More solid results from San Nicolas
The latest assay results from the San Nicolas massive sulphide discovery in Mexico’s Zacatecas state bolster the theory that the mineralization is capped by a higher-grade polymetallic zone, with a lo…
News
Kinross plans to merge with Amax — Will create fifth-largest gold producer in North America
Like a father arranging his daughter’s dowry, the parent company of Amax Gold (AU-N) has brokered a deal that will pair it off with a Canadian producer.Colorado-based Cyprus Amax Minerals (CYM-N), whi…
‘Quebec 1998’ meeting set for May
The Quebec 1998 meeting will be held May 18-20 in Quebec City.The event serves as a joint annual meeting of the Geological Association of Canada, the Mineralogical Association of Canada, and the Assoc…
Manitoba provides exploration dollars
The government of Manitoba has approved $4.5 million in mineral exploration funding.Energy and Mines Minster David Newman recently announced that the Manitoba Mineral Exploration Assistance Program (M…
Altavista advances feasibility work at Santa Anna
Recent infill drilling by Altavista Mines (AIA-M) at its Santa Anna property in northwestern Quebec has confirmed the continuity of several gold-bearing zones.The ongoing 4,000-metre program is design…
McWatters aims to cut costs
A US$23-million investment program by McWatters Mining (MCW-T) is aimed at lowering operating costs at the Kiena and Sigma gold mines in Quebec’s Val d’Or camp.The program is designed to extend the mi…
Opawica drills near Kirkland Lake
Junior Opawica Explorations (OPW-T) has begun a diamond drilling program aimed at pulling base metal values from its Maisonville Twp. property, near Kirkland Lake, Ont.The 6-hole, 1,000-metre campaign…
Drill results add sparkle to Tassawini
Encouraging results from shallow drilling on the Tassawini gold property in northwestern Guyana have induced Menora Resources (MEN-M) to increase the number of follow-up targets to 12 from 9.The 12 ta…
Canadian regulators nail ‘desert dirt’ promoter
Not to be outdone by Bre-X Minerals’ claim to have 70.9 million oz. gold at the Busang property in Indonesia, American Technology Exploration told potential investors last year that it had 76 million …
DIAMOND PAGE — Juniors begin drilling for Alberta kimberlites
The search for Alberta kimberlites has begun in earnest for a number of junior exploration companies.Meteor Minerals (MMI-A) and partner New Claymore Resources (NCS-V) have begun drilling potential ta…
Corner Bay plans Mexican program
A trenching program is being planned by Corner Bay Minerals (BAY-T) to determine the strike extent and width of a gold-silver prospect on the Alamo Dorado property in southern Sonora, Mexico.The compa…
Noront aims for polymetallic riches at Windfall Lake
Diamond drilling has resumed on the Windfall Lake base metal and gold project east of Lebel-sur-Quvillon, Que., reports Noront Resources (NOT-V).Three holes were previously drilled on the property, in…