AFRICA SPECIAL — Reunion advances zinc project
London-based Reunion Mining is awaiting the results of a prefeasibility study for the Skorpion zinc deposit in Namibia.The company, which is listed on the London Exchange, has the right to earn up to …
News
Franc-Or drills gold in French Guiana
Drilling by Franc-Or Resources (FOR-T) at its Haute-Mana project in central French Guiana is confirming the presence of gold mineralization at depth.Results have been received from six holes drilled o…
AFRICA SPECIAL — Alpine and Robex work Malian play
Partners Robex Ressources (RBX-M) and Alpine Exploration (AXC-V) have begun exploring the Baroya gold property in Mali.The government of Mali recently granted the joint venture an exploration permit f…
Noranda options Canagau property
Noranda (NOR-T) is optioning the Canagau gold property of Mountain Lake Resources (MOA-V).Situated in Ben Nevis Twp. in northwestern Ontario, the property comprises 143 mining and 13 patented claims t…
Falco options Agnico property in Cobalt
The historic silver camp at Cobalt, Ont., is seeing renewed exploration activity, with Falconbridge (FL-T) optioning property held by Agnico-Eagle Mines (AGE-T).Falconbridge is exploring copper-zinc s…
CMM, Goldtex work Yemeni play
Calgary-based Canadian Mountain Minerals (CYM-A) and Kelowna-based Goldtex Resources (GXR) are encouraged by initial results from their gold-prospecting efforts in northwestern Yemen.The juniors are p…
PEOPLE — CHALICE MINING
Dong Bi appointed director.
PEOPLE — BORON CHEMICALS (February 03, 1997)
Robert Cogliandro appointed president.
GOLD FUNDS (February 03, 1997)
Gold Funds as of January 23, 1997BGRCentralNet Value$21.39$5.78Price$16.75…
St Andrew aims drills at Matheson gold properties
Diamond drilling by St Andrew Goldfields (SAS-T) may add new life to its past-producing Stock and Taylor gold properties in the Matheson area of northeastern Ontario.At the Stock property, deep drilli…
AFRICA SPECIAL — NEWS ROUNDUP — Greenhope funds exploration
A private placement has enabled Greenhope Resources (GRH-M) to raise just over $500,000 to fund exploration work in Mozambique.The major participant in the financing was Trillion Resources (TLQ-T), Gr…
AFRICA SPECIAL — Ashanti ups stake in three mines
The government of Ghana will transfer its interests in three gold mines to Ashanti Goldfields (AHD.U-T).Ashanti will acquire a 10% interest in the Iduapriem mine, raising its stake in the operation to…