Diadem, partners outline targets
Partners Diadem Resources (DIR-M) and Bresea Resources (BSR-M) are testing several base metal targets at their Belitung project in Indonesia.Bresea has a 60% interest in the project, Diadem holds 30%,…
Articles by Northern Miner Staff
EXPLORATION 1997 — Solomon, Channel hit gold zone
The first phase of a drill program at the Bombore gold project in Burkina Faso is returning encouraging gold values for Solomon Resources (SRB-V) and Channel Resources (CHU-V).The best hole, 80, hit 6…
EXPLORATION 1997 — Altavista to option Wild Mick property
Montreal-based junior Altavista Mines (AIA-M) can acquire a half interest in Toronto-based Inmet Mining’s (IMN-T) Wild Mick gold prospect in Zimbabwe.Comprising 22 sq. km, the property lies 22 km sout…
Sampling program adds lustre to Pacific’s Chupukama prospect
Channel sampling at the Chupukama Ridge prospect on the Solomon Islands near Papua New Guinea has returned promising results for Western Pacific Gold (WPI-A).Samples taken up a landslip face, on which…
NEWS IN BRIEF (March 10, 1997)
Electra Mining Consolidated (ELC-V) has changed its name to Electra Gold (ELT-V).
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…