More gold for Madison at Mt. Kare
Madison Enterprises (MNP-V) has pulled more hot values from its Mt. Kare project in Papua New Guinea.The infill drilling program is aimed at boosting the initial resource estimate, which stands at 20….
News
THE NORTHERN MINER — Small Producers Index (April 12, 1999)
68.97 (+0.56)(Sept. 30/98 = 100)…
THE NORTHERN MINER — North American Mining Index (April 12, 1999)
84.55 (+1.1)(Sept. 30/98 = 100)…
COAL, URANIUM & OIL SANDS — Royal Oak gets yet another chance — Court extends bankruptcy protection to beleagured company
The impatient creditors of Royal Oak Mines (RYO-T) have been told to wait just a little longer before they begin to pick at the bones of the moribund gold producer.Mr. Justice James Farley of the Onta…
COAL, URANIUM & OIL SANDS — SouthernEra explores ground in NWT, eyes Brazilian gems
Diamond drilling by SouthernEra Resources (SUF-T) is testing the probable source of diamond-bearing boulders found near the shoreline of Munn Lake at the Back Lake project in Canada’s Northwest Territ…
COAL, URANIUM & OIL SANDS — Maracote buoyed by Peruvian assays
Maracote International Resources (MCE-V) has released encouraging drill results from four holes put down on its Halley property in south-central Peru.The junior has an option to acquire a 65% interest…
COAL, URANIUM & OIL SANDS — Cavelier drilling completed
A 6-hole drilling program at the Cavelier property, 25 km southwest of Matagami, Que., has partners Geonova Explorations (GNE-M) and Gowest Amalgamated Resources (GWA-A) reviewing their plans for the …
Careers (April 12, 1999)
Chief Exploration GeologistHudson Bay Exploration and Development Co., Limited, the wholley owned exploration subsidiary of Hudson Bay Mining and Smelting Co., Limited is seeking a Chief Exploration G…
COAL, URANIUM & OIL SANDS — Stratabound digs Monarca
Junior Stratabound Minerals (SB-A) has obtained favourable historical data on its Monarca polymetallic property in Mexico’s Coahuila state.A 1948 report, which is itself based on earlier accounts, sho…
Starcore Resources options PGE properties
Junior Starcore Resources (SOE-V) has optioned two properties — Mud Lake and Abiwin — in the Atikokan area of northwestern Ontario. The properties are about 100 km east of its Samuels Lake joint ven…
McWatters suspends mining at Sigma
McWatters Mining (MCW-T) has suspended underground gold mining at its Sigma-Lamaque complex in Val d’Or, Que.The shutdown has resulted in 197 of the complex’s 250 employees being laid off for an antic…
TVI forges ahead at Rapu Rapu
Independent metallurgical tests are painting a brighter picture at the Rapu Rapu polymetallic project in the Philippines for TVI Pacific (TVI-T) and its joint-venture partners.Signet Engineering of Au…