Verdstone, Stirrup to drill in Nevada
Joint-venture partners Verdstone Gold (VSE) and Stirrup Creek Gold (VSE) will spend US$300,000 exploring the Victorine mine property, southwest of Austin, Nev.Surface and underground drilling will beg…
Articles by Northern Miner Staff
Positive feasibility in hand for Mineral Ridge project
With a positive feasibility study in hand, management of Cornucopia Resources (TSE) is aiming to bring its Mineral Ridge gold project into production by the first quarter of 1997.The project is situat…
MK Gold bearish on Asian gold play
A property evaluation has prompted MK Gold (NASDAQ) to write off a portion of its investment in the Jerooy gold project in Kyrghyzstan.The company will record a charge for the quarter ended Dec. 31, 1…
American finds new gold zone in Uruguay
At the San Gregorio gold project in northern Uruguay, American Resource (NASDAQ) has encountered a new zone of mineralization.The structure was intercepted in the footwall of the San Gregorio shear zo…
Aurizon and Louvem start production at Beaufor gold mine near Val d’Or
The Beaufor mine, near Val d’Or, Que., has begun churning out the yellow metal.Equal partners Aurizon Mines (TSE) and Louvem Mines (TSE) commenced production in early January. The miners’ changeroom a…
TVI Pacific narrows sights in Mindanao
In a year dominated by news from its porphyry copper and massive sulphide projects in the Philippines, TVI Pacific (TSE) has been making slow but steady progress in its search for epithermal gold in t…
Cartaway, Peruvian resume drilling
Drilling on the southern margin of the Harp Lake Intrusive Complex in Labrador was expected to have resumed by presstime.Vancouver-listed partners Cartaway Container and Peruvian Gold report that thre…
Program planned for Prosperity
A loan from a private company associated with Robert Dickinson, president of Taseko Mines (VSE), will provide $1 million in interim financing for the company’s Prosperity gold-copper project in centra…
Armistice defines gold zones at property in Virginiatown, Ont.
Drilling is virtually complete at the Virginiatown, Ont., gold property of Armistice Resources (ME).The 20,000-ft. program defined the extent and configuration of the 100N, 185N and 260N gold zones, a…
Orvana plans to raise funds for Bolivian property purchase
Taking advantage of strong gold markets, Orvana Minerals (TSE) plans to raise $16.6 million to finance its purchase of the Don Mario project in Bolivia.The company will issue 3.3 million special warra…
Obituary — Peter Gledhill
Peter Alexander Gledhill, a Toronto-born geophysicist with the Botswana Geological Survey, has died. He was 36.Mr. Gledhill graduated from Queen’s University in 1983 with a B.Sc. in engineering physic…
Silver Standard Resources expands into Russia
The acquisition of a 35% interest in Geolog, a privately held joint stock company in Russia, will expand the silver assets of Silver Standard Resources (TSE).Geolog owns the Lunnoe and Arylach silver …