MOST ACTIVE ISSUES, Nov. 20-26
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Articles by Northern Miner Staff
Soledad Mountain deemed feasible
VANCOUVERA bankable feasibility study concludes that the Soledad Mountain project in Mojave, Calif., can be financed at current gold and silver prices.The study, conducted for Golden Queen Mining (GQM…
Avalon picks up pegmatite property
ronto-based Avalon Ventures (AVL-V) has concluded an agreement with two prospectors, giving it the option to acquire a property near Separation Rapids, 60 km north of Kenora, Ont.veral pegmatite-hoste…
Virginia set to drill La Grande Sud
Drilling by Virginia Gold Mines (VIA-M) is about to test a new gold target at La Grand Sud in the James Bay region of Quebec.Recent surface work identified a shear zone associated with a major contact…
STOCK MARKETS — Juniors add little to record-breaking week
The Toronto Stock Exchange began and finished the past week at record levels, though mining stocks contributed little to the cause. The TSE 300 composite index rose 1.19% during the report period ende…
Phelps Dodge finds copper system
Exploration by Phelps Dodge (PD-N) has uncovered a copper system at the Cerro Verde project in Mexico’s Sonora state.The major is earning a 60% interest in the project from Corner Bay Minerals (BAY-T)…
Regional OKs Imperial merger
Shareholders of Regional Resources (RGL-T) have approved the company’s proposed merger with Imperial Metals (IPM-T).Regional’s principal asset is the Midway project, an advanced-stage silver-lead-zinc…
EXPLORATION ROUNDUP — Hixon, Golden Rule investigate Stenpad
Trenching on the Stenpad concession in the Asankrangwa district of western Ghana continues to uncover encouraging gold grades.Hixon Gold Resources (HXG-V) is exploring the 6,938-ha concession, with jo…
EXPLORATION ROUNDUP — Cyprus options copper property
American copper giant Cyprus Amax Minerals (CYM-N) has optioned the Chimborazo property in Chile to Inmet Mining (IMN-T) and Agate Bay Resources (ABE-V).The option agreement permits Inmet and Agate Ba…
EXPLORATION ROUNDUP — Prism acquires Nevada project
A drill program will be carried out on Prism Resources’ (PRN-V) newly optioned gold property in Nevada’s Battle Mountain trend.The land package consists of 13 unpatented claims, about 22 miles southea…
EXPLORATION ROUNDUP — Espalau options Latin prospects
Quebec-based Espalau Mining (EPU-M) has acquired options on two gold properties in Ecuador, and a third in Chile.In Ecuador, Espalau has the option of earning a half interest in two producing concessi…
Golden Knight Res. takes quarterly loss on chin
Higher exploration and administrative costs, combined with a writedown of the Comidok property in West Africa, have resulted in a third-quarter loss for Golden Knight Resources (GKR-T).While revenue l…