Resource boosted at Busang
When Bre-X Minerals (ASE) began exploring for gold in Indonesia several years ago, it hoped to find deposits with multi-million-ounce potential. Today, that aspiration is being realized at the company…
News
NEWS IN BRIEF (July 24, 1995)
Welcome North Resources (WLN:VSE) has changed its name to Welcome Opportunities (WLO:VSE) on a 1-new-for-8-old-share basis.
Antilles acquires Brinex ground
A junior company based in Spokane, Wa., has picked up ground in the Flowers River area situated about 85 km southeast of Voisey Bay. Antilles Resources (VSE) says the claims were originally located by…
Companies (July 24, 1995)
IndexAberAbsolutAdexAmercn GemAnglo AmrcnAntares M&EAntilles ResArimtco IntlArmisticeAtapaAurAvalon VenBannerBarrick Gld,Bema GoldBHP MinlsBolivar GfdBrazilianBre-X MinBreseaBrooklineC…
Meetings (July 24, 1995)
MeetingsJuly 31, Athlone July 31, Brooks July 31, CamphorJuly 31, Coral Gold July 31, Int’l Avino July 31, Int’l Curator July 31, Ivory Oils July 31, Loumic July 31, Micro Aug. 1, HeartlandAug. 1, Por…
La Rock drilling at its Brandywine property
Drilling is continuing on La Rock Mining’s (VSE) Brandywine property, 25 miles north of Squamish, B.C. To date, assays results have been reported from 15 holes in what is expected to be a 23-hole prog…
Index (July 24, 1995)
DepartmentsCareersClassified AdvertisingDiamond NewsDiamond DrillersEditorialsInsider TradingInvestment CommentaryMetal PricesOdds’n’SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber …
Rio grants Chachacomiri extension to Cominco Ltd.
Owing to a delay in drilling at the Chachacomiri property in Bolivia, Rio Amarillo Mining (VSE) has given Cominco (TSE) a 2-month extension on a US$400,000 option payment previously due at the end of …
Orleans close to production
Montreal-listed Orleans Resources has received the mining leases required to build its wollastonite production facilities.Orleans owns a sizable wollastonite deposit in the Saguenay-Lac St. Jean area …
Banner acquisition hits snag
The acquisition of the Otjosondu manganese mine in central Namibia continues to face delays.Last August, Banner Mining (VSE) agreed to buy all the issued capital of the mine’s owner, Purity Manganese,…
Inco buys back shares
Nickel giant Inco (TSE) will repurchase up to 10 million (about 10%) of its common shares.The repurchase is expected to end no later than July 12, 1996. The shares will be paid for with internal cash …
NEWS ROUNDUP — Armistice continues sampling
Bulk sampling has enhanced the potential of Armistice Resources’ (ME) gold property in Virginiatown, Ont.The company mined a 3,200-ton bulk sample with an estimated grade of 0.3 oz. gold per ton. The …