Summo Minerals working Colorado copper project
Exploration and definition drilling are under way at the Cashin copper property in Colorado.Initially, Summo Minerals (VSE) plans to drill 25 holes totaling 8,000 ft., the objective of which is to exp…
Articles by Northern Miner Staff
Paramount expands holdings in northwestern Argentina
The northwestern tip of Argentina continues to attract Vancouver-based Paramount Ventures & Finance (VSE).The junior can expand its land position in the province of Jujuy — currently about 60,000 hec…
Eden Roc to double production
For the first six months of 1995, gold production at Eden Roc Mineral’s (TSE) Ivory Coast property is expected to be more than double what it was in the same period last year.Output for the period is …
Freeport upgrades Indonesian mine
Milling rates are surpassing expectations as Freeport-McMoRan Copper & Gold (NYSE) completes its expansion of the Grasberg copper-gold operation in Indonesia’s Irian Jaya province.The goal of 115,000 …
Glencairn drills Goodfish play
Drilling is under way at the Goodfish property near Kirkland Lake, Ont., where past drilling returned up to 0.49 oz. gold per ton across 41.5 ft.Glencairn Explorations (ASE) is operating the current 5…
Forrest trench results promising
Gold enrichment has been found to exist in each of 10 trenches at the Forrest project of Trillion Resources (TSE).The property is in the Kadoma region of Zimbabwe, where Trillion has licences to carry…
Francisco forms JV in Mexico
El Realito, a gold-silver property in Mexico’s Chihuahua state, will be explored by Nord Pacific (NASDAQ) and Francisco Gold (VSE).Francisco, an Australian-based company, paid US$100,000 for the prope…
International Pursuit buys Bigacon mill in Philippines
Should the Hinoba-an porphyry copper property in the Philippines be approved for production, an on-site mill will be ready to process the ore.International Pursuit (TSE), which holds an option to acqu…
Nuinsco encouraged by drill results
Diamond drilling by Nuinsco Resources (TSE) in Ontario’s Rainy River district has revealed intervals of high-grade gold.Of 22 holes drilled on the Richardson Twp. property, 17 have been analyzed, with…
Former Ugandan cobalt producer attracts attention of Banff Resources
Preparations are under way to resuscitate the Kilembe copper-cobalt mine in Uganda.Banff Resources (VSE) can earn a 65% interest in the former producer from the Ugandan government by completing a feas…
“Pride and vision” theme of CIM Centennial
“Pride in the past and vision for the future” will be the theme used in 1998 to mark the 100th anniversary of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).Anne McLellan, Canada’s m…
Insider Trading — Cameco insiders exercise options, sell shares
Four Cameco (TSE) insiders exercised options and sold shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Gary Chad, senior officer, exercised options and acquired 3,000 sha…