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NEWS IN BRIEF (September 26, 1994)

New Aegis Resources (NAS:VSE) and Nucore Resources (NCR:VSE) have amalgamated to form Norcan Resources (NRE:VSE). New Aegis shareholders will receive one new share for 1.3 old shares; Nucore sharehold…







Legislative changes entice foreign investment

Venezuela became one of the world’s major gold producers when stamp milling was introduced late in the last century in the El Callao area, a small portion of an extensive greenstone belt located in Ve…


Geochemical prospecting in lateritic terrain

Interest in tropically weathered terrains has grown considerably in the past few years, especially on the part of North American mineral exploration companies. This increasing interest has come about …



venezuelan nickel deposit at the feasibility stage

A feasibility study is nearing completion for the Loma de Hierro nickel laterite deposit, 50 km southwest of Caracas, Venezuela. About a year ago, Jordex Resources (TSE) signed an agreement allowing A…


EDITORIAL PAGE — Minesite exploration pays off

Grassroots exploration is on the decline in most parts of Canada, and one of the main reasons for this disturbing trend is that companies are not certain they will be able to mine what they find. We a…


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