News

CDN-listed Eastmain Resources has acquired two 160-acre properties near the Kidd Creek copper-zinc-silver mine in Timmins, Ont. To acquire the South property, the junior must pay $330,000 over five ye…

A Mongolian state-controlled corporation is joining forces with Mongolian Gold Resources (VSE) to form the Bumbat joint venture. Its objective will be to explore for and develop gold projects. Mongoli…

Underground development is proceeding at the Brett gold property near Vernon, B.C. Liquid Gold Resources (VSE) is driving an adit 800 ft. into the side of a mountain in order to intersect the high-gra…

Week’s Price (US) Change Gold* $375.00 – $3.25 Silver* $4.68 – $0.04 Platinum* $409.50 – $1.00 Nickel** $4.27 + $0.28 Lead** $0.30 + $0.01 Copper $1.37 + $0.04 Zinc $0.52 + $0.01 Courtesy of Scotiaban…

Partners Cameco (TSE) and Uranerz Exploration & Mining have released results from the 1994 exploration program on their Fort a la Corne diamond exploration program in Saskatchewan. During 1994, 13 hol…

Bulk sampling under way at Armistice Resources’ (ME) gold property in Virginiatown, Ont., could lead to a small-scale mine. The junior, which remains committed to the idea of proving up reserves below…

Assay results from the Damoti Lake property north of Yellowknife, N.W.T., continue to show high-grade gold values. Operator Consolidated Ramrod Gold (TSE) has released results from 11 holes of a recen…

Allan Williams appointed director.

Colin Benner appointed executive vice-president and chief operating officer.

Rhonda Smerchanski and D. Briggs appointed directors.

Andrew Kaczmarek appointed vice-president and general manager.

Gordon Keevil appointed president and director; Anton Foust appointed director.