1997

Calgary-based Canadian Mountain Minerals (CYM-A) and Kelowna-based Goldtex Resources (GXR) are encouraged by initial results from their gold-prospecting efforts in northwestern Yemen.The juniors are p…

Dong Bi appointed director.

Robert Cogliandro appointed president.

Gold Funds as of January 23, 1997BGRCentralNet Value$21.39$5.78Price$16.75…

A private placement has enabled Greenhope Resources (GRH-M) to raise just over $500,000 to fund exploration work in Mozambique.The major participant in the financing was Trillion Resources (TLQ-T), Gr…

Diamond drilling by Ashanti Goldfields (AHD.U-T) is about to begin on the Nassile property in Niger.The African gold producer can earn up to a 60% interest in the joint-ventured project from Royalstar…

An exploration program by the African subsidiary of Ashton Mining will test the diamond potential of the Kenieba project in Mali, West Africa.The project is 49% held by Vancouver-based Mink Mineral Re…

Junior International Curator Resources (IC-T) plans to raise $6.6 million in a private placement to fund an ongoing feasibility study of its Boleo copper-cobalt property in Baja California Sur, Mexico…

In Burkina Faso, partners Channel Resources (CHU-V) and Solomon Resources (SRB-V) have begun the first phase of reverse-circulation (RC) drilling on their Bombore project.The work is focused on an ano…

Leaders, pioneers and visionaries — these are but a few of the words that apply to the six men recently inducted into the Canadian Mining Hall of Fame.Their contributions to Canadian industry include…

Big Bear Oil & Gas (BIG-V) has changed its name to Renata Resources (RTA-V).

Exploration by partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T) is well under way at the Intidougou gold property in southwestern Burkina Faso.Each of the companies holds a 37.5% i…