Results encourage Haddington, Portman
Initial drilling on the Tyrrell Twp. gold project near Shining Tree, Ont., has yielded encouraging results for partners Haddington Resources (VSE) and Portman Explorations (VSE). The project consists …
Articles by Northern Miner Staff
Great Lakes signs bank agreement
A banking agreement will enable Great Lakes Minerals (TSE) to acquire an additional 10% interest in the Grouse Creek venture in Idaho, as well as hedge the production of future gold and silver product…
NEWS ROUNDUP — Campbell buys into former Lac play
Toronto-listed Campbell Resources (TSE) has opted to acquire the Wildcat gold project, formerly held by Lac Minerals. Situated 80 miles northeast of Reno, Nev., the property was recently subjected to …
NEWS ROUNDUP — Nevsun drilling in western Mali
A second phase of drilling is under way at the Tabakoto gold concession in western Mali. Nevsun Resources (VSE) is drill-testing 1,000 metres of a 2,500-metre-long zone of mineralization marked by ext…
NEWS ROUNDUP — Osito to drill in Costa Rica
A 300-metre drill program is planned for the Turin property in Costa Rica. Owner Osito Ventures (VSE) plans to drill-test previously identified gold mineralization. Three epithermal vein systems have …
Metal prices boost Asarco earnings
Higher metal prices and reduced operating costs contributed to improved year-end results for Asarco (NYSE). Asarco earned US$64 million (or US$1.53 a share), compared with US$15.6 million (or US38 cen…
Britannia options ground to Noranda
The Las Lomas prospect in northern Peru is the subject of an option agreement between Britannia Gold’s (VSE) half-owned Peruvian subsidiary, Minera Britannia Gold, and Noranda (TSE). By financing expl…
Rio Amarillo drills Chachacomiri
Diamond drilling on the Chachacomiri silver-gold-tin property near Potosi, Bolivia, should be completed by March. Partners Rio Amarillo Mining (VSE) and Cominco Resources International (TSE) expect to…
Redstone ups stake in Robinson play
Mineral royalty corporation Redstone Resources (TSE) has bought an additional 0.375% net smelter return (NSR) royalty interest in the Robinson copper project near Ely, Nev., for US$2.5 million. The pr…
Major options Table Mountain from Cusac
A subsidiary of Cyprus Amax Minerals (NYSE) can earn a half interest in the northern portion of the Table Mountain gold property in northern British Columbia. Cusac Industries (TSE) will retain a 100%…
Alta producing gold at Kinsley
Late last year, Alta Gold (NASDAQ) started producing gold at its newest Nevada operation, the Kinsley mine. Situated in Elko Cty.’s Kinsley Mountains, the open-pit mine contains proven reserves of 3.5…
Argentina Gold explores gold systems
In just over two years, Argentina Gold (VSE) has established itself as one of the premier “grassroots” gold explorers in Latin America. Having identified dozens of alteration zones (thought to represe…