Northfield drill-tests Panamanian gold project
A subsidiary of Northfield Minerals (TSE) has completed a program of reverse-circulation drilling on the Minera Remance property near Panama City.The subsidiary, which is earning up to an 86% interest…
A subsidiary of Northfield Minerals (TSE) has completed a program of reverse-circulation drilling on the Minera Remance property near Panama City.The subsidiary, which is earning up to an 86% interest…
St. Genevieve Resources (TSE) has sold 2.2 million shares of Novicourt (TSE) for $5.25 per share.The transaction generated proceeds of $11.2 million and a profit of $6.1 million. The proceeds will be …
Bulk sampling has enhanced the potential of Armistice Resources’ (ME) gold property in Virginiatown, Ont.The company mined a 3,200-ton bulk sample with an estimated grade of 0.3 oz. gold per ton. The …
Nickel giant Inco (TSE) will repurchase up to 10 million (about 10%) of its common shares.The repurchase is expected to end no later than July 12, 1996. The shares will be paid for with internal cash …
The acquisition of the Otjosondu manganese mine in central Namibia continues to face delays.Last August, Banner Mining (VSE) agreed to buy all the issued capital of the mine’s owner, Purity Manganese,…
Montreal-listed Orleans Resources has received the mining leases required to build its wollastonite production facilities.Orleans owns a sizable wollastonite deposit in the Saguenay-Lac St. Jean area …
Owing to a delay in drilling at the Chachacomiri property in Bolivia, Rio Amarillo Mining (VSE) has given Cominco (TSE) a 2-month extension on a US$400,000 option payment previously due at the end of …
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Drilling is continuing on La Rock Mining’s (VSE) Brandywine property, 25 miles north of Squamish, B.C. To date, assays results have been reported from 15 holes in what is expected to be a 23-hole prog…
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A junior company based in Spokane, Wa., has picked up ground in the Flowers River area situated about 85 km southeast of Voisey Bay. Antilles Resources (VSE) says the claims were originally located by…
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