With four drill rigs turning at the Cerro Casale gold-copper porphyry target in northern Chile, Arizona Star Resource (AZS.V) and partner Bema Gold (BSO-T) have released a resource estimate indicating…
Mid-tier gold producer Meridian Gold (MNG-T), which has two mines in the U.S., is looking to expand its operations into Chile.The Reno-based company underwent a restructuring program in August 1996, p…
Central Asia Goldfields (CGZ-M) has released encouraging drill results from winter drilling on the Ashiktas and Ortasay gold prospects in Kazakstan (T.N.M. March 24/97).At Ashiktas, the first hole rep…
Vancouver-based Francisco Gold (FGX-V) will use the proceeds from a $29.5-million “bought-deal” financing to accelerate exploration activities in northern Mexico.The company plans to start a third pha…
International CanAlaska Resources (ICA-V) has picked up new ground in the growing mineral play in southwestern Chihuahua state, Mexico.The Vancouver-based junior can acquire two property packages, the…
Partners Guyanor Ressources (GRL.B-T) and Asarco (AR-N) have begun core drilling at the Dieu-Merci property in northern Guyana.The companies, which have signed a 4-year option deal to earn a full inte…
Drilling at the Camsell Lake diamond project in the Northwest Territories is focusing on an 8-sq.-km target area where diamondiferous kimberlite boulders and anomalous concentrations of pyrope garnets…
Two holes drilled by El Misti Gold (EMG-V) at its Santa Rosa property in southern Peru have intersected a 50-metre-wide zone of high-grade gold mineralization.The zone is associated with epithermal qu…
As a result of a lunch meeting I had in 1951 with a man from New York, I was hired on as a mine foreman at an operation near Keno in the Yukon.Our crew consisted of a number of capable graduates from …
Shareholders of Aurex Resources (AXR-T) have approved a merger transaction with privately owned Cobre Mining of Hanover, N.M.The merged entity will retain the name Cobre Mining and be listed on the To…
With $15 million in its treasury, Essex Resource (ESX-V) is about to start a field program aimed at delineating near-surface oxide gold deposits at the Miquela and Porvenir concessions in eastern Boli…
The drill-indicated resource outlined by Ambrex Mining (AMBX-C) at the Aripuana property in the northwestern portion of Brazil’s Mato Grosso state now stands at 2 million tonnes grading 10.7% zinc, 2%…
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