Corner Bay acquires Arizona copper play
Corner Bay Minerals (TSE) is acquiring the Korn Kobb copper property in Arizona by making option and acquisition expenditures and paying a residual royalty on production to the vendor.Corner Bay has, …
News
Silica deposit discovered in Quebec
Drilling results have delineated probable reserves of 11.6 million tonnes of high-silica quartzite on the De Salaberry Twp., Quebec, property of Bruneau Minerals (ME).The deposit, which is minable by …
Ariel busy in Costa Rica
Preliminary results from a 4,500-metre drill program completed by Ariel Resources (VSE) on the San Martin mine and Sierra group properties in Costa Rica suggest that three zones found on the propertie…
Colorada potential entices Glamis
Just one day after Eldorado (TSE) held its annual meeting and approved a shareholders’ rights protection plan, Glamis Gold (TSE) made an unsolicited takeover bid for the company.Glamis Vice-president …
Year off to good start for Noranda
The first quarter of 1995 was the most profitable in six years at Noranda (TSE).The company’s first-quarter earnings jumped to $158 million from $44 million for the same period in 1994. Revenue rose t…
Meetings (June 12, 1995)
MEETINGSJune 19, Canadian Mining — annual, generalJune 19, Cross Lake — annual, generalJune 19, Dalmatian — annualJune 19, DRC — annual, generalJune 19, Golden Dividend — annual, generalJune 19, …
Glimmer raises funds for Hislop
Junior Canadian Golden Dragon (VSE) will acquire 200,000 shares of Glimmer Resources (VSE) priced at $1 per share.The funds raised will be added to Glimmer’s working capital and fund a preliminary fea…
Fairfield pulls high-grade gold values
Underground drilling is returning multi-ounce gold values at the Siwash North project owned by Fairfield Minerals (TSE) near Merritt, B.C.Fairfield is in the midst of a 25,000-ft., 200-hole, undergrou…
Quebec juniors conclude Auclair joint venture
Silver Century Explorations, an affiliate of Agnico-Eagle Mines (TSE), has concluded an option agreement with two Quebec-based juniors, Explorations Diabior (TSE) and Virginia Gold Mines (ME).The agre…
Patrician forms joint venture
Details of a proposed joint- venture agreement between South African gold-producer JCI and Patrician Gold (ASE) on three of Patrician’s Tanzanian properties have become available.JCI has the option to…
Mill City and MacDonald assess Golden Hill project
An initial drilling program is under way at the Golden Hill project, situated within the 2,000-sq.-km Florencia-Jobabo concession near Camaguey, Cuba.Partners Mill City Gold Mining (VSE) and MacDonald…
Permits awaited for Huckleberry
New Canamin Resources (TSE) has applied for a mine development certificate for its Huckleberry project near Smithers, B.C. The company expects to receive the certificate in late August or early Septem…