The Bre-X story will probably play itself out on the world stage for months to come, but it is now safe to say that something went terribly wrong at the company’s Busang gold project in Indonesia.We w…
In an agreement reached with LaSource Miniere of France, Manhattan Minerals (MAN-T) will increase its rights to the Tambo Grande massive sulphide project in Peru to 75% from 52.5%.Once a feasibility s…
Gold Funds as of March 27, 1997BGRCentralNet Value$21.59$6.11Price$17.75$…
SLN Ventures (SVN-V) has changed its name to Pan Ocean Explorations (POE-V) on a 1-new-for-6-old-share basis.
With four drill rigs turning at the Cerro Casale gold-copper porphyry target in northern Chile, Arizona Star Resource (AZS.V) and partner Bema Gold (BSO-T) have released a resource estimate indicating…
Mid-tier gold producer Meridian Gold (MNG-T), which has two mines in the U.S., is looking to expand its operations into Chile.The Reno-based company underwent a restructuring program in August 1996, p…
Central Asia Goldfields (CGZ-M) has released encouraging drill results from winter drilling on the Ashiktas and Ortasay gold prospects in Kazakstan (T.N.M. March 24/97).At Ashiktas, the first hole rep…
Vancouver-based Francisco Gold (FGX-V) will use the proceeds from a $29.5-million “bought-deal” financing to accelerate exploration activities in northern Mexico.The company plans to start a third pha…
International CanAlaska Resources (ICA-V) has picked up new ground in the growing mineral play in southwestern Chihuahua state, Mexico.The Vancouver-based junior can acquire two property packages, the…
Partners Guyanor Ressources (GRL.B-T) and Asarco (AR-N) have begun core drilling at the Dieu-Merci property in northern Guyana.The companies, which have signed a 4-year option deal to earn a full inte…
Drilling at the Camsell Lake diamond project in the Northwest Territories is focusing on an 8-sq.-km target area where diamondiferous kimberlite boulders and anomalous concentrations of pyrope garnets…
Two holes drilled by El Misti Gold (EMG-V) at its Santa Rosa property in southern Peru have intersected a 50-metre-wide zone of high-grade gold mineralization.The zone is associated with epithermal qu…
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