Industry moves to swat millennial bug
Many Canadians are looking forward with great anticipation to the millennium. It is seen as a symbol of hope and optimism, the beginning of a new chapter for our country and for humanity.Far removed f…
News
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 — Intrepid steps up Salvadoran work
With silver prices showing signs of gradual improvement, Toronto-based Intrepid Minerals (IAU-A) is intensifying its exploration efforts in Central America.* El Salvador — Drilling at the company’s S…
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 — Battle over a Barren — Regal Goldfields to take dispute over protected site to court
Arguing that the government of Nova Scotia did not have the authority to revoke its right to access and explore a tract of ground in western Cape Breton, Regal Goldfields (REGL-C) has applied to the p…
EXPLORATION 1998 — Rubicon seeks growth through exploration — Junior focuses mine-finding efforts on Canadian projects, including nickel prospect in High Arctic
Hoping to capitalize on its home-field advantage, newly listed Rubicon Minerals (RMX-V) is preparing to explore gold and base metal projects in some of Canada’s foremost mining camps.Launched late las…
EXPLORATION 1998 — Mindoro takes aim at gold-copper targets in Myanmar — Junior advances Kyaukkyi and Thida exploration properties
Historically, mineral production in Myanmar (formerly Burma) derived from small-scale gold and gemstone operations, both primary and alluvial. But several Canadian companies are now scanning the count…
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…
Mar-West to drill Cerro Blanco
Mar-West Resources (MSR-V) is drawing favorable comparisons between two of its Latin American gold properties: the San Martin deposit in central Honduras and the Cerro Blanco prospect in southeastern …
EXPLORATION 1998 — Drilling starts at Timmins West
A drill program by Prospectors Alliance (PALL-C) is testing several deep geophysical targets at the Timmins West gold property in northeastern Ontario.Most of these targets lie within a regional break…