The Kelsey Lake diamond mine in Colorado is poised to become North America’s first commercial diamond producer, having recently entered production.Mine owner Redaurum (TSE) expects Kelsey Lake to yiel…
The latest drill results from the LaRonde gold-silver-copper mine of Agnico-Eagle Mines (TSE) should soon enable the company to boost its resource estimate, says President Paul Penna.Drilling at the m…
Six more drill holes at the Thorne property of Band-Ore Resources (CDN) in Thornloe Twp., west of Timmins, Ont., have intersected gold on extensions of the mineralized structure.Most of the follow-up …
Two exploration plays in the Dryden area of northwestern Ontario have brought Champion Bear Resources (ASE) and Continental Caretech (CDN) into the market spotlight over the past two months.Champion B…
Gold Funds as of May 2, 1996BGRCentralNet Value$25.39$6.70Price$19.65$6.700Discount22.60%0.0%Value$198,484,000$121,265,310…
I am an exploration geologist who has lived and worked in Quebec for the past eight years.For the past several months, I have noticed that The Northern Miner’s emphasis is overwhelmingly directed towa…
Greater Lenora Resources (TSE) has downgraded the reserve figures for its Goldfields project on the northern shore of Lake Athabaska in Saskatchewan.Published minable reserves for the project, which i…
Exploration near the Hueso gold mine in northern Chile has become Homestake Mining’s (NYSE) “top international priority” following the discovery of a new gold zone in the area.Homestake discovered the…
As part of a $5.6-million exploration program in southeastern Yukon, partners Westmin Resources (TSE) and Atna Resources (TSE) have started a drill program aimed at expanding the Wolverine deposit.Two…
South American explorer Rio Amarillo Mining (VSE) is targeting the Bellota tourmaline breccia zone during a preliminary phase of drilling at its Aija property in north-central Peru.A 61.5-metre inters…
Exploration spending in Canada is expected to total $945 million in 1996, an increase of 24% over last year, according to a federal survey.The Survey of Canadian Mineral Exploration Expenditures estim…
Another area play is under way, this time in the Mazenod Lake area, about 170 km northwest of Yellowknife, N.W.T.Fortune Minerals (CDN) is the centre of attention as it completes its drill program at …
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