News

More than a dozen companies have acquired prospecting licences in northern Ghana, testifying to the region’s mineral potential.Activity in the country’s northern, upper western and upper eastern regio…

London-based Reunion Mining is awaiting the results of a prefeasibility study for the Skorpion zinc deposit in Namibia.The company, which is listed on the London Exchange, has the right to earn up to …

Drilling by Franc-Or Resources (FOR-T) at its Haute-Mana project in central French Guiana is confirming the presence of gold mineralization at depth.Results have been received from six holes drilled o…

Partners Robex Ressources (RBX-M) and Alpine Exploration (AXC-V) have begun exploring the Baroya gold property in Mali.The government of Mali recently granted the joint venture an exploration permit f…

Noranda (NOR-T) is optioning the Canagau gold property of Mountain Lake Resources (MOA-V).Situated in Ben Nevis Twp. in northwestern Ontario, the property comprises 143 mining and 13 patented claims t…

The historic silver camp at Cobalt, Ont., is seeing renewed exploration activity, with Falconbridge (FL-T) optioning property held by Agnico-Eagle Mines (AGE-T).Falconbridge is exploring copper-zinc s…

Calgary-based Canadian Mountain Minerals (CYM-A) and Kelowna-based Goldtex Resources (GXR) are encouraged by initial results from their gold-prospecting efforts in northwestern Yemen.The juniors are p…

Dong Bi appointed director.

Robert Cogliandro appointed president.

Gold Funds as of January 23, 1997BGRCentralNet Value$21.39$5.78Price$16.75…

Diamond drilling by St Andrew Goldfields (SAS-T) may add new life to its past-producing Stock and Taylor gold properties in the Matheson area of northeastern Ontario.At the Stock property, deep drilli…

A private placement has enabled Greenhope Resources (GRH-M) to raise just over $500,000 to fund exploration work in Mozambique.The major participant in the financing was Trillion Resources (TLQ-T), Gr…