NEWS IN BRIEF (March 10, 1997)
Electra Mining Consolidated (ELC-V) has changed its name to Electra Gold (ELT-V).
Articles by Northern Miner Staff
Black Swan Gold acquires company
Junior Black Swan Gold Mines (BSW-T) has acquired private Brazilian company Sul Amrica Mineraao and announced a 5-to-1 share consolidation.The company paid US$1.3 million to the vendor and issued him …
Waseco, Blue Emerald find gold
In a grassroots program, Waseco Resources (WSCO-C) and Blue Emerald Resources (BER-V) have identified several gold prospects at the Walang project in Indonesia.The project comprises 7,625 ha on the no…
EXPLORATION 1997 — NFX to explore northern Ontario
A recent $1.6-million financing will provide funds for NFX Gold (NFXG-C) to explore various properties in northern Ontario.The junior company’s primary focus will be the Cheminis mine and Raven River …
EXPLORATION 1997 — A few juniors keep hopes high for a second Eastern Deeps
Although the crowd of juniors searching for nickel near the Voisey’s Bay deposit in Labrador is thinning, a few hangers-on are still searching for an extension of the Eastern Deeps zone.That zone, a p…
EXPLORATION 1997 — NEWS IN BRIEF (March 10, 1997)
Calco Resources (KLC-V) has changed its name to Berkshire International Mining (BKR-V) on a 1-new-for-10-old-share basis.
EXPLORATION 1997 — Tri-syndicate stakes more claims in Quebec
The syndicate formed by Quebec city-based juniors Virginia Gold Mines (VIA-M), Vior Mining Exploration (Vio-M) and Azimut Exploration (AZM-M) has staked an additional 179 claims south of the Lac Volan…
EXPLORATION 1997 — PNG promotes the development of small mines
The mining industry in Papua New Guinea (PNG) is dominated by world-class deposits, mainly because the significant political risk and lack of infrastructure there have shaped the industry so that only…
Partners boost resource at Antamina
Toronto-based Rio Algom (ROM-T) and Inmet Mining (IMN-T) have upped the resource estimate for their jointly held Antamina copper-zinc project, 480 km north of Lima, Peru.Results from the first 61 hole…
NEW HORIZONS — Radars a lofty tool
Radar imaging is a powerful tool for mineral exploration, though, like any tool, it has its limitations.The Landsat MSS satellite, for example, was originally promoted as a panacea for exploration com…
PEOPLE — GOLD RESERVE (March 10, 1997)
James Geyer appointed senior vice-president; Richard Kehmeier appointed vice-president of exploration; and Mary Smith appointed vice-president of administration.
George Soros’s Marshall Plan
Capitalism has been good for George Soros, so it is not surprising that the wealthy American businessman raised eyebrows when he argued, in a recent essay in The Atlantic Monthly, that the main enemy …