News

New gold zones found at Meliadine

Drill results from the Meliadine West project near Rankin Inlet, N.W.T., reveal the presence of two new gold zones. WMC International drilled 23,500 ft. in a 33-hole program. The Australian-based majo…






ODDS’N’SODS — A persistent bear

In my experience, I’ve found that bears are wary of human occupation and will not venture near a camp until it has been vacant for several days at least.Black bears are capable of ripping doors off ca…


Correction (October 02, 1995)

Cominco (TSE) is earning an interest in a Guyanese gold project held by Roraima Gold (VSE), rather than Romaima, as reported in T.N.M. Sept. 18/95.


La Teko lands partners for Ryan Lode mine

With an attractive reserve figure at the Ryan Lode gold mine near Fairbanks, Alaska, La Teko Resources (NASDAQ) has granted an option to two small companies in an effort to reopen the operation.The co…


Lihir announces public offering

A registration statement has been filed with the U.S. Securities and Exchange Commission relating to the sale of shares in newcomer Lihir Gold.The company, newly incorporated in Papua New Guinea, plan…


Waddy Lake and Golden Rule agree on merger terms

The boards of directors of Waddy Lake Resources (TSE) and Golden Rule Resources (TSE) have agreed on a share exchange that will see the two companies merge.Golden Rule, through its wholly owned unit G…


Lithos sees more reserve potential at Wrightbar

New reserve figures are likely to come from planned exploration drilling at the Wrightbar mine near Val d’Or, Que. Owner Lithos (ME), which dewatered the workings at the former producing mine last win…



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