1999

Coleraine wraps up work

Coleraine Mining Resources (CRI-T) has completed a summer drilling program on the Perron gold prospect at its Normetal property in northwestern Quebec.Nine holes totalling 1,505 metres were drilled, w…


Caribgold options claims

An agreement with Beaufield Consolidated Resources (BFD-V) sets the stage for CaribGold Resources (CG-T) to acquire a 50% interest in 400 claims in the Lac Evans area of northwestern Quebec.The proper…


Great Basin drills Ivanhoe

Armed with $6.3 million in financing, Great Basin Gold (GBG-V) has begun testing its Ivanhoe property in Nevada’s Carlin Trend.The target is bonanza-grade, gold-silver veins similar to those being min…




Gitennes buys Newcrest’s Peruvian assets

Gitennes Exploration (GIT-T) has completed its acquisition of a 40% interest in the Rio Blanco copper project and other Peruvian assets from Australian miner Newcrest Mining.The Vancouver-based compan…


DIAMONDS — Nora to boost stake in Namibian venture

A $2-million private placement will enable Nora Exploration (NXI-M) to boost to 60% its interest in the Namibian gemstones concession, the second-largest offshore marine diamond concession in southern…


El Callao starts feasibility

El Callao Mining (ECM-V) is one step closer to developing the Lo Increible gold property in southeastern Venezuela, following completion of geostatistical drilling of open-pit reserves.The 19-hole pro…


Goldcorp gives Red Lake mine a facelift

The Red Lake mine, one of Canada’s longest-running gold mines before labour troubles laid it to rest in 1996, is fast approaching its rebirth.Since May, Goldcorp (G-T) has spent $11.6 million rebuildi…



Juniors invited to Minnesota

Minnesota is inviting exploration companies to take another look at the state’s mineral potential.The 1999 Minnesota Exploration Conference will be held Oct. 7 and 8 in Tower. It will focus on prospec…


HBM&S speeds up 777 schedule

A $360-million program of capital expenditures will see Hudson Bay Mining & Smelting bring its new 777 Deposit, at Flin Flon, Man., into production by 2004, and maintain mine production at Snow Lake.H…


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