EXPLORATION 1998 — Sikaman refocuses on Quebec
In keeping with its plan to become a producer, Sikaman Gold Resources (SKG-T) has acquired a 50% interest in two base metal properties near Rouyn-Noranda, Que.The Hebecourt property, which hosts a pro…
News
EXPLORATION 1998 — Noranda continues drilling in northeastern Ontario
The exploration arm of Noranda (NOR-T) has resumed drilling at the Canagau project in northeastern Ontario to follow-up a hole that hit low-grade zinc-copper-silver mineralization.A minimum of 2,000 m…
EXPLORATION 1998 — Juniors gain CoWs in Indonesia — Government screening process weeds outs potential Bre-X copycats
The CoWs are coming home for junior companies exploring for minerals in Indonesia.After a period of scrutiny meant to weed out potential rogue operators, the Indonesian Ministry of Mines has ratified …
EXPLORATION 1998 — Hemisphere to drill Sunrise Lake — Formal agreement with Aber sets stage for work program
Eleven years after discovering a silver-lead-zinc deposit in the Beaulieu River greenstone belt of Canada’s Northwest Territories, partners Hemisphere Development (HSD-V) and Aber Resources (ABZ-T) ha…
EXPLORATION 1998 — Mongolia Gold eyes silver mine
Following a review of historical data, Mongolia Gold Resources (MGR-V) plans to explore a newly acquired silver project in the Camsell River district of the Northwest Territories.The Vancouver-based j…
EXPLORATION 1998 — Mirandor and Kinross seal Railroad deal
Exploration Mirandor (MIG-M) has finalized its agreement with Kinross Gold (K-T) for the joint exploration, development and operation of Mirandor’s Railroad gold project in Nevada’s Carlin trend.The R…
EXPLORATION 1998 — NovaGold plans programs
NovaGold Resources’ (NRI-T) wholly owned subsidiary, Murray Brook Resources, has begun a 6,000-ft. diamond drilling program at the Murray Brook massivesulphide deposit in northeastern New Brunswick.Th…
EXPLORATION 1998 — Royalty sisters report reserve boost at Ken Snyder
Low gold prices translated into lower earnings for Franco-Nevada Mining (FN-T over the 9-month period ended Dec. 31, 1997.The royalty company reported income of $37.9 million (or 50cents per share) on…
EXPLORATION 1998 — Campbell plans further exploration at Santa Gertrudis mine property
At its Santa Gertrudis mine in northern Mexico, Campbell Resources (CCH-T) has completed an exploration program designed to delineate easily accessible deposits that would lend themselves to near-term…
EXPLORATION 1998 — Winspear drills Wekusko
While diamond prospects in Canada’s North remain its primary focus, Winspear Resources (WSP-V) is helping fund a drill program now testing the Wekusko property about 45 miles southeast of Snow Lake, M…
EXPLORATION 1998 — Gabriel exploring historic Romanian gold district — Program seeks to upgrade resource
Initial drill results from the Rosia Montana gold project of Gabriel Resources (GBU-V) have proven encouraging.The program is designed to upgrade the resource at the Romanian deposit, which stands at …
EXPLORATION 1998 — Republic to sell Congress
Toronto-based Republic Goldfields (RGF-V) has agreed to sell its Congress gold project and related assets to an undisclosed purchaser for the bargain-basement price of US$250,000. The Congress propert…