NEWS IN BRIEF (March 28, 1994)
Severide Resources (SVE:VSE) has changed its name to Severide Environmental Industries on a share-for-share basis. It is no longer involved in mining.
News
Gibraltar reviewing Mt. Polley
The next new mine in British Columbia could be the Mt. Polley copper-gold deposit in the central part of the province. A joint venture between Gibraltar Mines (TSE) and Imperial Metals (TSE) involves …
Kinross continues drilling at Hoyle Pond property
Definition drilling by Kinross Gold (TSE) is continuing on the 1060 zone at the Hoyle Pond mine, near Timmins, Ont. To date, 21 holes totaling 6,000 metres have been drilled on the new zone, which is …
INSIDER TRADING — Minefinders officers sell shares
Two officers of Minefinders (VSE) sold shares in January and February. Senior officer and director Dale Hendrick exercised 50,000 options at 22 cents and sold 11,500 shares at $2-2.40 to hold 88,500 s…
NEWS IN BRIEF (March 21, 1994)
Pacific Northern Ventures (PNV:VSE) has changed its name to Pacific International Hardwoods on a share-for-share basis.
Caribgold happy with Cuban results
Toronto-based junior Caribgold Resources (TSE) is encouraged by results from initial field work on its five joint-venture properties in Cuba. Drilling is scheduled to begin soon at the Descanso-Melone…
Mexico opens up mining areas
The Mexican government opened up almost 13 million hectares of land last year in an effort to spur mineral exploration. This year, the Ministry of Energy, Mines and State Industry has already put up f…
Prime Equities options Johnson River play
Murray Pezim’s flagship, Prime Equities International (VSE), is proposing to spend at least $4 million this year to prove up a gold-rich polymetallic deposit in the Cook Inlet region of southern Alask…
Cambior to develop Peruvian copper project
Growing gold producer Cambior (TSE) plans to develop Peru’s La Granja copper project. The Val d’Or, Que.-based company, which operates the Omai gold mine in Guyana, can acquire La Granja outright by i…
METALS PRICES (March 21, 1994)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne Date Mar. 15 Mar. 14 Mar. 11 Mar. 10 Mar. 9 Lead 453-454 449.00-450.00 462.50-463.50 442.50-443.50 439-440 Zinc 929-930 930.50-93…
Northern Crown says drilling on Zapote zone confirms
Drilling on the Guadalupe gold property in western Mexico is confirming the potential of the Zapote zone. Northern Crown Mines’ (VSE) recent work has been confined to sections 4950N and 4900N and is e…
Mining day at Quevillon
A “mining day” in Lebel-sur-Quevillon, Que., is planned for April 26 as part of Quebec’s Mining Week activities. The theme of the day will be “Lebel-sur-Quevillon, the new mining camp of Abitibi.” Mor…