More discoveries at Rankin Inlet
The Meliadine project near Rankin Inlet, N.W.T., may have the makings of a new Canadian gold district, according to partners Comaplex Minerals (CMF-T) and Cumberland Resources (CBD-T).”Let’s face it. …
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MEXICO AND CENTRAL AMERICA — Triton to expand at Limon gold project
With a goal of 83,000 oz. per year for 1997, Triton Mining (TTM-T) has announced it will expand operations at its Limon gold project in western Nicaragua.Triton expects to step up the development of i…
MEXICO AND CENTRAL AMERICA — Dakota gains property in Mexico
Junior Dakota Resources (DAK-A) has acquired a past-producing gold property in Mexico’s Chihuahua state.The 300-ha Porvenir property is reported to contain commercial quantities of gold and silver, th…
MEXICO AND CENTRAL AMERICA — Tombstone acquires Agalteca deposit
A program of linecutting, trenching and soil and rock sampling is under way at the Agalteca deposit in Honduras.Tombstone Explorations (TSO-V) is also resampling existing core from its recently acquir…
Westmin expands Wolverine and Lynx
In southeastern Yukon, drilling has extended the Wolverine and the newly discovered Lynx deposits over an area measuring 700 metres long.The joint-venture project is split 60-40 by Westmin Resources (…
MEXICO AND CENTRAL AMERICA — All systems go at Laminco’s San Antonio project in Sonora
Heartened by the positive results of a prefeasibility study, Laminco Resources (LMR-T) is gearing up for underground exploration at its San Antonio gold property in Mexico’s Sonora state.The Vancouver…
MEXICO AND CENTRAL AMERICA — NEWS ROUNDUP — Forefront stakes Mexican ground
Vancouver-based junior Forefront Ventures (FFV-V) has staked five blocks of claims covering 8,000 ha in the Batopilas, Morelos and Petrero de Bojorquez districts of Chihuahua state, Mexico.The distric…
MEXICO AND CENTRAL AMERICA — Trio drills gold prospect in Costa Rica
Trio Gold (TGK-A) has finished the first round of drilling at the Pigenkid gold property in Costa Rica.Comprising 9 sq. km, the concession lies in the Aquacate mining district, 45 km west of San Jose,…
MEXICO AND CENTRAL AMERICA — NEWS ROUNDUP — Hecla firms up Pinos project
A 20-to-25-hole drill program is being carried out this fall by Hecla Mining (HL-N) at the Pinos gold project in Zacatecas state, Mexico.The company can earn a 100% interest in the project by spending…
MEXICO AND CENTRAL AMERICA — Santa Catalina explores Pilar project
A second-phase drill program is planned by Santa Catalina Mining ((SLM-V) for its Pilar gold project, 145 km southeast of Hermosillo in Mexico’s Sonora state.Through a 3-year purchase option, the juni…
MEXICO AND CENTRAL AMERICA — Mexico’s Trinidad mine poised for production
With the first gold pour imminent, the newly constructed Trinidad gold mine in Mexico’s Sinaloa state is expected to reach commercial levels of production in the next few months.The open-pit, heap-lea…
Cominco earnings hit by dip in metal prices
For the third quarter, Cominco (CLT-T) reports earnings of $5.2 million (or 6 cents per share) on sales of $448 million, compared with $22 million (25 cents per share) on sales of $417 million in the …