NFX drills at Cheminis
A hole drilled by NFX Gold (NFXG-C) has returned 0.16 oz. gold per ton over 30 ft., about 2,000 ft. below surface, at the Cheminis property in northern Ontario.The intersection includes a 20-ft. inter…
News
St Andrew eyes Fenn-Gib
A $1-million exploration program by St Andrew Goldfields (SAS-T) will test extensions of known gold zones at the Fenn-Gib project near Matheson in northern Ontario.The Toronto-based junior recently co…
DIAMOND PAGE — Redaurum finds new partner
Toronto-based Redaurum (RRK-T) has signed Diamond Ventures Exploration (DVE), a wholly owned subsidiary of Australia-based Diamond Ventures, to a joint-venture agreement covering the Orapa North proje…
MOST ACTIVE ISSUES, Jan. 28-Feb. 3
ExchgVol(000’s)Close.ZSBarrick Gold T 1467226.70Placer Dome…
DIAMOND PAGE — Aber elects not to participate in program at Snap Lake
A decision by Aber Resources (ABZ-T) not to participate in the 1998 field program on the Haywood diamond project at the Camsell Lake property means Winspear Resources (WSP-V) is going it alone and wil…
Amblin goes deep at Lyndhurst copper mine
Junior Amblin Resources(AX-A) has begun drilling the first of two 3,000-ft. holes on the Lyndhurst copper mine property, 20 miles north of Noranda’s Horne smelter in northwestern Quebec.To earn a half…
Companies (February 09, 1998)
Aber ResourcesAkrokeri-Ashanti Gold MinesAmblin ResourcesAmbrexAnglo-AmericanAsarcoAsquith ResourcesBanro ResourceBattle Mountain GoldBirim GoldfieldsBlue EmeraldResourcesCobre MiningComincoContinenta…
Akrokeri boosts gold output in Ghana
So far this year, production is up and costs are down for Akrokeri-Ashanti Gold Mines (AAGM-C), operator of a placer mine in Ghana, West Africa.The company produced about 3,636 oz. gold in January, up…
Fortune ups Sue-Dianne resource
Further drilling at the Sue-Dianne project near Mazenod Lake, N.W.T., has expanded the resource in the copper deposit.Operator Fortune Minerals (FT-T), which is earning a 50% interest in the project f…
LETTER TO THE EDITOR — Huckleberry mine not recognized
I was disappointed that no reference was made to Huckleberry Mines in your article “New Mines Open in 1997” (T.N.M., Jan. 5-11/98).The Huckleberry mine, which is owned 60% by Princeton Mining and 40% …
Birim tests Bui area licences
Soil-sampling and mapping programs are under way at the 7,000-sq.-km Bui area licences in central Ghana, reports Birim Goldfields (BGI-T).The Montreal-based junior has focused its efforts on Birimian …
PRODUCER AND DEALER PRICES (February 09, 1998)
Aluminum: LME settlements US$1,503.50, alloy US$1,319.50 per tonne (Feb.3/98).Antimony: Representative mid-market US$1,735 per tonne (Feb. 3/98).Bismuth: Representative mid-market US$3.50 per lb. (Feb…