Menora begins drilling in Guyana
Toronto-based Menora Resources (men-m) has begun a shallow drilling program on its 3,817-ha Tassawini gold prospect in Guyana.The program will collar up to 700 core samples, drilled to depths of 6 to …
Articles by Northern Miner Staff
KWG confirms gold at Morne Bossa prospect
Drilling by Montreal-based KWG Resources (kwg-t) at its Morne Bossa prospect, south of Cap Haitien in northern Haiti, continues to return encouraging gold values.Recent highlights include: 37.5 metres…
Quantum eyes Zambian mines
The government of Zambia has offered First Quantum Minerals (fm-v) a seat at the negotiation table in talks related to the sale of state-owned mines and processing facilities.The Zambian Privatization…
Eastmain Res. to explore greenstone belt in Quebec
Toronto-based Eastmain Resources (er-t) is gearing up to explore 65,000 ha of the Eastmain greenstone belt, which is situated 800 km northwest of Montreal, Que.At the Lac Hudson gold prospect, Eastmai…
Addwest shelves plans to raise capital on Canadian market
In light of recent fluctuations in the Canadian financial market, Addwest Minerals (ala-v) has decided to postpone a fund-raising and stock rollback on the Vancouver Stock Exchange.The Denver-based co…
EXCHANGE RATES (Bank of Canada noon rate)
DateApr. 22Apr. 21Apr. 18Apr. 17Apr. 16U.S. Dollar1.39551.3976…
Mongolia Gold adds ground
Mongolia Gold Resources (mgr-v) has added to its holdings in Mongolia by acquiring an 80% interest in two exploration licences.The properties, which, combined, cover 5,000 sq. km of ground in the cent…
TORONTO STOCK EXCHANGE INDICES (April 28, 1997)
1997Apr 22Apr 21Apr 18Apr 17Apr 16HighLowComposit…
Drilling expands Bulyanhulu resource
Deep drilling at the Bulyanhulu gold project in northwestern Tanzania has intersected gold mineralization some 300 metres beyond the previously defined depth to nearly 1,100 metres below surface.Sutto…
X-Cal options remainder of Sleeper mine in Nevada
Vancouver-based X-Cal Resources (xcl-v) intends to buy the remaining half of the Sleeper gold mine that it does not already own. The mine is in northern Nevada.The junior acquired a 50% stake in the o…
Delgratia resumes trading after assaying controversy
Las Vegas, Nev. — Shares of Delgratia Mining (delgf-q) have resumed trading after a 3-week halt related to controversy over assay results from the company’s Josh property, some 40 miles south of here…
ODDS ‘N’ SODS — A guilty conscience
.BBOB SINKSONWorking as an expatriate mine manager in South America, I learned that the margin between waking and dreaming can be very thin.One Sunday afternoon, I was sitting in my undershorts, dripp…