NEWS IN BRIEF (June 13, 1994)
Goldpac Investments (GPK:VSE) has changed its name to Brimstone Gold (BSC:VSE) on a 1-new-for-5-old-share basis.
Articles by Northern Miner Staff
STOCK MARKETS — Markets stay the course despite drop in gold
Although the stock markets have been on a slide for the past month or so, trading on the Toronto Stock Exchange is still well ahead of last year. For example, the TSE’s average daily value of $808.1 m…
B.C. celebrates Mining Week
The highlight of British Columbia’s Mining Week (May 23-27) was the opening of Mining House, which combines three associations under one roof to increase public service. The ribbon-cutting ceremony on…
Tacaza drilling gets under way
A 175-hole reverse-circulation program is under way on the Tacaza oxide copper project in southeastern Peru. Owner Kookaburra Resources (VSE) has completed two column tests, both of which returned rec…
Aber discovers diamonds
The recent discovery by Aber Resources (TSE) of several diamondiferous kimberlites further attests to the exploration potential of the Lac de Gras region in the Northwest Territories. The discovery ho…
Chilean convention draws international attention
For exhibitors at any trade show, the true measure of success is the number of contacts and sales leads generated. Judged by that criterion alone, the recent Expomin Mining Convention in Chile’s capit…
Golden Knight reports earnings
A 40% interest in the Casa Berardi mine helped Golden Knight Resources (TSE) generate net earnings of $811,000 for the first quarter, compared with $1.1 million in the same period last year. Gold prod…
Arlo lands cash, properties and new management
An agreement with MK Gold (NASDAQ) and Min America gives Arlo Resources (VSE) a host of new properties, a large cash infusion and a change in control. Arlo plans to issue 8 million units at 80 cents e…
Greenstone gets San Andres results
Toronto-listed Greenstone Resources (TSE) is encouraged by a 2,500-metre program on its San Andres gold project in Honduras. The drilling was carried out to prove up the known resource, which stands a…
NEWS ROUNDUP — Big Valley drilling cuts copper values
Copper-gold mineralization has been intersected on Big Valley Resources’ (ASE) Lloyd-Nordik property near Likely, B.C. Hole 94-04 contained a 186.3-metre interval grading 0.31% copper and 0.005 oz. go…
LAST BUT NOT LEAST — Hol-Lac inks Ukrainian deal
Under an agreement with a Ukrainian state mining company, CDN-listed Hol-Lac Gold Mines can explore and develop several gold properties in northern Ukraine. Hol-Lac plans to review geological and assa…
LAST BUT NOT LEAST — Metall to drill Seneca
The 1994 field program at the Seneca massive sulphide project, 65 miles east of Vancouver, B.C., is under way. Metall Mining, the operator, is earning up to a 60% interest in the project from Internat…