Avalon, Starcore nab five N.W.T. properties
Avalon Ventures (VSE) and Starcore Resources (VSE) have acquired five additional mineral properties between them in the Mazenod Lake area of the Northwest Territories.The companies have agreed in prin…
News
Pentland ponders underground programs in Hoyle Twp.
With three gold properties taking shape near the Bell Creek mine in northeastern Ontario, Pentland Firth Ventures (TSE) is formulating underground programs, to be implemented in the third quarter.Gold…
Ore outlined at Cerro San Pedro
A prefeasibility study on the Cerro San Pedro heap-leach gold-silver project in central Mexico has outlined nearly 2 million oz. gold-equivalent.Owner Metallica Resources (TSE) estimates a preliminary…
CaribGold surveys Cuban properties
In search of drill targets, CaribGold Resources (TSE) is conducting geophysical surveys on its most advanced properties in Cuba.An induced-polarization (IP) survey exceeding 50 line km is being carrie…
Black Hawk Mining to put Redstone on hold
Preferring to sell at higher prices, Black Hawk Mining (TSE) has delayed production at its Redstone nickel deposit in northeastern Ontario. The mine will be closed until the nickel market improves.The…
Cons. Professor gives in to takeover by Royal Oak
Several large shareholders in Consolidated Professor Mines (TSE) have agreed to an 80 cents-per-share takeover offer from Royal Oak Mines (TSE). For its part, Royal Oak will be looking at production p…
Inter-Rock funds development at Daisy
Montreal-listed Inter-Rock Gold will raise $3.5 million to finance development at the Daisy gold project near Beatty, Nev.The funds will be raised by offering units, the price of which will be establi…
Kinross closes new transactions
A group consisting of Nesbitt Burns, Midland Walwyn Capital, Scotia-McLeod, CIBC Wood Gundy, First Marathon Securities, Richardson Greenshields of Canada and Goepel Shields and partners has acquired 7…
Altai adds to Asian portfolio
Altai Resources (TSE) has acquired a 40% working interest, plus a 10% net smelter return, on a nickel-cobalt property in the Philippines, and plans to carry out a feasibility study this year.The 17-sq…
Troymin and partners begin exploring in Saskatchewan
Alberta-listed Troymin Resources reports that two joint-venture partners have begun exploring two of its properties in Saskatchewan.Aur Resources has launched a 9-hole, 1,300-metre drill program on Tr…
Granduc Mining and Black Hawk consolidate BT JV
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
Meetings (February 12, 1996)
MEETINGSFeb. 19, Banner Feb. 19, Mispec Feb. 19, Navarre Feb. 20, Camphor Feb. 20, FMCI Precious Metals Feb. 20, Rankin Feb. 20, Royal Crest Feb. 20, Texas Star Feb. 20, Zim-Gold Feb. 21, Lucas Gold F…