Soquem, Tiomin work North Shore
The Annic joint venture, an equal partnership between Tiomin Resources (ME) and Quebec Crown corporation Soquem, has acquired 53 sq. km on the North Shore of the Gulf of St. Lawrence in Quebec.The joi…
News
Astoria closed by Yorbeau
Faced with the continuing cost of keeping the Astoria mine on standby, Yorbeau Resources has decided to close it.The company will remove underground equipment from the mine, 3 km south of Rouyn, Que.,…
PEOPLE — ORCANA
Geordie Trusler and James Anthony appointed directors.
Junior leads the way in Timmins exploration
With airborne geophysical work nearing completion, Leader Mining International (ASE) is looking to begin drilling its Nettogami Lake base metal property by March.The 274-sq.-km property, 180 km north …
Great Central to double output
Australian-based Great Central Mines (NASDAQ) expects its gold production in the first quarter will be double that of the previous 3-month period.The company produced 48,291 oz. gold at a cash operati…
Yanacocha mine pours millionth oz. of gold
Newmont Gold (NYSE) and its partners at Minera Yanacocha in Peru have poured their one-millionth ounce of the yellow metal.The open-pit, heap-leach mine, 375 miles north of Lima, started up in August …
Arequipa enlarges surface area of gold zone
Test-pitting at the Pierina property in the northern Peruvian province of Ancash has enlarged the surface area of a potential ore-grade gold zone.In a second phase of sampling, Arequipa Resources (TSE…
Franco-Nevada swallows Redstone
Franco-Nevada Mining (TSE) has succeeded in taking over Redstone Resources, its major shareholder.Franco offered Redstone shareholders one Franco-Nevada common share for every 20 Redstone shares held….
Brimstone planning work on Mayflower
Brimstone Gold (VSE) is raising funds to explore the historic Mayflower gold mine project near Whitehall, Mont.A private placement of up to 2 million special warrants at 45 cents each will give the ju…
Beaver Brook shows potential
Underground work at the Beaver Brook antimony project in central Newfoundland has confirmed the interpretation of surface drilling, showing that there is potential for stronger mineralization.Owner Ro…
PEOPLE — ALL-NORTH
Patrick McCleery appointed chairman and director; Adrian Hobkirk appointed president and director.
PEOPLE — ARLO RES. (February 12, 1996)
Richard Rickard appointed secretary, treasurer and director.