NEWS ROUNDUP — More ground for Rio Narcea
Junior explorer Rio Narcea Gold Mines (TSE) has acquired mineral rights to three parcels of land in the western half of Spain’s Asturias region. The properties — known as the Navelgas, Oscos and Sala…
Articles by Northern Miner Staff
Adex announces Tequila Copper deal
TSE-listed Adex Mining reports that its subsidiary, Tequila Copper, has entered into a “letter of understanding” with International Pursuit (TSE) to form a joint venture to develop Tequila’s Asia Paci…
Maj. General to mine Rendell-Jackman
Vancouver-listed Major General Resources intends to mine the Rumbullion and Hammerdown zones as one deposit within the Rendell-Jackman gold property near Springdale, Nfld. The announcement follows con…
EXPLORATION ’95 — Exploration pays off for FirstMiss at
An accelerated exploration program by FirstMiss Gold (NASDAQ) is encountering significant gold mineralization from the Turquoise Ridge deposit at the company’s Getchell mine property, 210 miles northe…
EXPLORATION ’95 — Bathurst camp attracts junior
A junior company is gearing up to test a large property west of the past-producing, base metal-silver-bismuth mine at Nigadoo in the Bathurst camp of New Brunswick. Private company Freegrant Silver vi…
Bre-X has million-ounce resource at Busang project
An independent consultant has determined the Central zone of the Busang gold project in East Kalimantan, Indonesia, has a drill-inferred geological resource of 10.3 million tonnes averaging 1.92 grams…
Falconbridge ups Collahuasi interest
Collahuasi partner Shell Petroleum will sell its one-third interest in the copper deposit in Chile to Falconbridge (TSE) and Minorco for about US$19 million. The two partners will each end up holding …
EXPLORATION ’95 — Aurex makes exploration plans for South
Junior copper-gold producer Aurex Resources (TSE) intends to concentrate its exploration efforts this year on the Talcuna district of Chile, as well as on various properties in Peru and Guyana. Aurex …
EXPLORATION ’95 — Exploration: at home or abroad?
How do mining companies decide where to focus their exploration efforts now that a tempting array of geological opportunities has opened up in almost every corner of the globe? All senior companies ar…
EXPLORATION ’95 — Band-Ore adds two projects to Timmins area
Two projects have been added to Band-Ore Resources’ holdings in Sewell and Reeves twps., west of Timmins, Ont. The company can acquire the Ross property in Penhorwood Twp., which consists of two claim…
Saskatchewan gold mine in production — Contact Lake
Saskatchewan’s newest and largest gold mine — and one of only two in the country to operate within a provincial park — entered commercial production last month. The Contact Lake mine, situated 63 km…
EXPLORATION ’95 — Provincial grants used to expand
Mining and exploration companies in British Columbia took advantage of grant incentives offered by the provincial government to expand exploration and mine development in 1994. Information released by…