Morgain cuts gold in Mexico
Toronto-based Morgain Minerals (MGM-V) has drilled several long gold intersections at its new San Francisco mine property, near Cucurpe in Mexico’s Sonora state.The junior has received assay results f…
News
DIAMOND PAGE — Vaaldiam left in the lurch
Toronto-based Antares Mining & Exploration (ANZ-T) will not proceed with a previously announced financing with Vaaldiam Resources (VRL-A) that would have set the stage for a merger between the two com…
DIAMOND PAGE — Messina fails to sell Star
An agreement between Messina Diamond (MSC.U-T) and a private company for the sale of the former’s Star diamond mine in South Africa has been cancelled.Messina scrapped the proposed sale after South Af…
Meetings (January 25, 1999)
Jan. 26, PeninsulaJan. 29, AriesJan. 29, ExcellonJan. 29, GetchellJan. 29, Lyon LakeJan. 29, Pacific StarJan. 29, TellisJan. 29, Texas TFeb. 1, ConchoFeb. 1, Int’l BroadlandsFeb. 2, Cotton ValleyFeb. …
Companies (January 25, 1999)
Aber ResourcesAddwest Minerals InternationalAG Armeno Mines & MineralsAlberta EnergyAmblin ResourcesAmeridexAntares Mining & ExplorationArgentina GoldArmada GoldAshton MiningAurizon MinesBarrick GoldB…
Manantial Espejo yields more gold, silver
Partners Black Hawk Mining (BHK-T) and Silver Standard Resources (SSO-V) have cut some impressive grades and widths at their Manantial Espejo gold-silver project in southern Argentina.Fourteen core ho…
Armada sells Erdmin
Armada Gold (AAU-T) has sold its 49% interest in the Erdmin solvent extraction-electrowinning copper project in Mongolia.A private American company will pay US$3 million over the next three years and …
Teck joins Loubel at Lemoine in Quebec
In the wake of its acquisition last year of the Lemoine polymetallic property, near Chibougamau, Que., Loubel Exploration (LBX-M) has found a major partner for the project.Serving as operator, Teck (T…
Globex gains Poirier base metal property
Rouyn-Noranda-based Globex Mining Enterprises (GMX-T) has secured the mineral rights to the past-producing Poirier copper-zinc mine, near Joutel in northwestern Quebec.In a complex deal involving mini…
PEOPLE – Panther
Gordon House elected director. Russel Goodwin appointed president. Edward Renyk appointed secretary.
PEOPLE – Zorin
John Bolter appointed director.
GOLD FUNDS (January 25, 1999)
Gold Funds as of January 7, 1999BGRCentralNet Value$14.025.93Price$9.75$5…