EXPLORATION 1999 – Lac Nadeau drilling to start
Canspar Resources (CSZ-M) has identified drill targets at the Lac Nadeau property in northern Quebec.The Laval-based junior is testing a magnetic anomaly coincident with surface samples that carry hig…
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EXPLORATION 1999 – Stratabound nabs ground
Stratabound Minerals (SB-A) has dramatically increased its land position in Mexico’s Coahuila state by acquiring the Monarca polymetallic property.Monarca covers 35,000 ha of ground between the compan…
DIAMOND PAGE — De Beers strikes deal to buy Canadian diamonds
De Beers Consolidated Mines (DBRS-Q), through Swiss-based De Beers Centenary, has reached an agreement-in-principle with BHP Diamonds to buy 35% of run-of-mine production from the Ekati diamond mine i…
Moss to drill Quebec prospect
Drilling by Moss Resources (MRS-T) will test a newly outlined polymetallic showing at the Duval-Boudreault property near Val d’Or, Que. The program, scheduled to begin in late March, will also test ne…
EXPLORATION 1999 — Diamonds evaluated at Harry Oppenheimer House
Having reached a watershed diamond-marketing agreement, SouthernEra Resources (SUF-T) and De Beers Consolidated Mines (DBRS-Q) are putting aside their past differences in the name of pragmatism.Under …
Sutton, Barrick review mine plans at Bulyanhulu
Barrick Gold’s (ABX-T) proposed takeover of Sutton Resources (STT-T) has forced a change in management at the latter’s Bulyanhulu gold project in Tanzania.The current project manager, Placer Dome Tech…
EXPLORATION 1999 – Virginia confirms potential at La Grande prospects — Junior pioneers exploration in remote regions of Quebec
Drilling by Virginia Gold Mines (VIA-M) at projects in far northern Quebec has confirmed mineralization at depth below several mineralized showings.At Virginia’s La Grande Sud project, between the LG2…
EXPLORATION 1999 — Ecuadorian targets high-grade properties
Ecuadorian Minerals (EMC-T) intends to raise US$2.5 million to explore three gold properties: Vetaspata in Peru; Beroen in central Ecuador; and Paccha in southern Ecuador.At Vetaspata, north of Lake T…
Newmont teams up with Tan Range in Tanzania
Returning to Africa after an absence of several years, Newmont Gold (NM-N) has signed a preliminary option agreement with Tan Range Exploration (TNX-A) concerning four of the junior’s gold prospects i…
EXPLORATION 1999 – Monopros tests Saskatchewan kimberlites
Having completed a bulk-sampling program at the Fort la Corne diamond project in Saskatchewan, Monopros is preparing to treat the samples at its Canadian plant before shipping them to the South Afri…
EXPLORATION 1999 — Scorpion, Aurora partners in Kalimantan
With mineral properties once worth millions now going for a song, Australian companies have been making deals with the few Canadian juniors still holding prospective ground in Indonesia.The latest all…
Juniors drill Rolling Pond
Partners Altius Minerals (ALS-A) and Sulliden Exploration (SUE-N) have completed preliminary drilling at their Rolling Pond gold property in central Newfoundland.Five holes totalling 984 metres tested…