Kalahari tips Mexican Hat toward feasibility
A joint-venture agreement between Kalahari Resources (VSE) and Oneida Resources has revived the Mexican Hat project in Cochise Cty., Ariz.Kalahari can earn up to a 60% interest in the property by spen…
News
DIAMOND NEWS ROUNDUP — Trillion uncovers more kimberlites
A recent discovery brings to six the number of kimberlites found on the Sansukwe property in Zimbabwe.The dyke, found by 50% owner Trillion Resources (TSE), is one of several discovered thus far in a …
Franco-Nevada to buy stake in Queenston
Royalty holder Franco-Nevada Mining (TSE) is making a substantial investment in Queenston Mining (TSE) and the prolific Kirkland Lake gold camp in northeastern Ontario.Franco-Nevada will subscribe for…
Meetings (December 18, 1995)
MEETINGSDec. 27, Royal Bay Gold — annual, generalDec. 28, Amalgamated Cangold — specialDec. 28, Flag Res. — annual, generalDec. 28, Golden Briar — annual, generalDec. 28, Oxbow — specialDec. 28, …
OBITUARY — Garfield Parsons
Garfield “Red” Parsons died in Toronto on Nov. 15 after a long battle with cancer.Mr. Parsons graduated from the University of Toronto with an honors degree in geology and mineralogy. After serving in…
Production costs at Red Lake hamper Goldcorp’s earnings
Revenue and earnings of Goldcorp (TSE) were down for the first nine months of 1995, as the company devoted much of its resources to development.Goldcorp earned $4 million or 13 cents per share on reve…
Ecuadorian resumes drilling Gaby
An increase in the estimated gold resource of the Gaby deposit in Ecuador has prompted Ecuadorian Minerals (TSE) to resume drilling.The estimate more than doubled to 3.5 million oz.More than 10,000 me…
Manhattan about to reach producer status as Mexican mine gears up
The next two months will mark a transition for Manhattan Minerals (TSE) as it makes the leap from junior exploration company to junior gold producer.Robert Willis, chairman and chief executive officer…
Harmony drilling shows potential
Initial drill results from the Harmony gold project on the Queen Charlotte Islands, B.C., are confirming the potential for developing high-grade reserves within the known Specogna deposit.Misty Mounta…
Royalstar begins work program at King of Kings gold property
Royalstar Resources (VSE) has begun drilling its King of Kings (formerly Garrison) gold property in southwestern Montana, and early results are encouraging.Hole RK-1, drilled at an angle, encountered …
Voisey’s Bay potential tied to Eastern Deeps
Reserves at Voisey’s Bay continue to grow as fast as speculation about an imminent takeover of the project’s majority owner, Diamond Fields Resources (TSE).Drills are still turning on the main ovoid z…
Hall moves to Elliot Lake
The contents of the Canadian Mining Hall of Fame have been handed over to the mayor of Elliot Lake, Ont., for a temporary stay of three to five years.George Miller, chairman of the Hall of Fame and pr…