Rio Algom discovers copper in Chilean desert
Bypassing the roundabout, acquisitive route followed by most major mining companies, Rio Algom (ROM-T) has made its own substantial grassroots discovery in Chile.The company has outlined a large coppe…
Articles by Northern Miner Staff
Kazakstan turns down proposal
The government of Kazakstan has rejected a proposal made by Teck (TEK-T) and First Dynasty Mines (FDM-T) to develop the Vasilkovskoye gold deposit.Situated in the country’s northern region, the deposi…
PEOPLE — SPIRE VENTURES (January 20, 1997)
Scott Keevil appointed chairman; and R. Buchanan appointed president, chief executive officer and director.
Timbuktu Gold set to drill in Mali
Drilling at Timbuktu Gold’s (TBT-A) Sitakili gold concession in Mali is set to begin, while a meeting to change the company’s name has been postponed.The Calgary-based junior has contracted Boart Long…
SPOT PRICES AT A GLANCE (January 20, 1997)
Wednesday, January 15, 1996Price (US)Week’s ChangeGold*$352.45- $3.35Silver*$ 4.65…
Meridian books a passage to India
Junior Meridian Peak Resources (MRK-V) is forming a subsidiary to explore for gold in India.Although the formation of Meridian Minerals India (MMI) is still subject the the approval of Indian regulato…
Gitennes arranges placement with Teck
Gitennes Explorations (GIT-A) has arranged a $4.2-million private placement financing with Teck (TEK-T) to help fund exploration in Peru.The transaction includes 1 million units of Gitennes at $4.20 e…
Goldbrook Explorations options gold property near Wawa
Junior Goldbrook Explorations (GDK-A) can earn a half interest in the Jubilee-Surluga gold property, near Wawa, Ont., from Citadel Gold Mines (CIGD-C).The 5,968-acre property includes 12 former gold m…
Fairfield Minerals tests targets near Siwash zone
Diamond drilling at the Siwash gold mine near Merritt, B.C., continued during the third quarter of 1996, and Fairfield Minerals (FFD-T) remains encouraged by the results.Forty-two holes, drilled over …
NDU Res. ups reserve at Yukon’s Marg property
A 26-hole program of infill and delineation drilling program completed by NDU Resources (NDU-T) on the Marg property in the central Yukon during 1996 has significantly boosted reserves.A drill-indicat…
Drill results add color to Albino
Drilling at the Albino 1 gold property in Venezuela has expanded reserves for owner Crystallex International (KRY-T), while, at the same time, adding promise to other nearby targets.The results stem f…
Fort Knox eyes Klu and Nikolai
Toronto-based junior Fort Knox Gold Resources (FNX-T) will earn a 45% interest in the Klu and Nikolai properties of Inco (N-T).The Klu comprises 526 contiguous claims totalling 11,000 ha in the Yukon,…