Meridian Gold increases resource at El Peon
Exploration by Meridian Gold (MNG-T) has doubled the gold resource at El Peon, a property in northern Chile.Last year, the company spent US$6 million exploring the property in a program that included …
1997
South Atlantic adds Swedish ground
By acquiring two Swedish mining companies, South Atlantic Resources (SCQ-V) has added 14 gold, silver and base metal properties to its portfolio of mineral assets.Svenska Milo-och Mineral and Vasterno…
Royal Oak hits high grade at Copperstone property
High-grade gold and Royal Oak Mines (RYO-T) don’t often appear in the same sentence. But that may change, if ongoing exploration continues to deliver results similar to those encountered at the compan…
EXPLORATION 1997 — Banro Resource on hold in eastern Zaire after purchase of Sominki
Following its acquisition of privately held Sominki, Toronto-based Banro Resource (BANR-C) is anxious to get on with the job of exploring its exclusively held gold belt in eastern Zaire.But first the …
EXPLORATION 1997 — South Atlantic teams with Boliden to explore gold prospects in Baltic Shield
Partners South Atlantic Resources (SCQ-V) and Swedish mining giant Boliden plan to list a joint-venture exploration company on the Stockholm Stock Exchange, in connection with a public offering this s…
EXPLORATION 1997 — Tandem drills hit kimberlite in Ontario
A section of kimberlite was intersected by Tandem Resources (TDM-M) while drilling a gold target at its Guibord Twp. property east of Matheson, Ont.The company says the kimberlite was obtained at 365….
EXPLORATION 1997 — Golden Regent explores in Slovakia
Exploration is being carried out on Slovakian properties held equally by Golden Regent Resources (GRR-A) and Profile Resources (PFI-A).An engineering firm has been evaluating the Dubrava and Jasenie g…
EXPLORATION 1997 — Minera Rayrock hits high grade at Catalina
Exploration aimed at testing areas between known deposits has paid off handsomely for Minera Rayrock (MRN.A-T), a Toronto-based junior which recently discovered a high-grade copper orebody at its prod…
EXPLORATION 1997 — Minco excited by China’s grassroots potential
Having raised $7.6 million through a public offering of special warrants, Minco Mining & Metals (MMM-V) is proceeding with exploration of its gold and copper projects in China.Under an arrangement rea…
Placer rejects Crystallex claim to Las Cristinas property
Gold giant Placer Dome (PDG-T) has flatly rejected Crystallex International’s (KRY-T) recent claim that it has rights to La Cristinas, a proposed open-pit gold mine in the Kilometre 88 region of Venez…
EXPLORATION 1997 — Softrock plans drilling in Greenland
As soon as spring weather allows, Softrock Petroleums (STZ-A) will resume its exploration of diamond and nickel-copper-cobalt targets in West Greenland.Early this year, the Calgary-based junior releas…
EXPLORATION 1997 — Redbird program tests King Bay
An exploration program is under way at the King Bay gold property on Sturgeon Lake in northwestern Ontario, reports Redbird Gold (RDB-A).The King Bay property was previously explored by a number of co…