Bruceside-Sulphurets gold-silver project in northwestern British Columbia.A $2-Million payment …