Viceroy boosts production
During 1997, Viceroy Resource’s (VOY-T) share of production from its two mines totalled 158,348 oz. gold at an average cash cost of US$244 per oz.Since achieving commercial production last May, the fu…
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EXPLORATION 1998 — Greenland target for Softrock
Softrock Minerals (SFT-A) has identified areas of anomalous gold mineralization at its Lindenow property in southeastern Greenland.In the portion of the property known as Kutseq, preliminary explorati…
EXPLORATION 1998 — Trans Hex pins hopes on diamonds
Alexander Bay, South Africa — Although it produces from several operations, Trans Hex Group remains focused on alluvial diamond production at its Orange River property near here.Situated 50 km upstre…
Industry moves to swat millennial bug
Many Canadians are looking forward with great anticipation to the millennium. It is seen as a symbol of hope and optimism, the beginning of a new chapter for our country and for humanity.Far removed f…
EXPLORATION 1998 — Minorca buys Canarc shares
Toronto-based Minorca Resources (MAR-T) recently purchased 1.3 million shares of Canarc Resource (CCM-T), and followed up this $1-million private placement by acquiring an additional 800,000 Canarc sh…
EXPLORATION 1998 — Intrepid steps up Salvadoran work
With silver prices showing signs of gradual improvement, Toronto-based Intrepid Minerals (IAU-A) is intensifying its exploration efforts in Central America.* El Salvador — Drilling at the company’s S…
EXPLORATION 1998 — No joy yet at Golden Boy
The first hole drilled by ProAm Explorations (PMX-V) has failed to hit the motherlode at the Golden Boy project north of Winnipeg, Man.While the drilling did intersect extensive disseminated sulphides…
EXPLORATION 1998 — Virginia hits gold in Quebec
Virginia Gold Mines (VIA-M) has identified a gold-bearing structure at its Corvet West property near James Bay, in Quebec.The showing, situated in the Guyer volcanic belt, is associated with an east-w…
Argentina Gold busy at Veladero
Junior Argentina Gold (ARP-V) has released further drill results from its 60%-owned Veladero project, 400 km north of San Juan in western Argentina, near the Chilean border.The Vancouver-based company…
EXPLORATION 1998 — Battle over a Barren — Regal Goldfields to take dispute over protected site to court
Arguing that the government of Nova Scotia did not have the authority to revoke its right to access and explore a tract of ground in western Cape Breton, Regal Goldfields (REGL-C) has applied to the p…
EXPLORATION 1998 — Rubicon seeks growth through exploration — Junior focuses mine-finding efforts on Canadian projects, including nickel prospect in High Arctic
Hoping to capitalize on its home-field advantage, newly listed Rubicon Minerals (RMX-V) is preparing to explore gold and base metal projects in some of Canada’s foremost mining camps.Launched late las…
EXPLORATION 1998 — Mindoro takes aim at gold-copper targets in Myanmar — Junior advances Kyaukkyi and Thida exploration properties
Historically, mineral production in Myanmar (formerly Burma) derived from small-scale gold and gemstone operations, both primary and alluvial. But several Canadian companies are now scanning the count…