Golden Goose sees mine potential
A prefeasibility study by BLM Bharti Engineering concludes that the Magino gold project, in north-central Ontario, has the potential to be developed into a large-tonnage, open-pit mine.The project, wh…
Articles by Northern Miner Staff
Platinova keeps up search in Greenland
The start of drilling at the West Greenland diamond project of Platinova (PAS-T) is set for mid-January.Much of the 1997 field season was devoted to reconnaissance indicator mineral sampling, as was t…
STOCK MARKETS — Depressed mining stocks point to sluggish VSE — Cross Lake, Mountain Lake among the few juniors to buck the trend
The Vancouver Stock Exchange composite index closed down 25.86 points, or 3.9%, to close at 631.35 for the report period ended Dec. 2. The mining index dropped 24.95 points, or 4.6%, to close at 515.3…
MOST ACTIVE ISSUES, Nov. 26-Dec. 2
ExchgVol(000’s)CloseWestmin ResT125295.75Inco LtdT…
Ashton plans more sampling
The first two drill samples from K91, the most recent kimberlite found on the Buffalo Hills project in north-central Alberta, have yielded seven macrodiamonds and 139 micros from 79 kg of core.The two…
EXPLORATION ROUNDUP — Another season wraps up at Meliadine West
With $16.2 million having been spent on exploration there to date, the Meliadine West gold project in the Northwest Territories is being advanced from exploration to the prefeasibility stage. The proj…
EXPLORATION ROUNDUP — Noveder hits copper-zinc at Betts Cove
A drill program by Noveder (NED-M) has confirmed the presence of a zone of copper and zinc mineralization at the Betts Cove project on Newfoundland’s Baie Verte Peninsula.The junior has completed seve…
EXPLORATION ROUNDUP — Cyprus benefits from Zambian privatization
Ongoing drilling has enabled Cyprus Amax Minerals (CYM-N) to outline a preliminary resource for the Kansanshi copper deposit in Zambia.The project — the first to have been awarded to a Western mining…
LME WAREHOUSE LEVELS (December 01, 1997)
Metalstocks (in tonnes) held in London Metal Exchange warehouses at Nov.24/97 (change from previous week in brackets):MetalStock(tonnes)Change…
Freegrant Silver gains NB polymetallic deposit
A polymetallic deposit at Sisson Brook, N.B., is now in the hands of Freegrant Silver, a privately owned New Brunswick-based firm.The property, situated 30 km north of Fredericton, was drilled in the …
Teck, WCH pleased with Mexican results
A new polymetallic find at the Mexican joint venture known as El Salvador has returned some encouraging results for 55-45 partners Teck (TEK-T) and Western Copper Holdings (WTC-T).Drill hole SAL-25 cu…
NEW HORIZONS — Fingerprinting gold
Historians of gold have always pondered the origin of the metal used by Venetians in the 12th century for their ducat coins and by Benvenuto, the Renaissance goldsmith, for his famed gold salt cellar….