Golden Hemlock plans more drilling in Sinaloa
Having carried out a first phase of exploration on its San Jose de Gracia gold project in western Mexico, Golden Hemlock Resources (GHE-V) is preparing to conduct follow-up drilling.The first phase co…
Articles by Northern Miner Staff
Barrick works to upgrade Diablillos project in Argentina — Company shares indirect interest in gold-silver project with Pacific Rim Mining
In an attempt to increase the resource of the Oculto gold-silver zone, Barrick Gold (ABX-T) has completed an 8,000-Metre drill program on the Diablillos property in the northwestern Argentine province…
METAL PRICES — Daily Metal Prices (May 19, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateMay 13May 12May 9May 8May 7…
Denison records first-quarter profit
Uranium and oil producer Denison Mines (DEN-T) earned $7.6 million (or 2 cents per share) on revenue of $20.4 million for the quarter ended March 1, compared with $3.2 million (1 cents per share) on $…
PEOPLE — PACIFIC RIM (May 19, 1997)
Thomas Shrake appointed chief executive officer.
PEOPLE — ORO BELLE — James Kelly and Michael Halvorson appointed directors.
Inter-Rock boosts reserves at Daisy mine
Successful bio-oxidation testwork on sulphide mineralization at the open-pit Daisy mine in Beatty, Nev., has enabled Toronto-based Inter-Rock Gold (IRO-T) to increase its reserve estimate for the proj…
Fairstar hits gold
Exploration at the Benso concession in Ghana has led to the discovery of a new gold zone, reports Fairstar Explorations (FFR-T).Following completion of an initial, 15-hole diamond drilling program, Fa…
PEOPLE — NEW BULLET
Stewart Behune, James MacIntyre and Jeffrey Lightfoot elected directors.
PEOPLE — MINESTAR
Daniel Lescamela appointed president and chief executive officer; Jon Stewart appointed chief operating officer; and J. McBride appointed director.
Verena Minerals intersects gold in Brazil
Toronto-based Verena Minerals (VMCO-C) has drilled several gold intersections on its Porto Nacional property in central Brazil’s Tocantins state.This first phase of drilling concentrated on areas prev…
PEOPLE — MADISON ENTERPRISES (May 19, 1997)
Catherine McLeod-Seltzer and James Stewart appointed directors.