LATIN AMERICA — Sand River revs up in Chihuahua
Expectations are running high at the Piedras Verdes project in Mexico’s Chihuahua state, where Sand River Resources (SRIV-C) is embarking on a 1,500- to 2,000-metre program of diamond drilling.The Van…
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LATIN AMERICA — Cyprus options Mexican porphyry target
Cyprus Amax Minerals (CYM-N) has optioned the Opata copper project in Mexico’s Sonora state from Vancouver-based junior Jaba (JBA-A).Cyprus can earn a 50% interest in the 44-sq.-km project by spending…
Cons. Nevada shuts Aurora
Two key management personnel have quit Consolidated Nevada Goldfields (KNV-T), in the wake of its decision to close the Aurora gold mine in Nevada.Senior Vice-President of Operations Jack Haptonstall …
Southern Africa pulls high-grade at Caber
Recent drilling by Southern Africa Minerals (SAF-T) at the Caber property, 25 km west of Matagami, Que., has identified high-grade base metal mineralization.One of four core holes drilled to test the …
Ursa Major buys stake in Patricia
Best known for its copper and gold projects in Kazakstan, Ursa Major International (URS-T) has come home to acquire a 12.6% stake in Patricia Mines (PAT-V), owner of the Island Gold project situated 5…
Amblin busy at Lyndhurst
Junior Amblin Resources (AX-A) is encouraged by drill results from its Lyndhurst copper property, a past producer near Rouyn-Noranda, Que.In late March, a 1,199-metre hole was drilled in an attempt to…
Drills turn at Murray Brook
Darmouth, N.S.-based NovaGold Resources (NRI-T) will shortly begin a second phase of drilling on its Murray Brook massive sulphide deposit, 60 km west of Bathurst, N.B.The program, which will consist …
Noront, Ateba deal option
An option deal with a private company will facilitate $1 million of exploration on the Fletcher Lake property, in the Lac de Gras area of the Northwest Territories.Joint venture partners Noront Resour…
Noront, Alto add potential to Windfall
Partners Noront Resources (NOR-V) and Alto Minerals (ATO-V) are following-up encouraging drill results with a geophysical survey at the Windfall Lake gold project in Quebec’s Urban Twp.The program, ai…
NEWS IN BRIEF (April 06, 1998)
Even Resources (EVN-V) has changed its name to Plata Minerals (PMR-V) on a 1-new-for-7-old-share basis.
Nuinsco drills at Lac Rocher (April 06, 1998)
However obsolete prospectors may seem to bureaucrats in several provincial mines departments, those in northwestern Quebec persist in turning up new mineralization to drill.Nuinsco Resources (NWI-T) h…
LATIN AMERICA — Conquistador outlines Colombian deposit
California-based Conquistador Mines (cql-v) has reported encouraging drill results from Zone 5 at its Marmato property in west-central Colombia.Highlights from surface drilling include the following:*…