News

Montreal-based Canchrome Mines (ME) will use proceeds from a private placement to carry out drilling on the Turgeron gold property in northwestern Quebec. The $150,000 placement consisted of 375,000 f…

ITEC Mineral, a 67%-owned subsidiary of St. Genevieve Resources (ME), is raising funds to upgrade its Norebec-Manitou mill near Val d’Or, Que. Proceeds from a $5-million financing, consisting of 1.7 m…

The Ontario government plans to make $5 million available during the 1995-96 fiscal year for exploration work, through two programs. The level of financial assistance is unchanged from the current fis…

Allan Williams appointed director.

Colin Benner appointed executive vice-president and chief operating officer.

Rhonda Smerchanski and D. Briggs appointed directors.

Andrew Kaczmarek appointed vice-president and general manager.

Gordon Keevil appointed president and director; Anton Foust appointed director.

A new option agreement covering the Raq tailings project in Chile would give Pacific Galleon Mining (VSE) a 100% interest in the project. The option agreement is with a private investment group which …

Thomas Kelly appointed president and chief operating officer.

The success of junior mining companies in Canada and Australia has not gone unnoticed by the African National Congress (ANC), the ruling party of South Africa. Nor does ANC appear to be unaware of the…

The first hole drilled by partners Sharpe Energy and Resources (VSE) and Freewest Resources Canada (TSE) on their Horseshoe property in Wisconsin has yielded a significant base metal intersection. Hol…