EXPLORATION 1997 — Yamana to test anomalies
Ongoing exploration by Yamana Resources (YRI-T) will test an aeromagnetic anomaly and associated gold mineralization in the northern portion of the company’s Block I contact-of-work (CoW) application,…
News
Countdown to production begins at Lihir
Construction is nearly complete and startup is fast approaching for the Lihir gold mine, on the tiny island of the same name.It will be the largest mine in the world to open in 1997, and when The Nort…
Government encouraging mining houses to release mining rights in South Africa
South Africa’s minister of Mineral and Energy Affairs has a message for black- and foreign-owned exploration firms that are experiencing frustration in their attempts to acquire prospective ground in …
EXPLORATION 1997 — High River, Focal launch exploration initiative in Central America
Partners High River Gold Mines (HRG-T) and Focal Resources (FCJ-A) have launched a US$5-million exploration program at five gold properties in Nicaragua.Geophysics, trenching and a substantial drill p…
EXPLORATION 1997 — Laramide starts third phase of drilling at Cerro Colorado
A work program, including 10,000 metres of exploration and development drilling, is under way at the Cerro Colorado gold project in Sonora state, Mexico.Operator Laramide Resources (LAM-T) hopes to co…
Fortune tallies Bowl resource
With one season of drilling complete, Fortune Minerals (FORM-C) has calculated a preliminary resource figure for the Bowl zone at its Nico property near Mazenod Lake in the Northwest Territories.The p…
EXPLORATION 1997 — Minera Andes tests La Horqueta prospect
A 17-hole drill program by Minera Andes (MAI-A) has identified a copper porphyry prospect in the southern portion of La Horqueta, an exploration project in Argentina’s Mendoza province.The drilling in…
Teck prepares to drill in Labrador
The first major to become involved in the exploration play near Voisey’s Bay, Labrador, back in 1995, is beginning a drill program in the area.Teck (TEK-T) will carry out a $5-million, 10,000-metre pr…
Band-Ore advances Thorne gold play
With six drills on site, Band-Ore Resources (BAN-T) has launched a $6-million effort to bring the Thorne property, just west of Timmins, Ont., to the development stage.Kilborn SNC Lavalin will assist …
Canarc boosts resource at Polaris
Drilling has expanded the Polaris Taku gold resource in Alaska by 10%, Canarc Resource (CCM-T) reports.The program increased the probable and possible resource to 3.9 million tons grading 0.41 oz. gol…
EXPLORATION 1997 — Goldbrook to drill Citadel gold property
Diamond drilling is planned for the Jubilee-Surluga gold project near Wawa, Ont.The program will be operated by Goldbrook Explorations (GDK-A), which holds an option to earn a half interest in the pro…
EXPLORATION 1997 — Firesteel Res. drills Mosher Lake
A 18-hole, 2,500-metre drill program is under way at the Mosher Lake gold property, 90 km northwest of Yellowknife, N.W.T.Operator Firesteel Resources (FTR-A) says 12 of the proposed holes will test a…