Exall Resources records quarterly loss
Toronto-based Exall Resources (EXL-T) lost $716,431 (or 2 cents per share) in the three months ended Sept. 30, compared with earnings of $801,031 in the third quarter of 1998. Revenue between the peri…
News
Chief Consolidated to restart Trixie
Determined to return the Trixie gold-silver mine in Utah to production, Chief Consolidated Mining (CFCM-Q) has arranged a US$7-million private placement.The New York-based junior will issue 3.5 millio…
North explores in Mexico
Australian-based North will carry out underground mapping, sampling and surface work at the Sierra Mojada oxide zinc property in northern Mexico.The company can earn a 60% interest in the 17,450-acre …
DIAMOND PAGE — Twin Gold starts winter work
Toronto-based Twin Gold (TWG-T) has retained a geophysical firm to fly a high-resolution, magnetic, gradiometric and very-low frequency survey on its 444-sq.-km diamond property in northern Quebec.The…
Hudbay options VMS find
Anglo American (AAUK-Q) affiliate Hudson Bay Exploration & Development has optioned a volcanogenic massive sulphide (VMS) discovery made by Eureka Resources (EUK-V) in central British Columbia.HudBay …
DIAMOND PAGE — Partners change course on Baffin Island
A kimberlite cluster found on the northern end of Baffin Island, Nunavut, is likely a dud.Partners Mountain Province Mining (MPV-T) and Opus Minerals (OPUS-C), which announced the discovery earlier th…
Pacific Rim targets Luicho potential — Road construction, RC drilling planned for 2000
Ongoing surface rock sampling is enabling Pacific Rim Mining (PFG-T) to define a promising bulk-tonnage find at the Luicho gold project in southern Peru.The company has so far collected 1,600 chip cha…
Corner Bay tables estimate for Alamo Dorado
Consultants for Corner Bay Minerals (BAY-T) have calculated reserve figures and a pit design for the Alamo Dorado silver-gold deposit in Sonora state, Mexico, showing a minable reserve of 49.7 million…
EXPLORATION ’99 – Cameco drilling Despinassy
A 6,000-metre drill program by Cameco Gold (CCO-T) will test new targets on Major General Resources’ (MGJ-V) newly expanded Despinassy gold project, 75 km north of Val d’Or, Que.Major General now hold…
DIAMOND PAGE — Diamondex defines Hilltop targets for drilling
Based on early results from summer till sampling on the Hilltop property in the Northwest Territories, Diamondex Resources (DSP-V) plans to drill-test three target areas in early 2000.Diamondex was sp…
EXPLORATION ’99 – Noranda tests sulphide potential of Golden Temple
A first phase of diamond drilling by Noranda (nor-t) on the massive sulphide property known as El Gordo has encountered copper-enriched mineralization. The property, situated in Guanajuato state, Mexi…
EXPLORATION ’99 – Quebec’s northern frontier awakens — New discoveries boost potential of Eastmain, La Grande belts
Special to The Northern MinerYears of mapping, sampling and drilling may finally be paying off for juniors determined to make an economic discovery in the underexplored frontier of northern Quebec.Two…