Tale of the tape at Busang
Bre-X Minerals disclosed these drill hole results from due-diligence investigations by Freeport-McMoRan at the Busang gold project:HoleInterval(m)Bre-X Go…
Articles by Northern Miner Staff
PEOPLE — ABSTRACT ENTERPRISES (April 07, 1997)
Mohamed Verjee and Karim Nanji appointed directors.
SPOT PRICES AT A GLANCE (April 07, 1997)
Wednesday, April 2, 1997Price (US)Week’s ChangeGold*$350.70+ $3.90Silver*$ 4.98…
LATIN AMERICA — Impact starts exploration program at Eagle Mountain
A follow-up exploration program by Impact Minerals (IPT-V) is testing the Eagle Mountain gold property, some 45 km from Cambior’s Omai gold mine in central Guyana.The program is being funded by Calgar…
LATIN AMERICA — Junior eyes Mexican project
Toronto-based Breckenridge Minerals (BREK-C) has signed a joint-Venture agreement allowing an Ontario numbered company to earn a 25% interest in the Palmarejo silver project in Chihuahua state, Mexico…
LATIN AMERICA — Fremont to step up drilling in Chile
Vancouver-based Fremont Gold (FGLD-Q.OTC) is encouraged by results from preliminary drilling on the Resguardo gold project in northern Chile.Highlights include: hole 97-3, which encountered 21 metres …
EDITORIAL PAGE — `Insignificant amounts of gold’ — Busang goes bust
The Bre-X story will probably play itself out on the world stage for months to come, but it is now safe to say that something went terribly wrong at the company’s Busang gold project in Indonesia.We w…
GOLD FUNDS (April 07, 1997)
Gold Funds as of March 27, 1997BGRCentralNet Value$21.59$6.11Price$17.75$…
NEWS IN BRIEF (April 07, 1997)
SLN Ventures (SVN-V) has changed its name to Pan Ocean Explorations (POE-V) on a 1-new-for-6-old-share basis.
Bema, Arizona Star release Cerro Casale estimate
With four drill rigs turning at the Cerro Casale gold-copper porphyry target in northern Chile, Arizona Star Resource (AZS.V) and partner Bema Gold (BSO-T) have released a resource estimate indicating…
LATIN AMERICA — Meridian Gold pushes El Peon in Chile
Mid-tier gold producer Meridian Gold (MNG-T), which has two mines in the U.S., is looking to expand its operations into Chile.The Reno-based company underwent a restructuring program in August 1996, p…
LATIN AMERICA — Ambrex outlines resource in southwestern Brazil
The drill-indicated resource outlined by Ambrex Mining (AMBX-C) at the Aripuana property in the northwestern portion of Brazil’s Mato Grosso state now stands at 2 million tonnes grading 10.7% zinc, 2%…