Vancouver-based Viking Gold (VGCN-C) has started drilling its Svartliden gold project in northern Sweden.The company can earn a 60% interest in the project by spending US$600,000 on exploration, and a…
Now that it fully owns the Soukoura polymetallic property in Burkina Faso, Kinbauri Gold (KNBR-C) is planning an aggressive program of exploration.The company recently acquired a 50% back-in interest …
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Having paid registration fees and deposits totalling US$1.6 million to the Indonesian government, First Dynasty Mines (FDM-T) is now awaiting exploration rights to about 208,000 ha on the islands of K…
An option agreement will add 2,000 acres of mineral claims to a land package held by Major General Resources (MGJ-V) in the Green Bay area of northwestern Newfoundland.The company says the newly acqui…
Government officials estimate that $100 million was spent on mineral exploration in British Columbia last year, a 20% increase from 1995.The largest exploration program in 1996 was carried out by Roya…
Statistics compiled by Natural Resources Canada show that mineral exploration spending is on the rise in Canada.During 1996, exploration spending increased to $945 million from a 26-year low of $383 m…
Rouyn-Noranda, Que.-based Coleraine Mining Resources (CRI-M) has found three gold-bearing zones at the Perron property, 12 km west of Normetal in northwestern Quebec.The first zone is associated with …
With one season of drilling complete, Fortune Minerals (FORM-C) has calculated a preliminary resource figure for the Bowl zone at its Nico property near Mazenod Lake in the Northwest Territories.The p…
A work program, including 10,000 metres of exploration and development drilling, is under way at the Cerro Colorado gold project in Sonora state, Mexico.Operator Laramide Resources (LAM-T) hopes to co…
A 17-hole drill program by Minera Andes (MAI-A) has identified a copper porphyry prospect in the southern portion of La Horqueta, an exploration project in Argentina’s Mendoza province.The drilling in…
The Vancouver Stock Exchange resource came to life over the report period ended March 4, rising 132.68 points, or 5.57%, to close at 2,513.88. The composite index closed up 68.36 points, or 5.41%, at …
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