Waseco, Blue Emerald find gold
In a grassroots program, Waseco Resources (WSCO-C) and Blue Emerald Resources (BER-V) have identified several gold prospects at the Walang project in Indonesia.The project comprises 7,625 ha on the no…
News
EXPLORATION 1997 — NFX to explore northern Ontario
A recent $1.6-million financing will provide funds for NFX Gold (NFXG-C) to explore various properties in northern Ontario.The junior company’s primary focus will be the Cheminis mine and Raven River …
EXPLORATION 1997 — Tri-syndicate stakes more claims in Quebec
The syndicate formed by Quebec city-based juniors Virginia Gold Mines (VIA-M), Vior Mining Exploration (Vio-M) and Azimut Exploration (AZM-M) has staked an additional 179 claims south of the Lac Volan…
EXPLORATION 1997 — A few juniors keep hopes high for a second Eastern Deeps
Although the crowd of juniors searching for nickel near the Voisey’s Bay deposit in Labrador is thinning, a few hangers-on are still searching for an extension of the Eastern Deeps zone.That zone, a p…
EXPLORATION 1997 — PNG promotes the development of small mines
The mining industry in Papua New Guinea (PNG) is dominated by world-class deposits, mainly because the significant political risk and lack of infrastructure there have shaped the industry so that only…
Wheaton River plans summer start for Golden Bear
Toronto-based Wheaton River Minerals (WRM-T) will commence mining this summer at the Golden Bear heap-leach project in northwestern British Columbia.The junior, which holds an 82% interest in mine-own…
Partners boost resource at Antamina
Toronto-based Rio Algom (ROM-T) and Inmet Mining (IMN-T) have upped the resource estimate for their jointly held Antamina copper-zinc project, 480 km north of Lima, Peru.Results from the first 61 hole…
NEW HORIZONS — Radars a lofty tool
Radar imaging is a powerful tool for mineral exploration, though, like any tool, it has its limitations.The Landsat MSS satellite, for example, was originally promoted as a panacea for exploration com…
George Soros’s Marshall Plan
Capitalism has been good for George Soros, so it is not surprising that the wealthy American businessman raised eyebrows when he argued, in a recent essay in The Atlantic Monthly, that the main enemy …
Niocan exploring niobium prospect
In preparation for a bankable feasibility study, to be completed by May, Montreal-based Niocan (NIO-M) is drilling its namesake niobium property in Quebec.The 384-ha property is in the Oka intrusive c…
EXPLORATION 1997 — Lithos joins with Hebron Fjord Res. to test gold-copper project in Peru
Montreal-based Lithos (LTS-M) has acquired an option on a Peruvian gold-copper property held by Hebron Fjord Resources (HEF-M).The Salaverry-Copara deposit is known to contain a total resource of 1.5 …
EXPLORATION 1997 — Spectrum confirms nickel resource at Ban Phuc property in Vietnam
Drilling on the Ban Phuc nickel project in Vietnam has yielded encouraging results for New Zealand-listed Spectrum Resources.The 1,220-metre program was designed to establish the continuity of a massi…