LatinGold adds ground
LatinGold (LAT-T) has signed an agreement with a private firm to earn a 60% interest in two silver-gold properties in Mexico’s Guanajuato state.LatinGold can earn its interest in two stages, each of w…
News
NEW MINES ROUNDUP — Green light for uranium mines
The Cigar Lake uranium project in northern Saskatchewan’s Athabasca Basin — a joint-venture held 48.7% by Cameco (CCO-T) and 36.4% by French-owned Cogema Resources — has received conditional approva…
MINING IN CANADA — Cream exploring near Kaslo
A work program by Cream Minerals (CMA-V) is testing the Kaslo silver project in the Slocan mining district of southeastern British Columbia.The $660,000 program is aimed at testing the Cork South silv…
MINING IN CANADA — Development work places New Britannia back on track
First-quarter gold production at the New Britannia mine, situated 128 km east of Flin Flon, Man., has surpassed expectations by 7%. Moreover, cash costs continued to decline and underground drilling i…
MINING IN CANADA — Foran forges ahead in Flin Flon belt
With a land package worthy of a major, Vancouver-based Foran Mining (FOM-V) is scouring the Flin Flon, Man., area in search of volcanogenic massive sulphides.The company has amassed what could be the …
MINING IN CANADA — Rhonda set to drill Esker lead-zinc-silver deposit
Rhonda Mining (RDM-A) will carry out drilling and mapping on the Epworth lead-zinc-silver property, 450 km north of Yellowknife, N.W.T.The program, which is expected to start in June, will consist of …
Moneta to seek new partner for Michaud
A subsidiary of Barrick Gold (ABX-T) has dropped its option to earn a 60% interest in 52 of the 138 claims that comprise the Michaud property, near Timmins, Ont.Lac Exploration has opted to forgo furt…
NEW MINES ROUNDUP — Raglan nickel mine up and running
Falconbridge (FL-T) reports that its Raglan nickel mine on northern Quebec’s Ungava Peninsula is expected to reach its rated capacity of 21,000 tonnes of contained nickel by mid-1998.The $570-million …
Patrician drilling at Powell
Junior Patrician Gold Mines (PXX-A) has begun a diamond drill program on its wholly owned Powell Twp. gold property near Matachewan, Ont.The company established an exploration grid in March, and magne…
Cleanup under way at Los Frailes mine
A tailings dam failure at the Los Frailes mine, about 30 km northwest of Sevilla, Spain, has flooded a large area of farmland, and Spanish authorities are considering pressing charges.The mine, owned …
Intiedougou takes shape
When Ottawa-based junior Orezone Resources (ORZ-T) took on a gold exploration property in southwestern Burkina Faso, it had no clear idea where to find gold. But on top of that, it didn’t even know wh…
OBITUARY — Murray Pezim
Murray Pezim, a Vancouver-based stock promoter best known for his role in the discovery of the Hemlo gold camp in Ontario and the Eskay Creek gold mine in British Columbia, has died. He was 77.Born in…