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)….
News
Noranda, Corner Bay Minerals pool Mexican exploration
The wholly owned Mexican subsidiary of Corner Bay Minerals (TSE) has concluded an agreement with a unit of Noranda (TSE) whereby the companies will pool their current land holdings in the Roncesvalles…
Joutel intersects gold in Cuba
The first phase of drilling at Joutel Resources’ (TSE) La Zona Barita project in Cuba has encountered high-grade gold mineralization. Situated in the Sierra Maestra concession on the southwestern coas…
Red Badger returns gold values
Drilling on the TQY property north of Yellowknife, N.W.T., is returning gold values for Gitennes Explorations (ASE). The company, which is earning a half interest from Tanqueray Resources (ASE), repor…
Diamond Fields expands discovery
Excellent progress is reported by Diamond Fields Resources (TSE) at its Voisey Bay nickel-copper-cobalt project in Labrador. Stepout drilling and geophysical surveys east of the known area of minerali…
MK Gold plans Jerooy mine
Construction is expected to begin this year on MK Gold’s (NASDAQ) Jerooy gold project in the former Soviet republic of Kyrgyzstan. A feasibility study, approved by the company’s Kyrgyz partner, outlin…
PEOPLE — WHEATON RIVER (January 09, 1995)
Thomas Kelly appointed president and chief operating officer.
Newmont projects higher output
Gold producer Newmont Gold (NYSE) expects to produce 1.85 million oz. in 1995, compared with output in 1994 of about 1.65 million oz. Completion of a refractory ore roaster at the company’s Carlin min…
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 …
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…
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…
PEOPLE — VENCAN GOLD
Kenneth Baird appointed president and chief executive officer.