Near-surface gold values were intersected by Gregor Goldfields (CDN) from two holes drilled on its property in Ontario’s Hemlo camp. The two holes were drilled to test a new mineralized structure asso…
Junior Icon Resources (ASE) has agreed to acquire a 51% interest in the Hemmingford zinc property. The property, 35 miles south of Montreal, contains several geochemical zinc anomalies and has good po…
Having completed a crosscut to reach the 6723 stope at the Macassa gold mine of Lac Minerals (TSE) west of Kirkland Lake, Ont., recovery workers are clearing the loose material that resulted from rock…
Project partners Winslow Gold (VSE) and Northwind Ventures (VSE) have intersected an auriferous skarn zone at the Rock Creek-Dayton Camp property in southeastern British Columbia. Hole 93-DC2-8 inters…
One of many highlights of The Northern Miner’s recent tour of Lac de Gras, N.W.T., was a videotaped commentary by John Gurney. The diamond expert was discussing the quality of diamonds being recovered…
Thirty trenches have been completed across the Hicks shear zone on the Kaburi-Eldorado property in Guyana. Cathedral Gold (TSE) is earning up to a 90% interest and reports that, on average, the trench…
FMC Gold (NYSE) has written down the book value of the Beartrack gold project in Idaho. The gold producer recorded a 1993 fourth-quarter charge of about US$60 million, which includes an asset writedow…
Lee Tiong-Hock appointed director.
Exploration and sampling are under way on Caribgold Resources’ (CDN) Santa Clara and Sierra Maestra properties in Cuba. Numerous samples from various showings are being processed and a drill program t…
By May, Coeur d’Alene Mines (NYSE) expects to have a final feasibility study in hand for its Fachinal gold-silver project in southern Chile. The company bought Fachinal and six other Chilean precious …
Minera Valdez Gold S.A. de C.V., a wholly owned subsidiary of Valdez Gold (ASE), has staked additional ground in Sonora state, Mexico. The 177-sq.-mile property, known as Marisa, adjoins the company’s…
Sudbury Contact Mines (TSE) and Agnico-Eagle Mines (TSE) have reached a flow-through private placement agreement. By issuing 533,333 shares, Sudbury Contact will receive aggregate proceeds of $2 milli…
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