News

INSIDER TRADING — Officers of Kinross sell shares

Four senior officers of Kinross Gold (TSE) reaped the rewards of successful management and sold shares in the open market during recent weeks.According to the Ontario Securities Commission’s OSC Bulle…


Feasibility study raises hopes for Greater Lenora

Interim results of the feasibility study under way at the Box and Athona gold deposits in northwestern Saskatchewan have confirmed a minimum minable reserve of 900,000 oz.Project operator Greater Leno…


Espalau hopes to revive Bachelor and Hebecourt

Drill results at Bachelor Lake and an agreement to acquire an interest in the Hebecourt property offer Espalau Mining (ME) a chance to put two former producers back to work.The company recently releas…



Antares to mill Lady Lina ore

With positive results in hand from an initial feasibility study on its Lady Lina gold property in Zimbabwe, Antares Mining and Exploration (TSE) intends to begin processing ore at the adjacent Vubachi…


Glimmer and Golden Dragon to join forces

A plan of arrangement has been drawn up that will see Canadian Golden Dragon Resources (VSE) absorb all the assets and liabilities of Glimmer Resources (VSE).Upon recieving shareholder, regulatory and…


Tri Origin completes Sault drilling

Drilling at the Sault property of Tri Origin Exploration (TSE) has intersected “low but anomalous” gold values, and suggests there may be good potential for gold deposits.Seven holes, with a total len…


Bioleaching shows promise at O’Brien property

Metallurgical tests on ore from the O’Brien gold mine, a former producer 45 km west of Val d’Or, Que., show that a combination of bioleaching and cyanidation can recover as much as 90% of the gold con…


Picture brightens at Keystone gold project

Record pit and mill production has secured an operating profit for the Keystone gold project, near Lynn Lake, Man., operated by Granduc Mining (TSE) and 50%-owned by Black Hawk Mining (TSE).A new ball…


EDITORIAL PAGE — Gold and the Big Four

The gold industry is undergoing some fundamental changes. For proof of this, one need look no farther than the latest industry review by Gold Fields Mineral Services, entitled Gold 1995.The review, wh…



Lithos sees more reserve potential at Wrightbar

New reserve figures are likely to come from planned exploration drilling at the Wrightbar mine near Val d’Or, Que. Owner Lithos (ME), which dewatered the workings at the former producing mine last win…


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