News




Madsen boosts reserves at namesake gold mine

Underground drilling is enabling Madsen Gold (MGF-T) to increase reserves at its Madsen mine in the Red Lake camp of northwestern Ontario.During the fourth quarter of 1996, the company outlined, in th…


Royalty sisters to build Nevada mine

Sister royalty companies Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have approved an US$84-million development plan for the Rex-Grande gold deposit in Nevada’s Carlin trend.The companie…


Romarco hits high-grade gold

Romarco Minerals (R-T) has hit its hottest hole yet at the Midas gold-silver property in Nevada’s Carlin trend,The company completed six reverse-circulation (RC) holes and two core holes before the pr…


Delta proves up Philippine project

Preliminary exploration on Delta Gold Mining’s (DTG-V) newly acquired Asturias copper project in the Philippines has identified several large zones of strong copper mineralization.The project is the f…


Hemlo prospector appointed to the Order of Canada

Donald McKinnon, who helped identify, stake and promote the gigantic Hemlo gold deposit in north-central Ontario in the early 1980s, has been appointed to the Order of Canada.Born in Cochrane, Ont., i…




Aneka Tambang gains control of ERI Ventures

Indonesia’s state-owned mining company will acquire a controlling share position in Vancouver-based ERI Ventures (EVI-V). In return, ERI will acquire interests in 13 properties on the island of Java.U…


Palmer Res. sees red in northern Vietnam

Junior Palmer Resources (PMD-V) is targeting widespread, sediment-hosted, stratiform copper mineralization in Vietnam’s northern province of Bac Giang.The company has secured three exploration licence…


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