Antoro picks up property
A new option deal could see the reactivation of the Lingman Lake gold project, 320 km northeast of Red Lake in northwestern Ontario.Antoro Resources (ORE-M) has taken an option on the property and int…
1998
Falconbridge advances Maramba project — Geophysics indicates potential base metal bodies
An exploration program operated by the Zimbabwean subsidiary of Falconbridge (FL-T) and funded by junior NAR Resources (NRL-M) has uncovered several targets in the Zveya Creek area on the Maramba perm…
EXPLORATION — Queenstake pins discovery hopes on Peru
Vancouver-based Queenstake Resources (QTR-T) has survived the rough-and-tumble world of junior mining for more than a decade, having gradually shifted its focus from placer gold projects in the Yukon …
EXPLORATION — Juniors to drill Hyslop property
Partners BMA Mining (BMA-V) and Cypress Minerals (CYP-V) have launched a 5,000-ft. drill program at their Hyslop property near Timmins, Ont.The program is designed to test two induced-polarization tar…
EXPLORATION — General Minerals advances Escalones
Following delays caused by heavy snowfall in 1997, General Minerals (GNM-T) has begun drilling its Escalones copper-gold project, 97 km east of this capital city.The mountainous property (which means …
EXPLORATION — SouthernEra continues Klipspringer celebrations
Three years of exploration and underground development at the Leopard fissure are beginning to bear fruit for owner SouthernEra Resources,/C> (SUF-T).Leopard is one of three large fissures situated on…
EXPLORATION — Mexican potential lures Aurado Exploration, Cominco
Partners Aurado Exploration (AEO-T) and Cominco (CLT-V) have identified base metal anomalies on their 8-property, 21,542-ha project in Zacatecas and Potosi states, Mexico.The find was interpreted from…
EXPLORATION — Corner Bay launches drill program at Mexican prospect
Corner Bay Minerals (BAY-T) has launched a second drill program at the Alamo Dorado gold-silver property in Mexico’s Sonora state.A first round of 10 reverse-circulation holes revealed a showing of co…
EXPLORATION – GeoNova, Inmet revise Chevrier deal
GeoNova Explorations (GNE-M) and Inmet Mining (IMN-T) have reworked a 1995 agreement which provided the former with an option to acquire the latter’s Chevrier gold project near Chibougamau, Que.Under …
SPOT PRICES (November 30, 1998)
Wednesday November 25, 1998Price (US)Week’s ChangeGold*$296.20+$1.80Silver*$ 4.92…
Cameco cuts back production
In response to persistently low uranium prices, Cameco (CCO-T) plans to reduce uranium production from the Key Lake and Rabbit Lake operations in Saskatchewan.At the same time, uranium conversion serv…
EXPLORATION – Dianor picks up more ground
Dianor Resources (DOR-M) has acquired four mining properties and an exploration permit in the James Bay area of Quebec from privately held Ressources Aurter.The five areas, totalling 7,460 ha, were ac…