News



Greenland zinc lures Platinova

Toronto-based Platinova (PAS-T) has been granted the exploration rights to a parcel of land in northwestern Greenland.The property hosts a zinc showing that was outlined by Greenland government geolog…


Insular busy in Mexico

Insular Explorations (ISX-V) has signed a deal with Blackstone Resources (BZZ-A) to earn a 70% interest in that company’s El Diamante gold project in Chihuahua state, Mexico.In order to earn an initia…


Gold price erodes Inter-Rock profits

For Inter-Rock Gold (IRO-T), low gold prices translated into a loss of $1.8 million (or 11cents per share) for 1997.Revenue for the year amounted to $6.3 million, which was entirely derived from the s…


Eskay gold-silver grades keep Prime in the money

British Columbia gold producer Prime Resources Group (PRU-T) has bucked the industry trend and posted a profit for the first quarter.With record production of 164,860 oz. gold-equivalent, Prime earned…


Nebex drills Munelle

Calgary-based Nebex Resources (NBX-T) is encouraged by results from the first hole drilled on its Munelle polymetallic deposit in north-central Albania.Late last year, the company received government …


Eden Roc in red, but optimistic

Record gold production and higher revenues were not enough to keep Eden Roc Mineral (EDN-T) out of the red in 1997.For the year ended Dec. 31, the Toronto-based company lost $15.4 million on revenue o…


Armada gets backing for Baley gold project

Russia’s Vneshtorg Bank will provide backing to Armada Gold (AAU-T) in the form of a gold sales commission agreement, paving the way for development of the Baley gold project in southeastern Siberia.T…


LatinGold adds ground

LatinGold (LAT-T) has signed an agreement with a private firm to earn a 60% interest in two silver-gold properties in Mexico’s Guanajuato state.LatinGold can earn its interest in two stages, each of w…


Companies (May 04, 1998)

Abacus MineralsAber ResourcesAbitibi MiningAfrican Selection MiningAGC Americas GoldAlhambra ResourcesAlpha GoldAmax GoldAmerican Bullion MineralsAnglo AmericanAntares MiningAnzex ResourcesArizona Sta…



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