Eastern Meridian eyes prospect
A letter agreement with a Mexican company sets the stage for Eastern Meridian Mining (EME-A) to acquire a half-interest in the Picachos gold-silver project in the southwestern part of Durango state.Th…
News
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…
DIAMONDS — Winspear advances Snap Lake to feasibility
Based on the positive results of an updated scoping study, Winspear Resources (WSP-V) plans to advance the Snap Lake kimberlite dyke project in Canada’s Northwest Territories to a full feasibility stu…
Production rises at Golden Bear
Better-than-expected production from the Golden Bear mine in northwestern British Columbia is strengthening the bottom line of Wheaton River Minerals (WRM-T) and providing a push to the Bellavista gol…
DIAMONDS — Ekati widens gap on NWT competitors — Diavik, Snap Lake vie for runner-up
It was a contest in the early 1990s, but no more. The Ekati mine in the Northwest Territories has emerged as a solid winner in the race to bring Canadian diamonds to the international marketplace. The…
Rubicon hits more sulphides at Palmer (September 27, 1999)
Rubicon Minerals (RMX-V) has tabled more encouraging assay results from its massive sulphide discovery at the RW zone, part of the Palmer project, near Haines, Alaska.Hole 13 was drilled downdip and 1…
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…
Viceroy eyes Rock Creek
Viceroy Resources (VOY-T) has taken a shine to the Rock Creek gold property in the Nome mining district of Alaska.The Vancouver-based junior can earn a 51% interest in the property from NovaGold Resou…
Metallurgical tests at Mt. Kare make the grade
Preliminary flotation tests on samples from the Mt. Kare deposit in Papua New Guinea have produced excellent recoveries, reports Madison Enterprises (MNP-V).The tests, performed on three of nine repre…
Cambior improves performance of Doyon — Development accelerated into higher-grade zones at depth
Having settled in as operator of the underground Doyon gold mine in northwestern Quebec, Cambior (CBJ-T) is continuing its efforts to boost output and drive down costs by reducing dilution and getting…