Armistice sampling program continues
Bulk sampling under way at Armistice Resources’ (ME) gold property in Virginiatown, Ont., could lead to a small-scale mine. The junior, which remains committed to the idea of proving up reserves below…
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Canmine drilling FER project
A 13,500-metre drill program has begun on Canmine Resources’ (ASE) FER base metal project near Flin Flon, Man. The program will test the Island zone, which is interpreted to consist of massive sulphid…
Continental Caretech earns stake in Dryden property
Having just completed a drilling program, Continental Caretech (CDN) has incurred the necessary expenditure to earn a half interest in the Thunder Lake West gold project near Dryden, Ont. The 10-hole …
NEWS ROUNDUP — Eastmain gets properties in Timmins camp
CDN-listed Eastmain Resources has acquired two 160-acre properties near the Kidd Creek copper-zinc-silver mine in Timmins, Ont. To acquire the South property, the junior must pay $330,000 over five ye…
STOCK MARKETS — 1994 trading helps VSE approach near
Trading and financing approached near records for the Vancouver Stock Exchange in 1994. Financing raised through the exchange totalled $1.27 billion, which, in the exchange’s 87-year history, ranks se…
PEOPLE — PLACER DOME LATIN AMERICA
W. Hayes appointed president and chief executive officer.
PEOPLE — COEUR D’ALENE (January 16, 1995)
Lynn Pirozzoli appointed vice-president of environmental services and regulatory affairs.
Red metal’s rise leaves BHP in black
Australian-based resource giant Broken Hill Proprietary (BHP) experienced a jump in sales and other revenues for the 6-month period ended Nov. 1, 1994. The 10% rise was in part due to the improved per…
Pallaum focuses on South Pacific plays
Additions to management and a planned change of focus will take Pallaum Minerals (ASE) to Papua New Guinea in quest of gold. Trading in the issue is currently halted at the company’s request while a r…
More gold found at La Colorada
Development drilling on the Mexican operation known as La Colorada is continuing to intercept thick zones of oxide gold mineralization. Eldorado (TSE) is carrying out 100,000 ft. of reverse-circulatio…
Crystallex/Eurus deal stalls
Shareholder dissent appears to be stalling a deal which was to result in Crystallex International (VSE) becoming the sole owner of the Albino gold concession in Venezuela. Certain minority shareholder…
Peruvian expands ground position
If applications for an additional 21 mining claims in Peru are accepted, Peruvian Gold (VSE) will increase its land holdings in the country substantially. The junior would see its holdings expanded by…