Tom Exploration gains Dasserat porphyry target
Junior Tom Exploration (tum-m) is acquiring the Dasserat porphyry-gold property, which consists of six mining claims and three mining concessions just north of the Larder Lake-Cadillac fault in northw…
Articles by Northern Miner Staff
GOLD FUNDS (August 11, 1997)
Gold Funds as of July 31, 1997BGRCentralNet Value$18.26$5.51Price$13.80$5…
Etruscan drills for gold in Niger
Etruscan Enterprises (eet-t) has drilled significant gold intersections at its Boulon Djounga West gold discovery in westernmost Niger, West Africa.Boulon Djounga West lies within Etruscan’s 1,241-sq….
Blue Emerald gains nod for Nicaraguan project
Toronto-based junior Blue Emerald Resources (ber-v) has received final regulatory approval for its Oro de Murra mining concession in the Nueva Segovia district of northern Nicaragua.To earn a 68.25% i…
Rio Tinto takes Cruces to feasibility
Rio Tinto (rtp-n) has announced it will continue with feasibility work on Las Cruces, a copper property in southern Spain.The company has located copper mineralization 15 km north of Seville, within t…
Tons added at Virginiatown
More drilling by Armistice Resources (aci-m) at its Sheldon-Larder property, southwest of Virginiatown, Ont., has confirmed the existence of mineralization similar to the “flow ore” at the nearby Kerr…
Echo Bay takes another loss on chin
Echo Bay Mines (ECO-T) reported a substantial loss for the second quarter of 1997.The Denver-based company lost US$20.7 million during the 3-Month period ended June 30, compared with a loss of US$14.6…
Greatest value traded, July 23-29
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DIAMOND PAGE — Magino envisaged as big low-grade target
Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…
Gold Funds (August 04, 1997)
Gold Funds as of July 24, 1997BGRCentralNet Value$18.18$5.44Price$13.95$5.450Discount23.26%Premium0.2%Value$135,088,000$98,641,185…
ODDS ‘N’ SODS — That sinking feeling
Back in the 1950s, when we were kids in the northern Ontario mining town of Chaput Hughes, near Kirkland Lake, we spent more time roaming the local woods than we spent at home.We could be found either…
DIAMOND PAGE — Trivalence reports sale of gems
Diamond producer Trivalence Mining (TMI-V) recently completed its third gem sale of 1997, in Conakry, Guinea.A parcel containing 3,034 carats of rough diamonds was sold for US$1.7 million at the avera…