PEOPLE — AKASH VENTURES
T. Spilsbury appointed director.
Articles by Northern Miner Staff
LATIN AMERICA — Procoloro updates Yurani resources
Val d’Or, Que.-based Procoloro Resources (PCH-M) has updated the resource estimates for its Yurani gold mine, in northwestern Colombia.Kilborn-SNC-Lavalin has calculated indicated and inferred resourc…
LATIN AMERICA — Gen. Minerals hits high-grade skarn
Junior General Minerals (GNM-T) has intercepted high-grade copper-gold values at the Pajaritos property in Chile.The company completed eight holes, all of which intercepted anomalous values. The high-…
LATIN AMERICA — New drill results add lustre to Victoria project in Peru
Four holes drilled on the Victoria gold project in Peru have returned significant results for equal partners Pangea Goldfields (PGD-T) and Sundust Resources (SDST-C).The holes, which were drilled on t…
LATIN AMERICA — NEWS IN BRIEF
Calgary-based Hampton Court Resources (HCR-A) has applied for the right to explore three mineral concessions in southern Ecuador. The land package is reported to cover placer gold occurrences.
LATIN AMERICA — Corner Bay arranges financing
A recent private placement is expected to provide gross proceeds of $8.7 million for Corner Bay Minerals (BAY-T), a junior company actively exploring for copper and gold in Canada, the southwestern U….
LATIN AMERICA — Bema reports loss despite Refugio startup — New heap-leach operation generates profits of US$4.2 million
Despite having brought Chile’s Refugio gold mine into production, Bema Gold (BGO-T) found itself in the red at the end of 1996.The company recorded a loss of US$2.7 million (or 5 cents per share), com…
LATIN AMERICA — Sulliden drilling in northern Peru — First-phase program to test gold-silver property
Junior Sulliden Exploration (SUE-M) has kicked off the first phase of an exploration program on Las Huaquillas, a gold-silver property in northern Peru.Two drills are being employed to complete a 5-ho…
Kimberlites prove elusive for Kennecott in S.E. Alberta
A drill program aimed at uncovering kimberlites on the Masumeka property in the Hinton area of Alberta has proved unsuccessful.Kennecott Canada tested eight high-priority magnetic targets in a program…
LATIN AMERICA — Exploration by Minefinders expands potential of Chabacan Main zone — Recent drill programs have extended preliminary resource estimate
Although previous exploration of the East zone in the Chabacan target area produced mixed results for Minefinders (MFL-V), recent drilling on the Mexican property has extended the Chabacan Main zone f…
MOST ACTIVE ISSUES (April 07, 1997)
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LATIN AMERICA — Aur Resources off to strong start at Andacollo
Aur Resources’ (AUR-T) first mine outside of Canada, the Andacollo open pit in Chile, began producing cathode copper on schedule in November 1996 and is expected to reach full production by June of th…