Correction (March 07, 1994)
The grade of the geologically inferred reserves (T.N.M., Feb. 14/94) at the Sawyer gold project in North Carolina of Minefinders (VSE) is 0.05 oz. gold per ton.
News
EXPLORATION ’94 — Saskatchewan focus of uranium activity
Six major projects — Midwest, McClean Lake, Cluff Lake (Dominique-Janine), McArthur River, Cigar Lake and Eagle Point — are at various stages of development in Saskatchewan. The prairie province rem…
EXPLORATION ’94 — UN exploration teams active globally
If one were to ask people on the street what they associate with the United Nations, the answer would probably be relief work in Somalia or peace-keeping in Bosnia, rather than mineral exploration in …
PEOPLE — DENTONIA RESOURCES (March 07, 1994)
Gerald Carlson appointed director.
EXPLORATION ’94 — Busy Manitoba exploration scene
Major exploration efforts in Manitoba in 1993 remained directed at base metals, but new commodities, notably diamonds, continued to increase in importance on the exploration scene. The recent improvem…
PEOPLE — AMERICAN MINING CONGRESS (March 07, 1994)
Richard Osborne elected chairman; Allen Born elected vice-chairman; Douglas Yearley elected vice-chairman and chairman of the financial committee; David Eckert, J. Harvey, Werner Nennecker and Richard…
PEOPLE — AARON OIL (March 07, 1994)
Peter Kreutzer appointed chief executive officer and Andrew Hyslop appointed chairman and director.
BGR Precious nets $42.6 million
Toronto-listed BGR Precious Metals has raised $42.6 million. The funds are from the sale of 2.5 million units at $17.85 per unit. Each unit consists of one Class A share and a Class A share purchase w…
EXPLORATION ’94 — The lure of Africa’s offshore diamonds
The diamond deposits off the western coast of Southern Africa are luring a growing number of companies interested in exploiting them. Although De Beers continues to dominate the offshore lease areas o…
EXPLORATION ’94 — Grevet development continues
Development of the Grevet zinc project, 50 miles northeast of Lebel-sur-Quevillon, Que., by Cambior (TSE) continues. Work last year included the sinking of a shaft and drilling to confirm the reserve …
EXPLORATION ’94 — Holloway decision awaited
The Holloway gold project in northeastern Ontario could be in production by late 1995 pending approval by partners Hemlo Gold Mines (TSE), Freewest Resources (TSE) and Teddy Bear Valley Mines (CDN). A…
NEWS ROUNDUP — Tri Origin to sell 1.2 million units
Junior Tri Origin Resources (TSE) plans to sell up to 1.2 million units on a best-efforts basis. Each unit will consist of one common share and one warrant. Holders of warrants will be entitled to buy…