1997



Musselwhite mine yields yellow metal

Placer Dome’s (PDG-T) 68%-owned Musselwhite mine in northern Ontario has poured its first gold.Situated 120 km north of Pickle Lake, the mine is slated to produce 200,000 oz. gold per year for about 1…


Hecla to proceed at La Jojoba

Hecla Mining (HL-N) will proceed with exploration and development of Aquiline Resources’ (AQI-V) La Jojoba gold project in Mexico’s Sonora state.To earn a 60% interest in the property, Hecla will reim…



Mongolia Gold outlines strong anomaly at Bumbat

A property-wide sampling program at Mongolia Gold Resources’ (MGR-V) 49%-owned Bumbat Gold Field property in Mongolia has identified an open-ended gold-in-soil anomaly measuring 1,700 metres long by 2…


Ming terminates Strange Lake deal

Vancouver-based Ming Financial (MF-A) has decided against acquiring the Strange Lake yttrium property in northwestern Labrador from Iron Ore Co. of Canada (IOC).Ming says its decision was based on an …


First year proves golden for River Gold Mines

The first 12 months of production at the Eagle River gold mine, near Wawa, Ont., translated into a strong year for owner River Gold Mines (RIV-T).Earnings for 1996 amounted to $5.9 million (or 19 cent…


Commentary — Mining and elections

The author is the new project manager of Keep Mining in Canada, a grassroots campaign designed to increase awareness of the importance of mining in this country.With an election call fast approaching,…


Chase expands zone at Archangel

Initial drilling by Chase Resource (CQS-T) at its Archangel gold-copper property in the Philippines has expanded the area of known mineralization.Flat-lying zones of sheeted quartz veins and intensely…



Silver Century hits copper in Quebec

Drilling by Silver Century Explorations (SVC-A) has intersected strong copper grades on the Stoke property, northeast of Sherbrooke, Que.The company’s interest in the property was obtained through its…


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