Companies (July 31, 1995)
B SECTIONAmax GoldAnglo SwissAnvilAtlas Baja GldBHP MinrlsBralrn-PionCathedral GCominco,Coral GoldCorner BayCornucopiaCyprus AmaxEcho BayEldoradoGeomaqueGold CityGold GiantGreat LksHomestake…
News
LABRADOR NEWS ROUNDUP — Castle Rock reports discovery
Partners Castle Rock Explorations (VSE) and Pan-Global Enterprises (VSE) have discovered “heavily mineralized” gossans on their claims in Labrador. The gossans contain visible chalcopyrite, pyrrhotite…
LABRADOR NEWS ROUNDUP — Magna locates copper gossans
Preliminary exploration of the Rocky Cove property, 220 km northeast of Goose Bay, Labrador, has identified two copper-bearing gossans.Consolidated Magna Ventures (VSE) reports that iron oxide and sul…
Greenland grants more mineral licences
Still more companies are flocking to the world’s largest island in search of Voisey Bay-type nickel-copper-cobalt deposits.The activity is due to the geological similarities between Labrador’s Nain ge…
LABRADOR NEWS ROUNDUP — Anomaly may relate to graphite
Preliminary field work is under way on ground held jointly by United Compass Resources (VSE) and Layfield Resources (VSE).The property, situated 40 km northwest of the Voisey Bay discovery in Labrador…
Cyprus Amax suspends mining at Climax mine in Leadville
Inco Ltd T173433$47 1/444 1/445 7/8-1 3/8.TBarrick Gold T115839$37 1/834 5/834 5/8-2Placer Dome T106226$39 1/436 36 1/2-2 1/4Diamond Flds T65703$70 3/468 3/4 69 3/4-7/8Falco…
Uranerz, partners drill-test Saskatchewan kimberlite field
Diamond exploration is always a needle-in-a-haystack venture, but the four joint-venture partners looking for gems beneath the Saskatchewan prairies figure they have enough haystacks to make their odd…
Glamis Gold options Aquiline’s Jojoba project in N.W. Mexico
Drilling is planned for La Jojoba, a property in Mexico’s Sonora state.Glamis Gold (TSE) will fund the work under an option to earn a 75% interest from Aquiline Resources (VSE).Glamis must also pay US…
LABRADOR NEWS ROUNDUP — Niatak partners cut sulphides
The first two holes drilled on the Niatak Island property in Labrador have encountered narrow layers of massive sulphides.Vancouver-listed partners Starcore Resources and Goldnev Resources are drill-t…
Azco shareholders dispute Phelps Dodge deal
Certain shareholders of Azco Mining (TSE) are attempting to block the company’s proposed sale of specific mining assets to Phelps Dodge (NYSE).In late April of this year, Phelps Dodge offered US$40 mi…
St. Andrew completes offering
A total of 12.6 million shares will be issued following the completion of a rights offering by St. Andrew Goldfields (TSE). The offering is expected to generate proceeds of $2.5 million.St. Andrew wil…
Black Hawk looks for more gold at Hoyle
Drills are turning once again at Black Hawk Mining’s (TSE) gold property in Ontario’s Hoyle Twp.The company has begun a 8,400-metre, 37-hole drill program to test the continuity of the known gold zone…