Barytex’s Mel returns zinc-lead values
All six holes of a deep drilling program on the Mel zinc-lead-barite deposit in southeastern Yukon have intersected mineralization. International Barytex (VSE) is working to expand the Main zone resou…
News
Deak expands property assets near Kerr mine
Three Alberta-listed juniors have agreed to sell Deak Resources (TSE) a 49% interest in all their mineral assets within a 100-mile radius of Deak’s Kerr mine site in Virginiatown, Ont. The value of th…
NovaGold reworks subsidiary loan
An agreement-in-principle has been reached by NovaGold Resources (TSE) and the National Bank of Canada concerning the restructuring of a $4-million loan, owed by a wholly owned NovaGold subsidiary, Mu…
Agreement ties Carib nations
Representatives of 25 Caribbean basin countries recently signed an agreement in Cartagena, Colombia, creating a new association that brings together Cuba and the U.S., at least indirectly. The Associa…
Falconbridge, Trillion find more nickel in Ivory Coast
Toronto-listed partners Falconbridge and Trillion Resources have completed a program of 79 drill holes, totaling 2,800 metres, on their Biankouma-Sipilou nickel project in Ivory Coast, West Africa. Us…
AGC Americas expands drilling on JD property
Initial results have prompted AGC Americas Gold (VSE) to expand drilling on its JD property in the Toodoggone region of northern British Columbia. Originally intending to drill 5,000 ft., the junior i…
GeoNova explores Quebec plays
Montreal-listed junior GeoNova Explorations is exploring properties in the Lebel-sur-Quevillon and Eastmain areas of Quebec. In the Quevillon area, three properties, known as the Gander, Baptiste Rive…
Hol-Lac drills Carissa gold mine in Wyoming
Results are in hand for three holes drilled by Hol-Lac Gold Mines (CDN) on its Carissa gold mine property in South Pass City, Wyo. Hole 94-1, drilled below the fifth level at the mine to a depth of 66…
Haddington exploring near Timmins
Vancouver-listed Haddington Resources (VSE) intends to carry out a private placement of 500,000 units with Prime Equities International (VSE). Each unit, priced at 60 cents, will consist of one Haddin…
Petroleum the mainstay of Venezuelan economy
The gold industry may be the next mineral sector to give Venezuela a boost, the South American country’s economy having been driven for many years by petroleum exports. Mainly because of its oil and g…
MSV again boosts reserves
As a result of a $5.2-million exploration program, MSV Resources (TSE) has once again increased reserves at its Chibougamau operations in northern Quebec. The Portage and Copper Rand mines have a comb…
NO HEADLINE (September 26, 1994)
enver-based USMX (NASDAQ) says its reserve and resource inventory now exceeds 1.1 million oz. gold and 238,000 tons copper. The new estimates, which are based on a US$375-400 per oz. gold and US$1 per…