Barramundi tests at Longline
Junior Barramundi Gold (BAM-A) has begun a shallow, 60-hole program of core drilling at its Longline gold project in the west-central Yukon.The work is part of an attempt to reassess the resource repr…
News
NEVADA & THE WESTERN STATES — Goldstrike keeps on trucking — Barrick focuses on ‘mile-long corridor of mineralization’
Few mineral properties are as aptly named as Barrick Gold’s (ABX-T) Goldstrike, in Nevada’s prolific Carlin trend.The property’s two operating mines, Betze-Post and Meikle, are expected to churn out m…
NEVADA & THE WESTERN STATES — Junior eyes PGMs in Nevada
In Nevada, Trend Mining (TRDM-O) has picked up 180 claims prospective for platinum group metals (PGMs).The Idaho-based junior staked the claims in Clark Cty., south of Las Vegas, along a projected ext…
DIAMOND PAGE — Jordan yields few stones
The newly discovered Jordan kimberlite on the Afridi Lake property, near Yellowknife, N.W.T., has yielded lacklustre microdiamond results.Kennecott Canada Exploration recovered only four stones (two m…
Nelson writes down Zeravshan investment
Low gold prices and a mine-plan review have prompted Nelson Gold (NLG-T) to write down its investment in Zeravshan Gold, operator of the Jilau gold mine in Tajikistan.Although 1998 production increase…
NEVADA & THE WESTERN STATES — Orvana contemplates next move at Butte Highlands
A deal struck last December is giving Vancouver-based Orvana Minerals (ORV-T) some breathing room as it explores the Butte Highlands gold property in Montana.In an agreement with the underlying proper…
PEOPLE — Latigo
Eric Wiltzen appointed chairman, CEO and director; Kenneth Embree appointed secretary; Matthew Waterer and Shawn Wiltzen appointed directors.
GOLD FUNDS (June 14, 1999)
Gold Funds as of June 4, 1999BGRCentralNet Value$13.175.42Price$9.00$5.40…
NEVADA & THE WESTERN STATES — Getchell, Placer complete merger — Full capacity projected at 800,000 oz. per year
In a deal valued at US$1.1 billion, shareholders of Getchell Gold (GGO-X) have agreed to merge with Placer Bullion Acquisition, a wholly owned subsidiary of Placer Dome (PDG-N).The merger is the resul…
Boliden charged, Placer fined following accidents
Boliden Westmin has been charged under British Columbia’s mines safety code following an accident at its Myra Falls underground operation in October 1998 in which a miner was killed.Richard Nadeau was…
Meetings (June 14, 1999)
June 14, Alhambra June 14, Allican June 14, Breakwater June 14, Donnybrook June 14, Int’l Freegold June 14, Int’l Dunlap June 14, Invader June 14, Liberty June 14, Lysander Gold June 14, Marengo June …
NEVADA & THE WESTERN STATES — Olinghouse weathers rough startup
Following a dismal fourth quarter in 1998, Alta Gold (ALTA-Q) returned to profitable form in the first three months of this year.Income for the period ended March 31 totalled US$30,000 (or nil per sha…