Great Basin hits bonanza grades at Ivanhoe
Great Basin Gold (GBG-V) has intersected bonanza gold and silver grades at its Ivanhoe property, in Nevada’s Carlin trend.The junior hit a number of epithermal, multi-stage, quartz veins containing hi…
News
EXPLORATION 1998 — New crop of juniors exploring in Nevada — Focus on gold and copper-silver potential
A new crop of juniors is exploring for minerals in Nevada, and not all are looking for gold; several are pursuing copper and silver targets.* Calgary-based Cascade Metals (CEM-A), while focused primar…
Companies (March 09, 1998)
Aber ResourcesAlmaden ResourcesAlta GoldAlto MineralsAmax GoldAmbrex MiningAnglo AmericanAranlee ResourcesArchon MineralsArcturus ResourcesArgentina GoldArmistice ResourcesAsarcoAtlasAtna ResourcesAug…
Viceroy boosts production
During 1997, Viceroy Resource’s (VOY-T) share of production from its two mines totalled 158,348 oz. gold at an average cash cost of US$244 per oz.Since achieving commercial production last May, the fu…
EXPLORATION 1998 — Greenland target for Softrock
Softrock Minerals (SFT-A) has identified areas of anomalous gold mineralization at its Lindenow property in southeastern Greenland.In the portion of the property known as Kutseq, preliminary explorati…
EXPLORATION 1998 — Minorca buys Canarc shares
Toronto-based Minorca Resources (MAR-T) recently purchased 1.3 million shares of Canarc Resource (CCM-T), and followed up this $1-million private placement by acquiring an additional 800,000 Canarc sh…
EXPLORATION 1998 — No joy yet at Golden Boy
The first hole drilled by ProAm Explorations (PMX-V) has failed to hit the motherlode at the Golden Boy project north of Winnipeg, Man.While the drilling did intersect extensive disseminated sulphides…
EXPLORATION 1998 — Virginia hits gold in Quebec
Virginia Gold Mines (VIA-M) has identified a gold-bearing structure at its Corvet West property near James Bay, in Quebec.The showing, situated in the Guyer volcanic belt, is associated with an east-w…
Argentina Gold busy at Veladero
Junior Argentina Gold (ARP-V) has released further drill results from its 60%-owned Veladero project, 400 km north of San Juan in western Argentina, near the Chilean border.The Vancouver-based company…
EXPLORATION 1998 — Mineral exploration on rise in Sweden
For Swedish mining and exploration, 1997 will be remembered as a boom year.Preliminary figures from the Swedish Geological Survey show that exploration in the Scandinavian country reached record heigh…
EXPLORATION 1998 — Barrick to drill Eastmain project
A 4,000-metre drill program by Barrick Gold (ABX-T) will further test the Lac Elmer gold project in Quebec’s Eastmain River greenstone belt.The major can earn a 50% interest in the project from Eastma…
EXPLORATION 1998 — Spectrum deals Ban Phuc interest to Falco
Falconbridge (FL-T) has teamed up with Spectrum Resources (SPC-V) on the latter firm’s Ban Phuc nickel-copper concession in Vietnam.Spectrum holds a 70% interest in Ban Phuc Nickel Mines, the owner of…