Monarch spreads its wings in El Dorado camp
In 1987, a company was listed on the London Stock Exchange in order to carry out gold exploration in Venezuela. Since then, Monarch Resources has invested more than US$80 million in the country and go…
News
PEOPLE — CANARC (September 26, 1994)
Victor Tanaka appointed vice-president of exploration.
Pangea drilling at Fenn-Gib
Results from the first two holes of a 10,000-metre drill program on Pangea Goldfields’ (TSE) Fenn-Gib property near Matheson, Ont., suggest excellent down-plunge continuity of the West Deformation zon…
PEOPLE — ADRIAN
Gordon Zelko appointed vice-president of public relations.
Crew renamed South Crofty
Shareholders of Crew Natural Resources (VSE) have approved a corporate name change to South Crofty Holdings, as well as a consolidation of shares on a 2-for-1 basis. The name change reflects the compa…
Noranda, Rhonda uncover northern copper deposit
Partners Noranda Minerals and Rhonda Mining (ASE) have discovered a new sediment-hosted copper deposit on the Epworth property, 120 km south of Coppermine, N.W.T. Exploration over the past three years…
Caldera government imposes strict economic measures
Venezuelan Financial Affairs Secretary Luis Raul Matos has defended the strict economic measures taken recently to overcome the country’s financial crisis, saying the government was taking a “pragmati…
DIAMOND SPECIAL — Russian diamond output in decline
Major world diamond producer Russia produces about 95% of its diamond output from five mines. The country’s output has been falling for the past three years; analyst David Williamson Associates of Lon…
Barytex’s Mel returns zinc-lead values
All six holes of a deep drilling program on the Mel zinc-lead-barite deposit in southeastern Yukon have intersected mineralization. International Barytex (VSE) is working to expand the Main zone resou…
EDITORIAL PAGE — Diamond hunt goes national
The feverish quest to find a diamond mine in Canada has spread from the Northwest Territories to cover much of the country, including northern Ontario. The diamond rush began in the Territories, north…
PEOPLE — KOOKABURRA (September 26, 1994)
Graeme Robinson appointed interim president and chief executive officer.
PEOPLE — REPUBLIC GOLDFIELDS (September 26, 1994)
J. Belton elected preisident.