Weak financial markets and gold prices have prompted Procoloro Resources (PCH-M) to suspend exploration at its properties in Panama. The junior, which is based in Val d’Or, Que., has other projects in…
Eleven years after discovering a silver-lead-zinc deposit in the Beaulieu River greenstone belt of Canada’s Northwest Territories, partners Hemisphere Development (HSD-V) and Aber Resources (ABZ-T) ha…
Following a review of historical data, Mongolia Gold Resources (MGR-V) plans to explore a newly acquired silver project in the Camsell River district of the Northwest Territories.The Vancouver-based j…
Recent acquisitions by Grayd Resource (GYD-V) have significantly increased its position and exposure in the state of Alaska such that it now holds a portfolio of 19 properties in seven districts.Forme…
Exploration Mirandor (MIG-M) has finalized its agreement with Kinross Gold (K-T) for the joint exploration, development and operation of Mirandor’s Railroad gold project in Nevada’s Carlin trend.The R…
NovaGold Resources’ (NRI-T) wholly owned subsidiary, Murray Brook Resources, has begun a 6,000-ft. diamond drilling program at the Murray Brook massivesulphide deposit in northeastern New Brunswick.Th…
At its Santa Gertrudis mine in northern Mexico, Campbell Resources (CCH-T) has completed an exploration program designed to delineate easily accessible deposits that would lend themselves to near-term…
Low gold prices translated into lower earnings for Franco-Nevada Mining (FN-T over the 9-month period ended Dec. 31, 1997.The royalty company reported income of $37.9 million (or 50cents per share) on…
While diamond prospects in Canada’s North remain its primary focus, Winspear Resources (WSP-V) is helping fund a drill program now testing the Wekusko property about 45 miles southeast of Snow Lake, M…
Initial drill results from the Rosia Montana gold project of Gabriel Resources (GBU-V) have proven encouraging.The program is designed to upgrade the resource at the Romanian deposit, which stands at …
Toronto-based Republic Goldfields (RGF-V) has agreed to sell its Congress gold project and related assets to an undisclosed purchaser for the bargain-basement price of US$250,000. The Congress propert…
Yamana Resources (YRI-T) has secured its first contract of work (CoW) from the government of Indonesia on its Block 1 property in Kalimantan.On Feb. 19, the Indonesian Minister of Mines and Energy sig…
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