Spot prices at a glance (February 17, 1997)
Wednesday, February 12, 1997Price (US)Week’s ChangeGold*$336.90- $6.25Silver*$ 4.8…
Articles by Northern Miner Staff
Azimut options Abitibi properties
Quebec-based Azimut Exploration (AZM-M) will spend at least $200,000 in 1997 to test two newly optioned properties in the province’s Abitibi greenstone belt.The junior can earn a 50% interest in the F…
STOCK MARKETS — Composite and resource indices flatten VSE
The Vancouver Stock Exchange composite index lost 4.5 points over the report period ended Feb. 11, to close at 1,213.71, while the resource index dropped 11 points to finish at 2,262.15.The combined v…
Etruscan outlines gold zones at Kossa permit in Niger
Based on preliminary results of a geophysical program, Etruscan Enterprises (EET-V) has identified two major zones of interest on the Kossa permit in Niger’s Liptako gold district.The junior holds an …
Mines in the making — Crown Jewel closer to production
After five years of studies and consultations with local communities and native groups, Battle Mountain Gold (BMG-N) has announced the completion of an environmental impact statement (EIS) for its Cro…
THE DIAMOND PAGE — Chinese diamond deal revised
Amendments have been made to an option agreement allowing Kensington Resources (KRT-V) to buy 50% interests in three diamond joint-ventures in China’s Shandong province.The agreement affects Kensingto…
OBITUARY — Lomer D’Aigle
Lomer D’Aigle, who discovered several significant orebodies in Canada’s Far North, has died. He was 76.A native of Toronto, Mr. D’Aigle graduated from McGill University in 1950 with a degree in geolog…
THE DIAMOND PAGE — SouthernEra finds more fissures at Klipspringer
SouthernEra Resources (SUF-T) has discovered three new kimberlite occurrences at its Klipspringer project in South Africa.A kimberlite fissure with an estimated width of 1.5 metres was encountered in …
Coleraine Mining cuts gold at Perron property
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has received encouraging drill results from its Perron gold project in the northern Abitibi belt in Quebec.Hole 2 intersected 2.2 metres (f…
Kinross cuts gold on Hoyle property
In the Timmins camp of Ontario, drilling carried out by Kinross Gold (K-TSE) on the Hoyle property has determined that previously drilled gold mineralization has continuity at depth.The property is he…
Mines in the making — Placer inks deal for Las Cristinas
Construction will begin on the Venezuelan gold mine known as Las Cristinas, following an agreement signed by Placer Dome (PDG-T) and state-owned Corporacion Venezolana de Guayana.The agreement was sig…
Mines in the making — Homestake building Ruby Hill
A new heap-leach gold mine under construction in central Nevada is expected to become the lowest-cost producer of Homestake Mining (HM-N).When it is up and running later this year, the Ruby Hill mine …