Intl. Pursuit gains Mongolian assets
Landlocked and oft-ignored Mongolia has become a major focus of International Pursuit (IPJ-T).Through subsidiary companies, Pursuit has acquired a significant property portfolio in the Asian country, …
News
EXPLORATION 1997 — Noveder plans to explore Fleur de Lys
Data from historic exploration, combined with results of recent prospecting, have prompted Noveder (NED-M) to plan an exploration program for the Fleur de Lys property in northern Newfoundland.Work to…
EXPLORATION 1997 — Lac Volant a high flyer for Quebec industry
The claim-staking rush in the Lac Volant region was the highlight of Quebec’s mineral industry in 1996. The industry experienced moderate growth during the year, according to figures released by the p…
Metallica plans Mexican mine
Metallica Resources (MR-T) has received a positive final feasibility study for its wholly owned Cerro San Pedro gold-silver project near San Luis Potosi, Mexico.Mining permits and project financing ar…
Canyon identifies gold targets at Brazil’s Rio Maria property
Colorado-based Canyon Resources (CAU-X) has discovered gold mineralization at its Rio Maria property in the northern Brazilian state of Para.Stream sampling, geochemical soil surveying over 350 line m…
EXPLORATION 1997 — JCI expands past borders of South Africa, forms alliances with juniors
World-renowned gold producer JCI is learning that partnerships with junior companies are an effective means to pursuing projects beyond the bornders of South Africa.Based in Johannesburg, the company …
EXPLORATION 1997 — Drills turn at prospect in James Bay Lowlands
A $1.7-million drill program will test two kimberlites discovered last year by partners Spider Resources (SPQ-A) and KWG Resources (KWG-T) in the James Bay Lowlands of Ontario.The program will evaluat…
EXPLORATION 1997 — Western America eyes gold and copper prospects in Chile
Junior Western America Resources (WAR-A) can earn up to an 80% interest in two properties in the Maricunga belt of northern Chile by spending $625,000 on exploration over the next 27 months.The compan…
EXPLORATION 1997 — Santa Cruz confirms resource
Junior Santa Cruz Gold (SCG-T) has completed a first-phase, 20-hole drill program at its Quitovac gold property in Sonora state, Mexico.The program verified results achieved in the 1980s by a private …
EXPLORATION 1997 — Nord Pacific betting on gold potential in Papua New Guinea
With its lack of infrastructure and remoteness from Western administrative centres, Papua New Guinea (PNG) can be a tough place to do business, and yet the payoffs can be substantial, as was the case …
BHP, Corriente step up Argentine work
Drilling has resumed at the Taca-Taca (lower) copper porphyry project in Argentina’s Salta province.BHP Minerals, the operator, can earn an initial 60% interest from Corriente Resources (CTQ-T) by spe…
EXPLORATION 1997 — Michaud yields more gold for Moneta, Barrick
Drilling by Moneta Porcupine Mines (ME-T) and Barrick Gold (ABX-T) at the Michaud gold property, east of Timmins, Ont., is returning solid results.Collared in the centre of the southwest zone, hole 18…