Wayside makes drilling plans
The Wayside property near Gold Bridge in southern British Columbia will soon undergo diamond drilling. International Wayside Gold Mines (VSE) will carry out a 2,500-ft. program in an effort to test th…
News
Six new targets at Nixon Forks
At its Nixon Fork project in west-central Alaska, Consolidated Nevada Goldfields (TSE) has identified six new areas of mineralization and expanded minable reserves by 29,730 oz. gold (a 22% increase)….
New PNG government spells progress for Lihir
The outstanding issues hindering development of the Lihir gold deposit in Papua New Guinea (PNG) are being resolved, according to 20% participant Niugini Mining. Nuigini is held about 56% by Battle Mo…
OBITUARY — Roy Saukko
The owner of Diamond Indicator Processing, Roy Saukko, died unexpectedly at his residence in Thunder Bay, Ont. He was 59. Saukko was born in Toronto and later attended the University of Toronto. He wa…
PEOPLE — VENCAN GOLD
Kenneth Baird appointed president and chief executive officer.
INSIDER TRADING — Manhattan directors buy and sell shares
Two directors of Manhattan Minerals (TSE) bought and sold shares in October and November. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Peter Tegart sold 6…
Freewest options Barry Twp. ground
An option to earn a 60% interest in 18 claims adjoining ground where Murgor Resources (VSE) made a gold discovery has been acquired by Freewest Resources Canada (TSE). Freewest can earn the interest f…
VenCan grants option to Chesbar
Junior companies VenCan Gold (ME) and Chesbar Resources (ME) have signed an agreement relating to their gold exploration joint venture in Venezuela’s Bolivar state. The agreement, which is still subje…
Sutton to calculate costs for Marudi gold project
Having completed its 1994 drilling program on the Marudi concession in southern Guyana, Sutton Resources (VSE) will next determine capital and operating costs for an open-pit mine. Two deposits, Marud…
ODDS’N’SODS — The chauffeur who missed Ottawa
The column (T.N.M., Oct. 10/94) on Thayer Lindsley and Karl Springer by Philip Eckman brought back memories of the many times I travelled with “T.L.” (He was rarely addressed as Thayer.) He graduated …
PDAC convention set for March
International exploration, including the diamond play, will take centre stage at the 63rd annual convention and trade show of the Prospectors and Developers Association of Canada (PDAC), scheduled for…
Canalaska adds to land holdings
In a flurry of activity, International Canalaska Resources (VSE) has acquired new holdings in Arizona and Labrador, and launched an exploration program in Panama. Canalaska joined the staking rush on …