Positive study for Beta Vargas
Encouraged by a pre-feasibility study, Lyon Lake Mines (ME) is hoping to have its Beta Vargas heap-leach gold project in Costa Rica in operation by the first quarter of 1995. President Guy Hebert said…
News
Santa Fe resumes work on Pandora property
Drilling has resumed on Queenston Resources’ (TSE) Pandora gold property near Malarctic, Que. Operator Santa Fe Pacific Gold, a unit of Santa Fe Pacific (NYSE), says the 10,000-ft. program will test t…
OBITUARY — V.N. Harbinson
Canadian mining has lost one of its best-known and most respected promoters from the heyday years of junior mining with the passing of V. Noble Harbinson, who contributed in no small way to raising th…
Minorca, William option Guyana ground
Rouyn-Noranda, Que.-based Minorca Resources (VSE) can acquire the Whanna River gold property in northwest Guyana from Gribaker Mining. The junior is carrying out a 90-day due diligence program of pros…
Copperstone options Baja copper project
Under an agreement with Island-Arc Resources (VSE), Copperstone Resources (VSE) can acquire an 80% interest in six copper-cobalt concessions in Baja California, Mexico. Four properties are beside or i…
Kinross augments reserves in Nevada and Timmins
Having been in operation just under a year, Kinross Gold (TSE) is well on the way to becoming one of the fastest-growing gold and silver producers in North America. Spearheading the company’s efforts …
6.6-m Breakwater shares to be sold
Dundee Bancorp. (TSE) has notified the Ontario Securities Commission and the Toronto Stock Exchange of its intention to sell more than 6.6 million common shares of Breakwater Resources (TSE). The shar…
Oasis, Soquem drill gold property at Chibougamau
Both Consolidated Oasis Resources (ME) and Quebec Crown-owned Soquem are encouraged by results of a $200,000 exploration program on the Pontiac gold property near Chibougamau, Que. An induced polariza…
Cons. Pope raising exploration funds
Junior Consolidated Pope Valley Holdings (VSE) expects to raise $10.5 million through a special warrant financing. Goepel Shields, Yorkton Securities and First Marathon have agreed to an agency offeri…
Software designed to aid pit design (May 02, 1994)
Australia-based Whittle Programming has developed two software packages to determine the most economical shape for an open pit. The two packages. Three-D and Four-D, are also designed to help indicate…
COMMENTARY — Lake Superior iron ore marks 150th
A year-long celebration has begun, marking the 150th anniversary of the discovery of iron ore in the Lake Superior region. Transportation, construction, industry, communications, national defence and …
World Wide drilling Nevada gold property
A 15,000-ft. rotary drill program has begun on World Wide Minerals’ (TSE) Easter gold project, 110 miles northeast of Las Vegas, Nevada. The property, which adjoins a major past producer, contains a p…