NEWS ROUNDUP — Bishop completes chip sampling
Results from 275 chip samples from the Guadalupe gold property in Sonora state, Mexico, were announced by Bishop Resources International Exploration (CDN). The samples returned grades ranging from tra…
News
PEOPLE — INDEPENDENCE MINING (April 18, 1994)
James Komadina appointed vice-president, operations, Cripple Creek district.
Aurizon posts first revenues
Junior gold producer Aurizon Mines (TSE) reported revenues for the first time in its history. In 1993, total revenue was more than $5.7 million, representing six months of operations from the company’…
NEWS ROUNDUP — Western Troy issues rights
Junior Western Troy Capital Resources (ASE) will offer its shareholders (of record on April 15, 1994) one transferable right for each common share held. Four rights will entitle the holder to subscrib…
GAC, MAC sponsor short courses at Waterloo meeting in
The Geological Association of Canada (GAC), and the Mineralogical Association of Canada (MAC) are each sponsoring a short course at the upcoming joint annual meeting in Waterloo, Ont. The GAC short co…
Antares drilling three Zimbabwean properties
Drilling by Antares Mining and Exploration (TSE) between the 150- and 610-metre levels of the Black Cat zone has resulted in an inferred resource estimate of 250,000 tonnes averaging between 4.35 and …
BGR increases net asset value
Year-end results for 1993 were reported by BGR Precious Metals (TSE), a closed-end investment firm specializing in precious metals investments. BGR had an increase in net assets to $93.5 million for t…
LAST BUT NOT LEAST — Agnico starts drilling in Joutel area
Gold miner Agnico-Eagle Mines (TSE) has begun surface drilling east of the Telbel mine, along the well-established Eagle-Telbel mine trend near Joutel, Que. The 23,000-ft. program, which will extend t…
LAST BUT NOT LEAST — Nucore, New Aegis test laterite zone
Trenching and sampling on two Venezuelan gold properties have returned encouraging results. Partners Nucore Resources (VSE) and New Aegis Resources (VSE) are exploring the Nuevo Corazon de Jesus (NCJ)…
South Australia invites exploration
An increase in exploration in South Australia has prompted that state’s government to commit funds for a further work program. About A$1 million of the A$5-million program will finance airborne geophy…
Onshore, Minorco to drill Irish play
Partners Onshore Resources and Minorco are continuing their search for base metals on a 650-sq.-km property in central Ireland. The property is on a major structural trend which extends southwestwards…
Copper doldrums force Crew to drop Red Dog project
The poor price of copper has prompted Crew Natural Resources (VSE) to drop its interest in the Red Dog copper-gold project on northern Vancouver Island. The decison was also influenced by BHP Minerals…