News

Agnico-Eagle, Mentor merge

Agnico-Eagle Mines (AGE-T) has combined with Toronto-based Mentor Exploration & Development (MV-V) and will retain its original name.Agnico-Eagle acquired the remaining 50.5% of Mentor it did not alre…


Cameco, Pioneer beget uranium explorer

Cameco (CCO-T) and Pioneer Metals (PSM-T) plan to create a public company named UEX, which will explore for uranium in the Athabasca Basin of Saskatchewan.The proposed deal calls for Pioneer sharehold…


IMA rewarded in Peru

IMA Exploration (IMR-V) is encouraged by early drill results from a gold-enriched massive sulphide showing on the Rio Tabaconas property in northwestern Peru.The junior recently completed a 30-hole, 1…


Forum targets diesel reductions

An international forum for the exchange of information on the reduction of diesel emissions in mines will take place Nov. 6-8 at the Embassy Suites Hotel in Markham, Ont.The conference is expected to …


Tiberon sizes up resource in Vietnam

Vancouver — With five rigs turning on the Nui Phao tungsten-bismuth-copper-gold property in northern Vietnam, Tiberon Minerals (TBR-V) is preparing to calculate a preliminary resource.So far, the Cal…


Northern Abitibi adds ground (October 29, 2001)

Calgary-based Northern Abitibi Mining (NAI-V) is exploring 13 diamond targets in the Chibougamau area of northern Quebec. The program entails prospecting, surface mapping and till sampling.The prospec…



Crown gets breathing room (October 29, 2001)

Vancouver — Solitario Resources (SLT-T) is providing a $1-million secured-note financing to its major shareholder, financially beleaguered Crown Resources (CRRS-O).The funds are part of a proposed $3…


Geomaque ups Marathon

Drilling and core sampling by Geomaque Explorations (GEO-T) has upped the resource estimate at the Marathon palladium project in Ontario’s Hemlo camp.The total measured and indicated resource now stan…



Inmet drills Lemoine

Four drill holes at the Lemoine property, 25 km southeast of Chibougamau, Que., have returned low-grade intersections for operator Inmet (IMN-T) and partner Loubel Exploration (LBX-V).Inmet, which is …


Ashton reports new find at Otish

Vancouver-based Ashton Mining of Canada (ACA-T) has discovered a second kimberlitic-type body in the Otish Mountains region of north-central Quebec.A hole drilled vertically into a geophysical anomaly…


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