PEOPLE — ROYAL GOLD (August 14, 1995)
Peter Babin elected executive vice-president.
News
Madsen drilling Red Lake property
An underground drilling program has expanded proven and probable reserves by 9% to 907,000 tons grading 0.29 oz. gold per ton at the Madsen gold mine near Red Lake, Ont.The mine, owned by Madsen Gold …
Minco lands joint venture in China
Following a due diligence visit to China, Minco Mining & Metals (VSE) has signed a joint-venture agreement with the Szechwan Bureau of Geology & Mineral Resources (SBGMR).The agreement enables Minco t…
PEOPLE — REPADRE
Joseph Conway appointed president and chief executive officer.
PEOPLE — PEGASUS GOLD (August 14, 1995)
Robert Lonergan appointed vice-president, general counsel and corporate secretary.
Nelson builds gold project in Tajikistan
The Zeravshan mining project in Tajikistan will be ready for commercial gold production by the first quarter of 1996.Operator Nelson Gold (TSE) has a 49% joint-venture interest in Zeravshan, while the…
LABRADOR NEWS ROUNDUP — Lakefield Minerals acquires Minipi land
The Minipi Lake area, about 100 km southwest of Goose Bay, has attracted several junior exploration companies seeking anorthosite-hosted base metals.Lakefield Minerals (CDN) recently purchased claims …
French company eyes diamonds
French-based Guyanor Ressources (TSE) will explore a 25-sq.-km property in central French Guiana that contains a known diamond occurrence.Diamonds were discovered in the Inini area in 1978 when Bureau…
Records set at Lac des Isles
The second quarter of 1995 saw Toronto-listed North American Palladium (NAP) set a production record at its Lac des Isles platinum-palladium mine near Thunder Bay, Ont.Output of 206,700 tons surpassed…
INSIDER TRADING — Adex execs exercise options and sell shares
Several insiders of Adex Mining (TSE) traded both common shares and options in the company during April and May.According to the Ontario Securities Commission’s OSC Bulletin, Sally Burton, senior offi…
Redfern firms up plans for Tulsequah
A positive feasibility study is enabling Redfern Resources (TSE) to formulate mining and milling plans for its Tulsequah Chief property in northwestern British Columbia.Rescan Engineering of Vancouver…
Sutton intersects high-grade gold at Bulyanhulu project
Extensive drilling on the Bulyanhulu gold project in Tanzania is encountering significant gold mineralization well below previous depths.Sutton Resources (VSE), which acquired the project a year ago, …