Trillion still trenching in Mozambique
Partners Trillion Resources (TLO-T) and Greenhope Resources (GRH-M) have completed a soil and trenching program at the Muende gold property in Mozambique.The program outlined a 400-by-50-metre soil an…
Articles by Northern Miner Staff
First gold poured at Cortez mine
Mining at the Pipeline open-pit deposit has resulted in the first gold pour at the Cortez mine in Nevada’s Crescent Valley.The operation is a 60-40 joint venture between Placer Dome (PDG-T) and Kennec…
STOCK MARKETS — Metal markets carry Toronto exchange
The Toronto Stock Exchange gained 150.41 points (or 2.4%) over the report period ended March 11 to close at 6,305.46 points. With the exception of March 10, trading volumes were heavy, with three of t…
$14m financing for Geomaque
Toronto-based Geomaque Explorations (GEO-T) will raise $14 million, most of which will be used to acquire interests in Latin American projects.The company sold 4 million special warrants at $3.50 each…
Noront expands Ontario holdings
Toronto-based Noront Resources (NOT-V) has several new agreements in the offing.* The company has agreed to a 50-50 joint venture with private parties at its 195-claim base metal prospect in Hurdman t…
Lyon Lake encounters gold at Beta Vargas
In the latest round of drilling at the Beta Vargas concession in Costa Rica, Lyon Lake Mines (LLL-T) has intersected additional low-grade gold mineralization.Previous work outlined a deposit contained…
Cominco drill-tests Peruvian gold play
Drilling by the Peruvian subsidiary of Cominco (CLT-T) is aimed at outlining a large-tonnage gold deposit on the Minaspata property, 110 km southwest of the city of Cuzco.Results from the ongoing, 27-…
First Dynasty applies for rights
First Dynasty Mines (FDM-T) and its Indonesian partners have applied for exploration rights to 207,978 ha on the islands of Kalimantan and Java.Under the application, First Dynasty would effectively h…
Freegold updates resource estimate for Golden Summit project in Alaska
Vancouver-based International Freegold Mineral Development (ITF-V) has calculated gold resource estimates for four prospects at its Golden Summit project near Fairbanks, Alaska.*At the Dolphin prospec…
AMT International Mining outlines copper target at Old Reliable project
Toronto-based AMT International Mining (AAI-T) is attempting to outline economic copper mineralization at its Old Reliable deposit, near Tuscon, Ariz.A drill program at the deposit, which occupies the…
Oroperu and Pan American verify gold find on Tres Cruces project in Peru
Drilling by Oroperu Resources (OROP-C) on the Tres Cruces project in north-central Peru has verified the continuity of mineralization.Mineralization at the property, a 50-50 joint venture with Pan Ame…
Gold Funds (March 17, 1997)
Gold Funds as of March 6, 1997BGRCentralNet Value$23.11$6.15Price$18.25$5…