Auriginor buys Voisey’s Bay interests
Montreal-listed Auriginor Exploration has acquired a 32% share of eight claim blocks from Palace Explorations (ME) in the Voisey’s Bay and Harp Lake regions of Newfoundland.To earn its interest in the…
Articles by Northern Miner Staff
Golden Shamrock to up production in Ghana
Despite a decrease in production and an increase in cash costs over the past year, Golden Shamrock Mine (TSE) is looking to turn its operations around in 1996.Production at the Iduapriem gold mine in …
Claude drilling on Saskatchewan and Manitoba property
Claude Resources (ASE), Saskatchewan’s largest gold producer, is beginning underground diamond drilling at its Seabee gold mine, on the property surrounding it and on a newly acquired property in Mani…
Canarc Resource resumes drilling on Guyanese property
Drilling has resumed at the Baramita property in northwestern Guyana.The property is held under a joint-venture agreement between Canarc Resource (TSE) and Echo Bay Mines (TSE). The latter invested US…
Diadem focuses on base metal play
In Newfoundland, drills are turning on the Pekan River property of Diadem Resources (ME).The property, which straddles the Quebec-Newfoundland border 50 km south of Wabush, Nfld., covers a copper-nick…
Dakota reports drill results at Stibnite
Results from drilling carried out in autumn, 1995, at the Stibnite gold mine in Idaho are sufficiently encouraging that follow-up drilling is planned.Dakota Mining (TSE) drilled 24 reverse-circulation…
Correction (February 26, 1996)
A preliminary resource estimate for the main prospect on the Kubi concession in Ghana, 90% of which is held by Nevsun Resources (VSE), is projected at 500,000 contained ounces, not 1.5 million oz. as …
Index (February 26, 1996)
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Armada raises funds for Baley study
Armada Gold (ASE) has completed equity financing worth $10 million in order to fund a feasibility study at the Baley open-pit gold project in eastern Siberia.Each unit consists of one class A common s…
Companies (February 26, 1996)
INDEXAber ResourcesAkiko GoldAntares M’gAranlee Res.Armada GoldAsarcoAtapa Min.Auriginor Expl.Band-OreBarrick Res.Battle Mtn GldBirim GldfldsBlack Hawk M’gBre-X MineralsBren-Mar Res.Bri…
NovaGold expands Maritime holdings
With the staking of 65 claims adjacent to its Sewell Brook base metal property in New Brunswick, NovaGold Resources (TSE) has increased its total holdings in the area to 247 claims.The company made it…
Golden Giant suspension hurts Hemlo’s bottom line
Production problems at the Golden Giant mine, near Marathon, Ont., took their toll on Hemlo Gold Mines (TSE) in 1995.Operations were suspended for 20 weeks following a 13-week strike and a 7-week shut…