Norcal and Gold Giant identify targets
Partners Norcal Resources (NLR-V) and Gold Giant Minerals (GNR-V) have identified 15 geophysically derived drill targets at theirNorgiant project in northwestern Quebec.Operator Norcal says that 11 of…
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Geomaque gives boost to Vueltas del Rio deposit
Ongoing metallurgical studies have allowed Geomaque Explorations (GEO-T) to increase resources for the San Juan zone on its advance-staged Vueltas del Rio gold project in northwestern Honduras.Resourc…
Placer and Cortez return to court to settle royalty claim
Placer Dome (PDG-N), Cortez Gold Mines and ECM, a private company, may soon return to court to settle their differences regarding the Pipeline deposits in central Nevada.The U.S. Ninth Circuit Court o…
Western Pinnacle to evaluate gold deposits in eastern Siberia
Moscow-based Western Pinnacle Mining (WPN-V) has signed an agreement to evaluate three gold deposits near Chita in eastern Siberia, Russia.Western Pinnacle will set up a 50-50 joint venture with the R…
Rhonda, Noranda hit lead-zinc at Esker project
Partners Rhonda Mining (RDM-A) and Noranda (NOR-T) have received mixed results from drilling at their Esker base-metal project in the Northwest Territories.Results ranged from 0.08% lead and 0.97% zin…
EDITORIAL — Metals demand hangs in balance — Paper Asian tigers
For much of the past decade, the mature economies of Europe and North America have taken a back seat to the outstanding growth performance of the so-called Asian tigers. Yet few perceived the structur…
Placer earns awards for Ontario mine
The Campbell gold mine of Placer Dome near Red Lake, in northwestern Ontario, has received three awards from the Ontario Ministry of the Environment.Presented as part of the ministry’s Pollution Preve…
Astro signs agreement with Caldera
Australian-based Caldera Resources (CDR-M) has dealt an option to earn a 60% interest in its Abminga diamond project, on the northern border of South Australia, to Australian diamond explorer Astro Mi…
Junior explores ground near Savant Lake
Recent surface exploration by Prospectors Alliance (PALL-C) has prompted the company to mobilize a drill rig to a newly staked property in the Savant Lake area of northwestern Ontario.The junior is ex…
TORONTO STOCK EXCHANGE INDICES (December 29, 1997)
1997Dec.23Dec.22Dec.19Dec.18Dec.17HighLowComposit…
MOST ACTIVE ISSUES, Dec. 15-19
ExchgVolume(000s)CloseWestmin ResT122575.45Placer DomeT…
Blue Emerald explores in Nicaragua
A geochemical sampling program by Blue Emerald Resources (BER-V) has identified two anomalous trends on the Quebrada de Oro project in northern Nicaragua.The trends are believed to host numerous gold …