Soquem, Eastmain drill deep at Clearwater
Exploration drilling by Quebec-government-owned Soquem at Eastmain Resources’ (ER-T) Clearwater (or Eau Claire) property in Quebec’s James Bay region has extended several known gold veins at depth.The…
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Majescor plans program for Wemindji
Field programs budgeted at $500,000 will explore promising kimberlite targets on the land holdings of Majescor Resources (MAJ-M). The properties are east of James Bay in northern Quebec.The Quebec Cit…
Shear cuts narrow dyke
Drilling by Shear Minerals (SRM-V) on the Aylmer Lake West property in the Northwest Territories has culminated in the intersection of a narrow kimberlite dyke.Three lake-based targets identified from…
Black Hawk retires debt
A 15% increase in gold production, coupled with a 24% reduction in cash operating costs, helped Black Hawk Mining (BHK-T) stay in the black during the first quarter of 2001.The company’s El Limon mine…
Rockwell unravels Pedra Branca puzzle
Fortaleza, Brazil — Some 250 km southwest of this busy port city, structural deformation has transformed one of the world’s largest layered mafic intrusive complexes into a geological puzzle, which, …
Low-cost gold mines: the new survivors
As the gold price rallies, only to sink again, the measure of a good gold project is less and less its production and more and more its operating margin. The need to make money in a small way is winni…
Southwestern Gold active in Argentina, Peru
Denver — Faced with the impending South American winter, partners Southwestern Gold (SWG-T) and Consolidated Jaba (JBA-V) are hurrying to complete soil sampling on the Tecka layered mafic intrusion i…
Copper Ridge gains prospect
Copper Ridge Explorations (KRX-V) has struck a deal with Big Blackfoot Resources (BLF-V) to earn up to a 70% interest in a zinc-lead massive sulphide prospect in the Yukon Territory.Copper Ridge can e…
Trillion options Karasberg
Vancouver-based Consolidated Trillion Resources (TLQ-T) has secured rights to earn up to a 100% interest in the Karasberg project from a unit of BHP (BHP-N).Karasberg consists of five exclusive prospe…
The Northern Miner — Small Producers Index (May 28, 2001)
57.34 (+4.63)(Sept. 30/98 = 100)…
Boyongan copper-gold discovery attracts market attention
A year or so ago, Philex Gold (PGI-V) was just another struggling producer barely noticed by investors. Although the company’s sole operation in the Philippines still isn’t turning a profit at current…
Gold Fields, Outokumpu seek PGMs in Finland
World-wide interest in exploration for platinum and palladium continues to be stimulated by the dramatic rise in prices for these commodities. Since 1996, the price of palladium has steadily increased…