Airborne surveying has been completed on the Alexis River property of Greenshield Resources (CDN), 250 km southeast of Goose Bay, Labrador. The survey shows zones of high magnetic susceptibility that …
Six months have passed since Azco Mining (AMEX) announced it was selling two copper deposits — one in Arizona, the other in Mexico — and the board of directors is still having difficulty convincing …
The Minoro property held by Tombstone Explorations (TSE) and Mar-West Resources (VSE) is situated in Honduras. A recent story on the copper-gold project (T.N.M., Nov. 20/95) did not state the property…
The board of directors of Denison Mines (TSE) has approved a plan of arrangement for the company whereby holders of preferred shares will receive 25 new common shares for each preferred share held, an…
Drilling on the Ladner Creek mine project near Hope, B.C., is returning encouraging results for Athabaska Gold Resources (TSE).The company is working to boost the mining reserve accessible from existi…
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Bradley Aelicks appointed president and chief executive officer.
Venezuela’s mines ministry has approved the development plan for the Loma de Hierro nickel deposit, 50 km southwest of Caracas. And Jordex Resources (TSE), owner of a 45% interest, is looking forward …
FirstMiss Gold (NASDAQ) has signed an agreement with a group of underwriters for a public offering of stock.The company is seeking gross proceeds of US$126.75 million from the sale of 6.5 million shar…
Drilling at the Daisy project in southern Nevada has confirmed a minable reserve of 542,000 tons averaging 0.025 oz. gold per ton in the West zone.The project is owned 65% by Inter-Rock Gold (ME) and …
Short positions outstanding at October 31, 1995Larger individual positions included: Barrick Gold 5,459,772; Agnico-Eagle 195,525; Anderson Expl. 132,100; Bema Gold 1,366,400; BGR Precious Metals 114,…
Mining conglomerate RTZ (NYSE) intends to acquire a controlling interest in the Beroen gold property, west of Cuenca, Ecuador.The current owner, Ecuadorian Minerals (TSE), has identified several areas…
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