Paramount, Canabrava step up work
Vancouver-based juniors Paramount Ventures & Finance (PVF-V) and Canabrava Diamond (CNV-V) have agreed to work together on another diamond exploration property in northern Ontario.Canabrava recently d…
News
Calneva picks up gold prospect in Nevada
International Calneva Gold (ICG-V) has acquired a land package in the Tuscarora mining district of northern Nevada.The company picked up the Beard Hill-Castille Mountain prospect, covering 3,200 acres…
Partners pull more zinc at Caber
Drilling by Southern Africa Minerals (SAF-T) at its Caber deposit near Matagami, Que., continues to return significant base metal values.Hole 32 was sunk 50 metres south of hole 30, which returned 14 …
Drill testing under way at Dunkwa property
Encouraging drill results have been obtained by Battle Mountain Gold (BMG-N) on the Dunkwa property in the Ashanti gold mining region of south-central Ghana.The company is working to earn a 65% intere…
DIAMOND PAGE — Ditem options diamond prospect from Uranerz in northern Quebec
Montreal-based junior Ditem Explorations (DIT-M) has entered into an option agreement with German-owned Uranerz Explorations and Mining on a diamond property situated in the Otish Mountains of norther…
Chesbar drills at La Salle
Chesbar Resources (CBI-M) has completed a major round of diamond drilling at its La Salle I gold property on the company’s Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre p…
Indo Metals funds work
Indo Metals (IOM-V) has completed a brokered private placement of 1.96 million units at 60cents each, for total proceeds of $1.17 million. Each unit consists of one share and half a share purchase war…
Meetings (April 20, 1998)
Apr. 21, AnooraqApr. 21, Bitterroot ResourcesApr. 21, CherryhillApr. 21, Diamond FieldsApr. 21, Highview ResourcesApr. 21, Orion Int’lApr. 21, Yanks PeakApr. 22, AMT Int’l MiningApr. 22, Beau CanadaAp…
Waseco secures financing
A private placement of 1 million common shares of Waseco Resources (WSCO-C) will be used to finance an engineering study on modifying a dredge unit for alluvial gold production at Waseco’s Tewah prope…
Kinross eyes stake in True North
Through a private placement in La Teko Resources (LAO-V), Kinross Gold (K-T) has demonstrated its interest in purchasing the majority share of the True North deposit in Alaska, held by Newmont Mining …
Cons. Nevada hits high grade
Drilling by Consolidated Nevada Goldfields (KNV-T) has intercepted high-grade gold values at the Nixon Fork gold mine, near McGrath, Alaska.Beneath the C-3300 level, four holes encountered narrow inte…
Financings
Ecstall Mining (EAM-V) has arranged a best-efforts brokered private placement of up to 1.33 million units at 31cents per unit, for net proceeds of $360,000.Each unit consists of one share and half of …