Holmer hits more gold in Timmins
Toronto-based Holmer Gold Mines (HGM-A) has identified two new gold zones at its Main Zone deposit in the Timmins camp of Ontario.The holes tested mineralization in both the hangingwall and footwall o…
News
EXPLORATION ROUNDUP — Azco sets sights on gold prospects in Africa and S.E. Asia
With a strong cash position following the sale of its primary assets, Azco Mining (AZC-X) has changed its focus to become an international gold exploration company. To that end, the company has taken …
EXPLORATION ROUNDUP — Cristobal joins search for Peruvian deposits
Junior Ressources Cristobal (CTV-M) has acquired several properties in Peru.The company now has 350-sq.-km of land encompassing 35 mining properties, all of which are reported to contain potential to …
EXPLORATION ROUNDUP — Deep drill program planned for Sadiola Hill gold property
A US$3.3-million program of deep drilling will test the sulphide zone beneath the oxide pit at the Sadiola Hill gold mine in Mali.Iamgold (IMG-T), also known as International African Mining Gold, has …
EXPLORATION ROUNDUP — GeoNova discovers gold zone at Borduas-Martel
Two holes drilled recently by GeoNova Explorations (GNE-M) at the Borduas-Martel property, north of Lebel-sur-Quevillon in northwestern Quebec, have intersected a new gold zone.Hole 96-38 returned 14….
ODDS’N’SODS — The one that got away
Being in the exploration business, and oftentimes far from civilization, certainly gives one the chance to try out some excellent fishing spots.Big fish were a part of my upbringing, but they had been…
EXPLORATION ROUNDUP — Robex finances Malian programs
Two financings have provided Robex Resources (RBX-M) with a total of $2.7 million, which it will use to explore the Diangount gold property in Mali, West Africa.The junior has a 51% interest in the pr…
EDITORIAL PAGE — The discovery, then the lawsuit
You’re the head of a junior company with a major discovery, a world-class find that is making the front page of newspapers (including The Northern Miner). You’ve worked hard at putting together the pr…
EXPLORATION ROUNDUP — ITL drilling Red Lake project
Drills are turning at the Durham-McEwen property near Red Lake, Ont., immediately east of the area’s two producing mines.ITL Capital (ICL-V) is earning a half interest from Rupert Resources (RUP-V) on…
EXPLORATION ROUNDUP — TVI accelerates Panaon exploration program
Based on the results of a first-phase program, TVI Pacific (TVI-T) is picking up the pace at its fully owned property on Panaon Island in the Philippines.Two surface drill holes at the Anilao Hill pro…
EXPLORATION ROUNDUP — Dianor explores Ancash district
A sampling program at the Piedra Cincelada property in Peru’s Ancash district has returned encouraging results for Ressources Dianor (DOR-M).The Montreal-based junior carried out a preliminary surface…
Production levels rise for most base metals
Canadian production of all nonferrous metals except zinc rose in September 1996 above levels recorded in the same period last year.Production of salt was also higher than the level recorded one year a…