Having completed a crosscut to reach the 6723 stope at the Macassa gold mine of Lac Minerals (TSE) west of Kirkland Lake, Ont., recovery workers are clearing the loose material that resulted from rock…
Project partners Winslow Gold (VSE) and Northwind Ventures (VSE) have intersected an auriferous skarn zone at the Rock Creek-Dayton Camp property in southeastern British Columbia. Hole 93-DC2-8 inters…
One of many highlights of The Northern Miner’s recent tour of Lac de Gras, N.W.T., was a videotaped commentary by John Gurney. The diamond expert was discussing the quality of diamonds being recovered…
Thirty trenches have been completed across the Hicks shear zone on the Kaburi-Eldorado property in Guyana. Cathedral Gold (TSE) is earning up to a 90% interest and reports that, on average, the trench…
FMC Gold (NYSE) has written down the book value of the Beartrack gold project in Idaho. The gold producer recorded a 1993 fourth-quarter charge of about US$60 million, which includes an asset writedow…
Lee Tiong-Hock appointed director.
Exploration and sampling are under way on Caribgold Resources’ (CDN) Santa Clara and Sierra Maestra properties in Cuba. Numerous samples from various showings are being processed and a drill program t…
By May, Coeur d’Alene Mines (NYSE) expects to have a final feasibility study in hand for its Fachinal gold-silver project in southern Chile. The company bought Fachinal and six other Chilean precious …
Minera Valdez Gold S.A. de C.V., a wholly owned subsidiary of Valdez Gold (ASE), has staked additional ground in Sonora state, Mexico. The 177-sq.-mile property, known as Marisa, adjoins the company’s…
Sudbury Contact Mines (TSE) and Agnico-Eagle Mines (TSE) have reached a flow-through private placement agreement. By issuing 533,333 shares, Sudbury Contact will receive aggregate proceeds of $2 milli…
In return for cash, shares and reserve payments, Carson Gold (VSE) can acquire the Lote Delta and Nueva Alaska gold concessions in the Kilometre 88 region of Venezuela. The 5,000-acre Lote Delta groun…
In the coastal gold belt of Peru, Aquamin Resources (VSE) is set to increase its holdings to more than 25,000 hectares. The Peruvian government is expected to approve recent applications for 16 claims…
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