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News May 10, 2004

The Northern Miner Indices (May 10, 2004)

North American Mining: 97.24 (-0.49)…

News May 10, 2004

Mind-blowing holes at Grasberg

By far the most impressive exploration drill results tabled during the report period ended May 4 came from Freeport-McMoRan Copper & Gold‘s “Deep MLZ” underground target, which represents the deepest extensions below the DOZ und…

An aerial view of Southwestern Gold's Boka gold project, situated in Yunnan province in southern China, about 110 km north of the capital, Kunming.

News May 10, 2004

Juniors blaze path to Middle Kingdom

Vancouver — Ten years ago, investing in China’s mineral industry was a risky, laborious and often frustrating proposition for foreign companies. That’s not the case today, thanks to an economic boom that has fueled price increases for most metals…

News May 10, 2004

UGL takes aim at Mongolian targets

Vancouver — Vancouver-based UGL Enterprises () is preparing to drill two of the six large properties in Mongolia that it acquired over the past year. The acquistions were made under an arrangement with Mine Info, a Mongolian ex…

A shaft sunk by the Qinghai Geological Survey Institute at the Dachang gold property in Qinghai province.

News May 10, 2004

Inter-Citic finds a little Nevada in China’s Qinghai province

Eight years of patience and perseverance in China are finally starting to pay off for Inter-Citic Minerals (), which is gearing up to explore two substantial gold projects it acquired there last summer.

A view of ongoing work on the Central Valley zone, part of QGX's Golden Hills property in western Mongolia.

News May 10, 2004

QGX paves way for mineral exploration in Mongolia

Long before Robert Friedland’s Ivanhoe Mines (IVN-T) discovered the huge Oyu Tolgoi copper-gold porphyry in the South Gobi Desert, QGX () had recognized the untapped mineral potential of Mongolia, a country co…

News May 10, 2004