Inmet cranks up Akie drilling
Drilling has resumed on the Akie deposit in northern British Columbia, reports 40% owner Ecstall Mining (EAM-V).Inmet Mining (IMN-T), which holds the remaining 60%, has budgeted $1.5 million for a 4,6…
Articles by Northern Miner Staff
Holmer Gold boosts exploration budget
The exploration budget for a portfolio of properties that stretches from Ontario to Cuba has been increased to $2 million, reports Holmer Gold Mines (ASE).Work is under way on Holmer’s gold property i…
Meetings (May 27, 1996)
MeetingsMay 27, AfrioreMay 27, DiabiorMay 28, Baja GoldMay 28, CopperstoneMay 28, IncoMay 28, Inter-Rock GoldMay 28, Loki GoldMay 28, Mongolia GoldMay 28, Peruvian GoldMay 28, Platinova A/SMay 29, Aca…
ANNUAL REPORT REVIEW — Trillion expanding exploration in West Africa
In exchange for 1 million treasury shares, Trillion Resources (TSE) is acquiring a 51% interest in CMC (West Africa), a subsidiary of Consolidated Mining Corp. of South Africa.CMC’s main assets are th…
Lawsuit may delay takeover — Inco shareholders give nod to Voisey’s Bay
Lawyers working for Inco (TSE) are reviewing a lawsuit which could stall, if not stop, the company’s imminent takeover of Diamond Fields Resources (TSE).Shareholders of Diamond Fields Resources (DFR) …
SOUTHEAST ASIA SPECIAL — Companies must learn political ropes
Mining operations in Southeast Asia must cope with some of the most difficult conditions in the world. But whereas obstacles created by thick jungle, mountainous terrain and swamp- land can, for the m…
SOUTHEAST ASIA SPECIAL — Pacific Amber tests Tujang property
An exploration program by Pacific Amber Resources (VSE) has identified three prospective zones on the Tujang property in Kalimantan, Indonesia.The junior has a 90% interest in the 25,000-hectare prope…
Greystar and Churchill to drill Angostura property in Colombia
An initial phase of 6-7,000 metres of diamond drilling is planned for the Angostura project in northeastern Colombia.Churchill Resources (VSE) is funding the program under an option that gives the com…
Viceroy Res. adds to its treasury
Viceroy Resources (TSE) has agreed to sell 3.3 million special warrants to a group of underwriters at $8.65 each. The financing deal is subject to completion of a proposed merger with Loki Gold (TSE) …
NEWS IN BRIEF (May 27, 1996)
Conquest Exploration (CQX: VSE) has changed its name to International Conquest Exploration (ICX:VSE) on a 1-new-for-3-old-share basis.
ANNUAL REPORT REVIEW — Metallica options Los Choros copper-gold project in Chile
Toronto-listed Metallica Resources (TSE) has entered into a joint venture with a private Chilean company to explore and possibly develop the Los Choros copper-gold property in north-central Chile.The …
ANNUAL REPORT REVIEW — NEWS ROUNDUP — Goldnev, Starcore plan Niatak work
Partners Goldnev Resources (VSE) and Starcore Resources (VSE) will resume work on their Niatak Island property, 40 km east of the Voisey’s Bay nickel-copper-cobalt discovery in Labrador.The companies …