Noront, Alto await Windfall results
A preliminary program of three diamond drill holes totalling 717 metres has been completed on the Windfall Lake base metal and gold project in northwestern Quebec.Situated 90 km east of Lebel-Sur-Quvi…
News
STOCK MARKETS — Voisey’s Bay juniors head south on release of assays — Drill results also prove damaging to Cross Lake, Ontario partners
The Vancouver Stock Exchange composite index slipped below the 600 level during the report period ended Dec. 16 to close at 584.19, down 23.21 points, or 3.8%. The mining index was off 17.84 points, o…
STOCK MARKETS — Gold issues heat up on a cool TSE — Broad market moves lower, led by base metal miners
The Toronto Stock Exchange fell 199.56 points over the trading period Dec.10-16, closing at 6,567.43 as the mining stocks and the conglomerates headed southward in moderate-to-heavy trading; but for a…
Armada secures funds for Erdmin project
Armada Gold (AAU-T) has secured financing to continue its expansion of the Erdmin copper plant in Mongolia.The second phase of the expansion is designed to boost daily copper output to 60 from 10 tonn…
Sulliden hits more copper-gold in Peru
Sulliden Exploration (SUE-M) has intersected additional porphyry copper-gold mineralization at its Peruvian project known as Las Huaquillas.In the San Antonio zone, diamond drill hole 17 intersected 1…
Voisey’s Bay EIS submitted to government
Inco (N-T) subsidiary Voisey’s Bay Nickel has submitted its environmental impact statement (EIS) for the Voisey’s Bay mine in Labrador.The company expects the environmental review and approval process…
Viceroy options property
in Yukon mining districtViceroy Resource (VOY-T) has inked a deal with Eagle Plains Resources (epl-a) and Miner River Resources (MRG-G) whereby it can earn a 70% interest in the 29-claim McQuesten pro…
Naneco eyes Chinese prospect
Naneco Minerals (NNE-A) can acquire a 70% interest in a lead-zinc-silver mine in northern China if its takeover of a private Canadian firm proceeds as planned.The company is set to acquire British Col…
Minco adds to Chinese projects
Minco Mining & Metals (MMM-V) has signed two co-operation agreements with a large Chinese base-metal producer, Baiyin Non-Ferrous Metals (BNMC), covering a pair of base metal projects in China’s north…
TVI forms Aussie partnership
Australian-listed Spinifex Philippines intends to earn a majority interest in the Rapu Rapu polymetallic property on the Philippine island of Luzon.To earn a 65% stake in the project, Spinifex must sp…
Meetings (December 22, 1997)
Dec. 22, ArkonaDec. 22, AuroginDec. 22, Caesars GoldDec. 22, Canadian SpoonerDec. 22, ClayoquotDec. 22, Goldrush Casino & MiningDec. 22, MarksmenDec. 22, NanecoDec. 22, RewardDec. 22, Royal BayDec. 23…
Atna sets sites on Temagami
Atna Resources (ATN-T) has signed a joint-venture agreement with Falconbridge (FL-T) to explore claims in the Temagami region of northern Ontario.Atna can earn a 60% interest in Falco’s Temagami prope…