CaribGold outlines resource in Cuba
Drilling on the Camaguey concession in Cuba indicates to CaribGold Resources (CG-T) that its Beatriz prospect contains a geological resource of 1.1 million tonnes grading 4.73 grams gold per tonne.The…
Articles by Northern Miner Staff
MEXICO AND CENTRAL AMERICA — Silver Standard gains new Mexican project
Silver Standard Resources (SSO-V) has acquired its fourth Mexican silver project, in the Gulf Coast state of Veracruz.Comprising 84 ha, the Morelense property lies 150 km east-southeast of the port ci…
Cepeda finds high-grade gold in South Carolina
Alberta-based Cepeda Minerals (CMM-V) has discovered a pocket of high-grade gold mineralization at its Buzzard property in South Carolina.The company encountered near-surface gold grades in eight of t…
Westmin acquires Gibraltar Mines
In a takeover move, Westmin Resources (WMI-T) has acquired Gibraltar Mines (GBM-T) by buying some 30.6 million (92.4%) of its outstanding common shares.The deal is worth an estimated $307 million.West…
Gold output slips at Albino mine in Venezuela
Delays in mill modifications are taking their toll on 1996 production levels at the Albino gold mine in Venezuela.Vancouver-based Crystallex International (KRY-T) reports that the open-pit mine is exp…
Alta Gold expands Olinghouse
Summer drilling has confirmed the presence of a new deposit at the Olinghouse gold property in northern Nevada.Alta Gold (ALTA-Q) reports that 50 of the 68 holes drilled in an area known as Green Hill…
MEXICO AND CENTRAL AMERICA — NEWS ROUNDUP — Energold drills at El Centario
After meetings with government officials, Energold Mining (EGD-V) was granted approval to continue its 50-hole, reserve definition drill program at El Centario gold deposit in the Dominican Republic.B…
MEXICO AND CENTRAL AMERICA — American Manor evaluates Panamanian gold property
Halifax-based American Manor (ANO-A) has begun drilling for gold and silver in central Panama’s Colon province.The company is carrying out a planned 10,000-ft. program on the Santa Rita concession. Th…
MEXICO AND CENTRAL AMERICA — NEWS ROUNDUP — San Fernando sells La Fortuna
Vancouver-based San Fernando Mining (SNF-T) has completed the sale of its La Fortuna gold property in Mexico’s Durango state to Alamos Minerals (AAS-V).To acquire the property, Alamos paid San Fernand…
MEXICO AND CENTRAL AMERICA — NEWS ROUNDUP — Venoro drills in Costa Rica
Results are expected shortly from a reverse-circulation drill program carried out by Venoro Gold (VNG.A-V) at its La Union gold project in Costa Rica.More than 3,000 metres of drilling had been comple…
MEXICO AND CENTRAL AMERICA — Teck explores El Salvador
A diamond drill program operated by Teck (TEK-T) is under way at El Salvador, a property in the Central American country of the same name.The project is a joint-venture whereby Teck has a 55% interest…
Correction (October 28, 1996)
A report on staking activity near the Sept-Iles region of Quebec (T.N.M., Oct. 21/96) included incorrect information relating to claims acquired in the region by Golden Tag Resources (GOG-V). The samp…