EXPLORATION ’99 – Cameco drilling Despinassy
A 6,000-metre drill program by Cameco Gold (CCO-T) will test new targets on Major General Resources’ (MGJ-V) newly expanded Despinassy gold project, 75 km north of Val d’Or, Que.Major General now hold…
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EXPLORATION ’99 – NovaGold outlines targets near Pogo
NovaGold Resources (NRI-T) has identified three drill targets at the Caribou project, 40 km northwest of the promising Pogo deposit in the Tintina gold belt of Alaska.Caribou comprises about 48 sq. km…
EXPLORATION ’99 – Great Basin seeks Ken Snyder-style deposit
Great Basin Gold (GBG-V) is encouraged by results from an ongoing 50,000-ft. drill program at its wholly owned Ivanhoe property in Nevada.Situated in the Carlin trend, midway between Franco-Nevada Min…
METAL PRICES (November 29, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 23Nov. 22Nov. 19Nov. 18…
GEOLOGY 101 — Skarn deposits, Part 2
Different igneous intrusions tend to put different metals into a skarn. More mafic intrusions, such as diorites and gabbros from island arc settings, typically produce iron, copper or gold skarns. Int…
DIAMOND PAGE — Diamondex defines Hilltop targets for drilling
Based on early results from summer till sampling on the Hilltop property in the Northwest Territories, Diamondex Resources (DSP-V) plans to drill-test three target areas in early 2000.Diamondex was sp…
EXPLORATION ’99 – Noranda tests sulphide potential of Golden Temple
A first phase of diamond drilling by Noranda (nor-t) on the massive sulphide property known as El Gordo has encountered copper-enriched mineralization. The property, situated in Guanajuato state, Mexi…
EXPLORATION ’99 – Quebec’s northern frontier awakens — New discoveries boost potential of Eastmain, La Grande belts
Special to The Northern MinerYears of mapping, sampling and drilling may finally be paying off for juniors determined to make an economic discovery in the underexplored frontier of northern Quebec.Two…
EXPLORATION ’99 – New gold camp gives Tanzania a leg up
Special to The Northern MinerTanzania’s unique combination of prospective geology and stable government is drawing unprecedented amounts of mining investment at a time when spending in most of Africa …
EXPLORATION ’99 – General Minerals resumes drilling at Escalones
With warmer temperatures prevailing in the high Andes of central Chile, General Minerals (GNM-T) is set to resume drilling at the Escalones copper-gold property, 100 km southeast of Santiago.The compa…
Anooraq aims drills at Bushveld
Anooraq Resources (ARQ-V) is raising $4 million to carry out drilling at the Platreef platinum-palladium property in South Africa.The company stands to earn a maximum of $3.3 million by way of a priva…
Vengold racks up more losses
The third quarter of 1999 was another bad one for Vengold (VEN-T), which lost US$76.4 million (US53 cents per share) on gold sales revenue of US$10.5 million, compared with a loss of US$6.8 million (U…