News


Durvada vends Nevada property

An agreement has been signed between Durvada Resources (ASE) and Crimson Star (VSE) to develop Durvada’s gold heap leach property in southwestern Nevada. Crimson Star can earn a 50% interest in the Ye…


Chile considers flow-through plan

A recent Canadian government report says at least six countries in South and Central America are making serious efforts to attract additional mineral exploration. For example, the report says, Chile h…



Executive changes at Dickenson, Wharf

The chairman and chief executive officer of Dickenson Mines (TSE) and Wharf Resources (TSE) will become president of the two companies, Dec. 1. Robert McEwen, president of Goldcorp Investments, the co…


U.S. REPORT Court demands Mercur document

U.S. exploration company Gold Standard (NASDAQ) has successfully gained access to more documentation relating to the acquisition by American Barrick Resources (TSE) of the Mercur gold mine in Utah. A …


U.S. REPORT Fairbanks boosts Fort Knox reserves

The preliminary “resource” estimate at the Fort Knox gold deposit at Fairbanks, Alaska, has jumped 50% from what was indicated at the end of 1989, Fairbanks Gold (VSE) reports. At a cutoff grade of 0….


Equity sale keeps CoCa in black

Earnings reported by CoCa Mines (TSE) for the third quarter ended Sept. 30 declined to US$52,700 from earnings of US$255,000 in the third quarter of 1989. The sale of the company’s remaining position …




Greyhound option

An option to earn a 65% interest in the Lynx gold property in northern Saskatchewan’s La Ronge greenstone belt has been acquired by Vancouver-based Greyhound Communications (VSE). The company, which p…


Greenstone, Boliden drilling Panama bet

A 128,000-ft. drilling program has started on the Santa Rosa gold property of Greenstone Resources (TSE) and Boliden International in central Panama. The joint venture is held 51% by Boliden and 49% b…


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