Meetings (April 06, 1998)
April 6, DoublestarApril 6, First GoldApril 6, RankinApril 6, South American Gold & CopperApril 7, DobranaApril 7, HaddingtonApril 7, IrianaApril 7, Pan AfricanApril 8, CartaApril 8, WestallApril 9, B…
News
Cons. Nevada shuts Aurora
Two key management personnel have quit Consolidated Nevada Goldfields (KNV-T), in the wake of its decision to close the Aurora gold mine in Nevada.Senior Vice-President of Operations Jack Haptonstall …
Southern Africa pulls high-grade at Caber
Recent drilling by Southern Africa Minerals (SAF-T) at the Caber property, 25 km west of Matagami, Que., has identified high-grade base metal mineralization.One of four core holes drilled to test the …
Drills turn at Murray Brook
Darmouth, N.S.-based NovaGold Resources (NRI-T) will shortly begin a second phase of drilling on its Murray Brook massive sulphide deposit, 60 km west of Bathurst, N.B.The program, which will consist …
Noront, Alto add potential to Windfall
Partners Noront Resources (NOR-V) and Alto Minerals (ATO-V) are following-up encouraging drill results with a geophysical survey at the Windfall Lake gold project in Quebec’s Urban Twp.The program, ai…
Peruvian Gold launches bid for Gabriel
With a healthy cash position of approximately $12 million, Peruvian Gold (PVO-V) has taken a shine to the eastern European gold projects of Gabriel Resources (GVU-V) and has arranged to merge with the…
Finsch prepares for middle age — Increased automation important to underground success
Lime Acres, South Africa — The miner’s instinct to get an obstacle out of the way with a drill and a few sticks of powder is usually a reliable one.But what do you do with an obstacle that is made of…
Sutton to raise funds for Bulyanhulu gold project
A syndicate of investment dealers, led by Bunting Warburg, has agreed to purchase 4.75 million shares of Sutton Resources (STT-V) at $10.65 per share, for gross proceeds of $50.6 million.The underwrit…
Challenger eyes Wawa region
A joint-venture agreement has set the stage for three junior companies to explore a combined land package in Leclaire Twp., about 50 km northwest of Wawa, Ont.Challenger Minerals (CGJ-V) has agreed to…
LATIN AMERICA — Blue Desert extends Enero
Vancouver-based junior Blue Desert Mining (BDE-A) continues to outline a copper deposit at its Enero property in central Chile, 150 km north of Santiago.Geophysical work on the newly discovered Mulas …
Armada finances Siberian project
Junior Armada Gold (AAU-T) has closed a $1.4-million private placement with Levesque Beaubien Geoffrion aimed at financing exploration work in Siberia and Mongolia.The financing consists of 6.6 millio…
Minorca teams with Tan Range — Work program under way at Itetemia
Juniors Minorca Resources (MAR-T) and Tan Range Exploration (TNX-A) will shortly sign a formal agreement to jointly explore the latter’s Itetemia gold property in the Lake Victoria Goldfields region o…