News

A startup at the Colomac gold project in the Northwest Territories is set for the first half of 1994, Royal Oak Mines (TSE) reports. The company hopes to complete a feasibility study by August and sta…

A recent court ruling that Cream Silver Mines (VSE) is not entitled to compensation for the expropriation of its Strathcona Park claims may be appealed to the Supreme Court of Canada. President Frank …

In light of low gold prices, Homestake Mining (NYSE) has decided against financing expansion of the Golden Bear open pit in northwestern British Columbia. Expansion of the pit, operated by North Ameri…

With environmental work largely complete, CMP Resources (ME) expects the British Columbia government will soon approve development of the QR gold deposit, 70 km southeast of Quesnel, B.C. CMP bought t…

Cons. Newgate Res. — 800,000 units @ 86 cents per unit where each unit consists of 1 sh and 2 wts; with a minimum offering of 400,000; two series A wts to purchase 1 sh.

Stormin Resources Inc. (SMR:VSE) has changed its name to Biocoll Medical Corp. with no consolidation of capital. The transfer agent is Pacific Corporate Trust.

Ameri Minerals, a private company, has agreed to buy 1.94 million or 60% of the outstanding shares of Scarlett Minerals (ME) from Noramco Mining (TSE) and Gothic Resources (ME). When the transaction i…

Rino Manarin appointed director.

James Carter appointed director.

Ron Churchill appointed president.

Douglas Hyndman appointed director.

Jim Heras appointed director and president.