Dia Met set to drill Finnish targets
Dia Met Minerals (DMM-T) has identified 169 potential kimberlite targets in parts of central and northern Finland.In total, 125 claims were staked in an attempt to cover the targets. Until recently, t…
Articles by Northern Miner Staff
EXPLORATION 1997 — Easton granted prospecting licence
The government of Angola recently awarded to Easton Minerals (EM-V) a base and precious metals prospecting licence in the Hula district.The licence covers a large, layered anorthosite complex believed…
EXPLORATION 1997 — Caledonia provides resource estimate for Nama
An independent consulting firm has calculated inferred resources for Caledonia Mining’s (CAL-T) cobalt oxide discoveries at the Nama project in Zambia.Based on the results of a widely spaced drill pro…
STOCK MARKETS — Franciso find excites western markets
The Vancouver Stock Exchange resource came to life over the report period ended March 4, rising 132.68 points, or 5.57%, to close at 2,513.88. The composite index closed up 68.36 points, or 5.41%, at …
EXPLORATION 1997 — Phelps Dodge expands in Mexico
Partners Phelps Dodge (PD-N) and Corner Bay Minerals (BAY-T) have expanded the land package surrounding their jointly held Cerro Verde copper project in northwestern Mexico.Phelps Dodge negotiated thr…
EXPLORATION 1997 — BMG plans busy year
Armed with a US$35-million exploration war chest for 1997, Battle Mountain Gold (BMG-N) plans to explore early-stage properties in North America and overseas, as well as advanced targets near its exis…
METAL PRICES — FREE MARKET (March 10, 1997)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateMar. 4Mar. 3Feb. 28Feb. 27Feb. 26…
EXPLORATION 1997 — Russian financing a boon to High River
A Russian gold producer whose single largest shareholder is Toronto-based High River Gold (HRG-T) has completed one of the largest foreign financing deals in Russia to date.Buryatzoloto, which is 22.9…
Vedron extends its Fuller gold target
A drill program at the Fuller property of Vedron Gold (VDGI-C), just east of Timmins, Ont., has extended the indicated mineralization to the property’s eastern boundary.Twenty-three holes were drilled…
McArthur River project shapes up for Cameco
An environmental review panel has recommended that Cameco (CCO-T) be permitted to develop the McArthur River deposit in Saskatchewan.The project, 620 km north of Saskatoon, is the largest, high-grade …
EXPLORATION 1997 — Nebex drills Walsh Lake property
A drill program by Nebex Resources (NBX-T) will test for extensions of known gold mineralization at the Walsh Lake property near Yellowknife, N.W.T.The company has a 75% interest in the property, whic…
EXPLORATION 1997 — Gen. Minerals hits high grade in Chile
General Minerals (GNM-T) has intersected high-grade, secondary-enrichment copper mineralization over significant widths at its Vizcachitas property in central Chile.Hole 16 returned (from 96.68 to 148…