Redfern funding
Though subject to regulatory approval, funds are now in place for further exploration of the Tulsequah Chief and Big Bull claims in northwestern British Columbia. Redfern Resources (TSE) has negotiate…
News
GeoNova options four properties
An option agreement with Homestake Canada gives GeoNova Exploration (VSE) the right to earn interests in four properties in northwestern Quebec. The junior may earn a 100% interest in each of the Noyo…
El Callao gold prospect — Teck, Kinross team in Venezuela
Within a year of acquiring several promising gold deposits in North America and Zimbabwe, Kinross Gold (TSE) has set its sights on Latin America. At the annual meeting in Toronto, the company announce…
NEWS IN BRIEF (May 16, 1994)
City Resources (Canada) (CIZ:VSE) has changed its name to Misty Mountain Gold (MGL:VSE) on a share-for-share basis.
Positive results in Privat Twp.
Drillers have uncovered gold and copper mineralization at a property near Amos, Que. Exploration Orbite (ME) intersected 40 sulphide-bearing sections, the thickness of which varies from a few feet to …
EDITORIAL PAGE — Lament for a province
In mid-1985, Ontario’s debt stood at $30 billion. Throughout the following five years of Liberal profligacy, despite a robust economy during most of that half-decade, the debt rose to $39.3 billion. (…
New TVX management pursuing acquisitions
Less than a year into its mandate, TVX Gold (TSE) is wasting no time as it pursues mining opportunities. At the annual meeting in Toronto, Chairman Eike Batista told shareholders and analysts that the…
Sudbury Contact raises exploration funds
Junior Sudbury Contact (TSE) has completed a flow-through private placement worth $1 million. The company will issue 166,666 shares to associated company Agnico-Eagle Mines (TSE). Sudbury Contact will…
Kingswood, Botswana amalgamate
Alberta-listed Kingswood Resources has amalgamated with Botswana Minerals, a privately owned Canadian company, to form Southern Africa Minerals. Under the merger, Kingswood shareholders will receive o…
NEWS ROUNDUP — Bachelor, Espalau merger complete
Now that shareholders have approved the proposed merger of Bachelor Lake Gold Mines (ME) and Espalau Mining (ME), the former will become a wholly owned subsidiary of Espalau and will be known as Espal…
Technical notes
Four new technical notes have been released by mineral processing laboratory Lakefield Research: Tailings testing (Vol. 5, No. 4), Advances in zinc flotation (Vol. 5, No. 5), Solvent extraction testin…
BOOKS IN REVIEW — Cobalt walking tours
A Guide to Historic Cobalt, by Peter Fancy. Published by the Temiskaming Abitibi Heritage Association. For mail orders, contact the Highway Book Shop, Highway 11S, Cobalt, Ont. P0J 1C0. 40 pages. $3.7…