Rothschild helps Goldbelt raise funds
In concert with efforts to raise funds for its tailings project in Kazakhstan, Goldbelt Resources (VSE) recently appointed N.M. Rothschild as its financial adviser. Under the terms of the agreement, R…
News
Westaurum to fund Davis-Keays
Westaurum Industries (ASE) says it has secured a notice of private placement for $5 million from German investors to explore and develop the Davis-Keays copper mining properties in northwestern Britis…
Hycroft boosts Crofoot silver output
Silver production at the Crofoot/ Lewis heap leach mine in Nevada jumped to 66,379 oz. during the first quarter of 1992. Hycroft Resources & Development (VSE), owner of the mine, notes that the operat…
Record quarter for American Barrick
Thanks to some pleasant surprises at the Goldstrike mine in Nevada, American Barrick Resources (TSE) was able to add another record quarter to a growing list of financial achievements. The Toronto gol…
United Kingdom’s gold potential
The momentum of gold exploration in Britain has been high since the discovery in 1979 by Consolidated Goldfields of gold-bearing strata-bound base-metal sulphides in the Archean at Gairloch, northwest…
Mallon’s Costa Rica project optioned by Newmont
North America’s biggest gold producer, Newmont Mining (NYSE), has signed an agreement to explore Mallon Resources’ (NASDAQ) Rio Chiquito gold-silver concession in Costa Rica. The 28,000-acre property …
Soquem options Gold Hawk claims
An option deal to earn a 50% interest in the property of Consolidated Gold Hawk Resources (ASE) in Duplessis Twp. southeast of Matagami, Que., has been acquired by Quebec Crown mining exploration comp…
Predicting the path of drill holes can be a real challenge
As many geologists can attest, drilling is not a predictable task. And millions of dollars are spent annually on drilling programs to test exploration targets and to extract rock samples for assaying….
Cominco Res. active in Latin America
One of the more active foreign mining companies in Latin America is Cominco Resources International (TSE). It has copper projects in Mexico and Chile, a wollastonite project in Mexico, a gold property…
NO HEADLINE (April 27, 1992)
An exploration agreement on the LeMare property owned by Stow Resources (VSE) was recently signed by Minnova (TSE). Minnova can earn a 60% interest in the property by spending a total of $1.5 million …
Taywin plans Merry Widow drilling
A recent private placement has Taywin Resources (VSE) planning the first phase of a 3-part program aimed at proving up direct-shipping tonnage at its 100% owned Merry Widow copper-gold property near P…
X-Cal options Pipeline-area ground
By way of a purchase option, X-Cal Resources (VSE) recently picked up a 3,000-acre parcel of ground in the Pipeline/Gold Acres area of Crescent Valley, Nev. The property is located about five miles no…