While exploration continues on its Florencia concession in Cuba, MacDonald Mines Exploration (MMP.A-A) has begun drilling its nearby Golden Hill property in order to calculate a resource estimate for …
Junior Altavista Mines (AIA-M) has discovered another gold-bearing structure at its Santa Anna property, 15 km southwest of La Sarre in northwestern Quebec.The new discovery, called Zone 10, is 100 me…
Diamond drilling by Prospectors Alliance (PALL-C) continues to generate positive results from the Alder Pond base metal property in northern Maine.A drill program is delineating the flat-lying, northe…
The writeoff of the Alaska-Juneau gold project took its toll on the 1996 earnings of Colorado-based gold producer Echo Bay Mines (ECO-T).The company reported a net loss of US$69.6 million before speci…
A deal with a subsidiary of Kazakhstan Minerals (KMU.U-T) will allow Aranlee Resources (ARB-V) to acquire 10 mineral properties covering 9,7000 sq. km in central Kazakstan.Aranlee will acquire the pro…
Although July 1 in Red Lake, Ont., was hot and dry, it was a perfect day for the town’s annual Dominion Day celebration.The day’s activity’s were to consist of team fire-fighting competitions, hand-mu…
The Koktasjal deposit of Ursa Major International (FFR-M) lies in the Koktasjal licence area, not in the Nirinsk licence area. Also, the Nirinsk licence area is 210 km northwest, not northeast, of Kar…
Glenn Shevchenko appointed president and director; Bernard Kahlert appointed senior technical advisor and director.
River Gold Mines (RIV-T) has bought the Magnacon mill near Wawa, Ont., from Golden Goose Resources (GGR-T), Windarra Minerals (WRA-T) and Westward Explorations (WWE-V). In return, Golden Goose will re…
ALUMINIUM: LME settlements US$1,594 per tonne, alloy $1,507 per tonne (Feb. 4/97).ANTIMONY: Composite free market, US$2,400 per tonne (Feb. 4/97).BISMUTH: Composite free market US$3.15 per lb. (Feb. 4…
An expanded resource at the Pederson project and results from ongoing exploration have Orvana Minerals (ORV-T) confident that other gold deposits will be found on the Bolivian property.The company est…
After five years of studies and consultations with local communities and native groups, Battle Mountain Gold (BMG-N) has announced the completion of an environmental impact statement (EIS) for its Cro…
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