A month ago, it was reputed to be sitting on the largest gold find of the century, but the ground is now shaking beneath Bre-X Minerals (BXM-T), operator of the Busang gold project in eastern Kalimant…
For most investors, the world of junior mining companies is akin to the Twilight Zone, where it becomes virtually impossible to differentiate between reality and fiction. In the past year alone, we’ve…
Diamond drilling on the Bahuerachi copper oxide property in Mexico has yielded favorable results for equal partners Golden Rule Resources (GNU-T) and Tyler Resources (TYS-T).Situated in southwestern C…
With a positive feasibility study in hand, Nelson Gold (NLG-T) is proceeding with another phase of its expansion program at the Jilau gold mine in Tajikistan.Nelson holds a 44% interest in Zeravshan G…
Canarc Resource (CCM-T) has started a 10-hole diamond drill program to test the depth potential of gold mineralization in laterite at its Sara Kreek property in Suriname.Trenching and auger drilling h…
Four mines recently acquired in Mexico by Consolidated Nevada Goldfields (KNVCF-Q) are yielding mixed results.The Denver-based company took on the mines following a merger, in October 1996, with Mexic…
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Widespread carnage among TSE golds; base metals also take a bashing The report period ended April 1 was no joke at the Toronto Stock Exchange, where the Bre-X Minerals bomb of the previous week turned…
Toronto-based Trans Hex International (THI-T) is nearing the advanced stage of exploration at its Acordo alluvial diamond project in central Brazil.THI is a 65%-owned subsidiary of Trans Hex Group, So…
Junior Messina Diamond (MSC.U-T) has received encouraging results from the first phase of exploration at its Liqhobong project in the south African country of Lesotho.The project consists of two kimbe…
Favorable results from exploration in 1996 have prompted partners Azco Mining (AZC-T) and Phelps Dodge (PD-N) to initiate a US$4.8-million program at the Piedras Verdes copper project in Sonora state,…
Operating a gold mine proved a profitable venture for Cusac Gold Mines (CQC-T) in 1996.Higher production at its Table Mountain mine in north-central British Columbia resulted in earnings of $1.8 milli…
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