Since taking the helm of Minefinders (MFL-V), following a corporate reorganization in August 1995, President Mark Bailey has remained focused on the exploration and development of the Dolores and Bols…
Rouyn-Noranda, Que.-based Maude Lake Exploration (MAU-M) is exploring its gold properties in the Abitibi greenstone belt.At the 4,050-ha Matheson property in the Destor-Porcupine fault, just northeast…
Vancouver-based Viking Gold (VGCN-C) has started drilling its Svartliden gold project in northern Sweden.The company can earn a 60% interest in the project by spending US$600,000 on exploration, and a…
Now that it fully owns the Soukoura polymetallic property in Burkina Faso, Kinbauri Gold (KNBR-C) is planning an aggressive program of exploration.The company recently acquired a 50% back-in interest …
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An option agreement will add 2,000 acres of mineral claims to a land package held by Major General Resources (MGJ-V) in the Green Bay area of northwestern Newfoundland.The company says the newly acqui…
Government officials estimate that $100 million was spent on mineral exploration in British Columbia last year, a 20% increase from 1995.The largest exploration program in 1996 was carried out by Roya…
Statistics compiled by Natural Resources Canada show that mineral exploration spending is on the rise in Canada.During 1996, exploration spending increased to $945 million from a 26-year low of $383 m…
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has found three gold-bearing zones at the Perron property, 12 km west of Normetal in northwestern Quebec.The first zone is associated with …
The Toronto Stock Exchange backed away from the record high of Feb. 25, falling 92.73 points during the report period ended March 4 to close at 6,155.05. Volumes were also smaller, averaging 104 milli…
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Like the handful of multinationals before them, a couple of Canadian juniors are tackling the challenges associated with exploration and mining in Papua New Guinea.Madison Enterprises (MNP-V) and Indo…
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