Fortune negotiating agreements
Having announced significant assay results from its NICO claim group near Yellowknife, N.W.T., Fortune Minerals (CDN) is entertaining several joint-venture proposals. Last fall, sampling from eight su…
News
Diabex cuts two gold intervals
On the Desjardines property in northwestern Quebec, Diabex Resources (ME) has intersected two gold showings with one drill hole. The hole was drilled to test two geophysical anomalies associated with …
ODDS’N’SODS — Preserving Bruce Mines
A mining-tourism project has been under way during the past few years in the town of Bruce Mines in northern Ontario. Other than some small “Indian diggings” at Mamainse and Alexander Henry’s 30-ft. e…
William to buy Mexican company
Toronto-based William Resources (TSE) intends to acquire all outstanding shares of Minas Colorada of Mexico. Colorada operates three mines and a mill in Zacatecas state. The mill has a capacity of 240…
TSE SHORT POSITIONS (March 20, 1995)
mi-monthly reports as of Feb. 28, 1995 showed 235,623,529 shares of 758 issues compared with 243,958,189 shares of 785 issues on Feb. 15, 1995. rger individual positions included: Aber Res. 61,940, up…
Abacus eyes Niblack play
The Niblack volcanogenic massive sulphide project in southeastern Alaska has caught the eye of Abacus Minerals (VSE), which has entered into two separate agreements to acquire a 100% interest. The 185…
SME features global mining
If the 124th annual meeting and trade show of the Society for Mining, Metallurgy and Exploration had to be summed up in a word, it would be “variety.” More than 5,300 people attended the recent event …
Cons. Nevada finds zone at Aurora
Reverse-circulation drilling at the Aurora gold mine in Nevada is returning ore-grade mineralization over large widths. Consolidated Nevada Goldfields (TSE), in an attempt to define the eastern extens…
Two rigs at San Fernando
By adding a second drill rig to the San Fernando gold property in west-central Mexico, San Fernando Mining (TSE) has intensified exploration and predevelopment work. The $2-million program will consis…
Nevada’s `School of Mines’
An elementary school in Henderson, Nev., is trying to interest students in mining through construction of the “McCaw School of Mines.” Funding, materials and manpower are being donated to the 4,649-sq…
PEOPLE — BAND-ORE (March 20, 1995)
Richard Hughes appointed vice-president of corporate finance.
PEOPLE — BIRCH MOUNTAIN (March 20, 1995)
Richard Garnett appointed director.