Partners scratch gold potential of Dogpaw Lake
A first-phase program, budgeted at $500,000, will test the gold potential of the Dogpaw Lake property in the Kenora district of northwestern Ontario.Houston Lake Mining (HLM-A) holds an option to acqu…
News
Mines minister promotes Ontario at Minexpo trade show
A delegation led by Ontario Mines Minister Christopher Hodgson attended the recent Minexpo ’96 trade show in Las Vegas, Nev.Hodgson and representatives of mining equipment manufacturers promoted the a…
GREATEST VALUE TRADED (September 23, 1996)
ExchgValue($000)HighLowCloseChangeInco LtdT205256…
NEWS IN BRIEF (September 23, 1996)
First Quantum Ventures (FQV-V) has changed its name to First Quantum Minerals (FM-V).
Borneo Gold soars on strength of v.g.
Without reporting a single rock chip, trench or drill hole sample, Vancouver-based Borneo Gold (BNO-V) quadrupled in value during a single day of trading, closing at $10.05 on Sept. 17, with 2.2 milli…
GeoNova finds new zone at Chevrier
Discovery of a new zone south of the main deposit on the Chevier property near Chibougamau, Que., is expected to boost the project’s resources, reports GeoNova Explorations (GNE-M).Hole 126 intersecte…
ODDS’N’SODS — The saga of the Granduc mine
I will never forget the day in 1978 when Treavor Hancock, supervisor of British Columbia’s Granduc copper mine, phoned to tell me that the roof of the mill had collapsed under the weight of ice and sn…
KWG Resources poised to take over Far East Gold
With a little help from its parent company, KWG Resources (KWG-T) has initiated a takeover bid for Far East Gold (FEGI-C).St. Genevieve Resources (SGV-T), the controlling shareholder of both KWG and F…
FACTS & FIQURES — Nevada pulls weight in production
Nevada produced an estimated $3.2 billion in minerals (including petroleum and geothermal energy) in 1995, matching the record set in 1994.It produced 6.8 million oz. gold worth $2.6 billion in 1995, …
PEOPLE –ROYCEFIELD RES.
Philippe DesRosiers appointed director.
PEOPLE –ROYAL ROADS
D. Grenville appointed director.
PEOPLE –RIVER GOLD MINES
Michael Power appointed vice-president of corporate development.