Chief Consolidated to restart Trixie
Determined to return the Trixie gold-silver mine in Utah to production, Chief Consolidated Mining (CFCM-Q) has arranged a US$7-million private placement.The New York-based junior will issue 3.5 millio…
News
Miramar posts loss but makes progress
Despite ongoing cost-cutting and other efforts to achieve profitability at the Con gold mine in Yellowknife, Miramar Mining (MAE-T) remained in the red during the latest quarter ended Sept. 30.The gol…
EXPLORATION ’99 – NAME CHANGE (November 29, 1999)
Golden Tiger Resources NL (GTS-V) has changed its name to ISP Limited (ISP-V).
North explores in Mexico
Australian-based North will carry out underground mapping, sampling and surface work at the Sierra Mojada oxide zinc property in northern Mexico.The company can earn a 60% interest in the 17,450-acre …
EXPLORATION ’99 – Rio Tinto backs junior’s search for gold
A newly consummated “strategic alliance” with a unit of Rio Tinto Mining (RTP-N) will allow Uruguay Goldfields (UGIL-C) to continue exploring gold and base metal targets on its 100,000 ha of concessio…
DIAMOND PAGE — Twin Gold starts winter work
Toronto-based Twin Gold (TWG-T) has retained a geophysical firm to fly a high-resolution, magnetic, gradiometric and very-low frequency survey on its 444-sq.-km diamond property in northern Quebec.The…
EXPLORATION ’99 – Copper Ridge hits gold-bearing structure
Junior Copper Ridge Explorations (KRX-V) has discovered a new mineralized structure in the course of its 13-hole drill program at the Scheelite Dome gold property in the Yukon.Highlights are as follow…
Hudbay options VMS find
Anglo American (AAUK-Q) affiliate Hudson Bay Exploration & Development has optioned a volcanogenic massive sulphide (VMS) discovery made by Eureka Resources (EUK-V) in central British Columbia.HudBay …
DIAMOND PAGE — Partners change course on Baffin Island
A kimberlite cluster found on the northern end of Baffin Island, Nunavut, is likely a dud.Partners Mountain Province Mining (MPV-T) and Opus Minerals (OPUS-C), which announced the discovery earlier th…
Pacific Rim targets Luicho potential — Road construction, RC drilling planned for 2000
Ongoing surface rock sampling is enabling Pacific Rim Mining (PFG-T) to define a promising bulk-tonnage find at the Luicho gold project in southern Peru.The company has so far collected 1,600 chip cha…
EXPLORATION ’99 – Glamis Gold advances Guatemalan gold deposit
A 35-hole drill program by Glamis Gold (GLG-N) at the Cerro Blanco project in Guatemala is attempting to prove up a resource of more than 1 million oz. by year-end.Drilling by previous owner Mar-West …
EXPLORATION ’99 – RARE METAL EXPLORATION ROUNDUP — OGS confirms Pakeagama potential
Summer field work by the Ontario Geological Survey has confirmed the exploration potential of the Pakeagama Lake rare-metal pegmatite, north of Red Lake, Ont.The pegmatite system and the adjoining are…