Tandem-NAR to expand program
At their Guibord Twp. property, 17 km east of Matheson, Ont., juniors Tandem Resources (ME) and NAR Resources (ME) are following up on mineralization intersected in drilling at the end of 1995.The com…
Articles by Northern Miner Staff
Drilling tests the Mampon discovery
Results are in hand for the first diamond drill hole to test the Mampon discovery at the Dunkwa property in Ghana.The hole returned an average of 0.21 oz. gold per ton over 200 ft., including 36 ft. o…
East West starts Red Lake program
Vancouver-listed East West Resource (VSE) has obtained funds to start a work program on its Heyson Twp. property near Red Lake, Ont.Line-cutting crews are on site, and have started a grid of about 40 …
Newhawk plans Nevada drilling
Reverse-circulation drilling will be applied to the Goldbanks property, 30 miles south of Win- nemuca, Nev.Newhawk Gold Mines (TSE) says the 5,000-ft. program is intended to test two targets.One of th…
Republic announces private placement
A recent agreement sets the stage for a private individual to buy 1 million units of Republic Goldfields (VSE) at 50 cents per unit, subject to regulatory approval.Each unit consists of one common sha…
Charles Fipke turns attention to gold exploration in Nevada
Charles Fipke, chairman of Dia Met Minerals (TSE), will oversee a gold exploration venture into Nevada.The $4-million work program will be operated by Dia Met, under the terms of a recent joint-ventur…
NEWS IN BRIEF (January 15, 1996)
Pacific Mariner Explorations (PMR:VSE) has changed its name to Abitibi Mining (ABB:VSE).
Newmont Gold opts to write down Grassy Mountain
After losing nearly a million ounces from its reserve base last year, Newmont Gold (NYSE) chose to write down its investment in the Grassy Mountain property in eastern Oregon.The major acquired the pr…
USMX moves ahead with Illinois Creek
The Illinois Creek gold project in Alaska is undergoing a feasibility study as environmental permitting is carried out.USMX (NASDAQ) hopes to have final permits in hand as early as June.The gold-silve…
Echo Bay bows out of Colorado property
Having completed diamond drilling and a project review, Echo Bay Mines (TSE) has decided to terminate its option agreement with Hendricks Minerals Canada (CDN) for the Cross mine near Nederland, Colo….
Golden Queen boosts reserves at Soledad
Drilling at the Soledad Mountain gold project near Mohave, Calif., is firming up reserves for Golden Queen Mining (TSE).The company hopes to make a production decision affecting the open-pit, heap-lea…
Euro-Nevada to finance development at Midas
Royalty company Euro-Nevada Mining (TSE) plans to raise between $52 million and $65 million to finance development of the Midas project in Nevada, in which it has a half interest.The company will issu…