News



Financing (September 11, 1995)

Alpetro Res. — 3,000,000 shs @ 10 per sh.Houston Lake M’g — 2,500,000 shs @ 10 per sh.Madrona M’g — 2,000,000 shs @ 15 per sh.Mart Res. — 1,350,000 shs @ 15 per sh.Miner River Res. — 1,500,000 sh…


ODDS’N’SODS — Drifters

Last night, Dan Boyd, Dr. Howard Lahti and I were swapping exploration stories over quite a few beers. Since I was still chuckling over one of their stories this morning, I decided to write it down an…


Companies (September 11, 1995)

AberAbacusAgate BayAlta GoldAmax GoldAnvil RangAnvil ResArequipaArmada GAsarcoAshton MngAtlasAtlas ConsAtnaAudreyAvalon VenBarrick GldBismilahBlack HawkBolivar GdfBomaxBrimstoneCabo Ex…


Oman looks to privatize its mining industry

As a gesture towards generating more investment in the private sector, the country of Oman plans to privatize its state-run mining concern.Oman Mining began life in 1973 as a partnership between the i…


Feasibility gives Lisbon Valley the passing grade

A feasibility study on the Lisbon Valley property near Monticello, Utah, concludes that the oxide copper project is economic and projects a pre-tax payback of just over two years.Owner Summo Minerals …


William readies Velardena for spring production

Backed by a recent feasibility study and $8 million in its treasury, William Resources (TSE) has begun production development at its wholly owned Velardena silver-gold project in Mexico.The property, …


Arequipa firms up Peruvian portfolio

A drill program under way at the Ventana property in Peru is attempting to outline a copper porphyry deposit for Arequipa Resources (VSE).The work is being carried out under the direction of Southern …



Sulphide zone extended at Foot claims

Encouraged by drill results from the newly discovered Wolverine zone in south-central Yukon, Westmin Resources (TSE) has added a second rig to the Foot claims and will extend the program until late Oc…


Cusac Gold drilling returns gold values

Underground drilling on the Michelle Highgrade area at the Table Mountain mine in north-central British Columbia is confirming gold values for Cusac Gold Mines (TSE).The company has completed a declin…


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