News


PEOPLE — MIDAS MINERALS

Charles McMillan appointed director and chairman; John McKimm appointed president, chief executive officer and director.


Sampling at Keylock’s Slovak property yields gold

Favorable results have been obtained from preliminary exploration of Keylock Resources’ (ASE) gold property in the Slovak Republic. The program consisted of mapping, trenching, channel and chip sampli…


Thunderwood options Buchans

Thunderwood Resources (TSE) has optioned a property adjoining the past-producing Buchans base metal mine in west-central Newfoundland. The 279-claim property comprises 11,030 acres and covers the know…


Private placement for Shore Gold Fund

Saskatoon, Sask.-based Shore Gold Fund (ASE) has completed a private placement of 1.4 million shares at 25 cents each and issued an additional 483,549 shares at the same price. Proceeds will be used t…


Exploration stalls near Mt. Milligan

Exploration is winding down on properties near Placer Dome’s Mt. Milligan copper-gold deposit in central British Columbia. Noranda Exploration carried out a program on the Mitzi property in June and J…


New discovery at Petaquilla

Junior Adrian Resources (VSE) released assay results for eight holes drilled on its Petaquilla property before a break in field operations over the Christmas season. The Panamanian copper project is h…



San Andreas advances Prairie Creek

San Andreas Resources (TSE) is preparing an updated reserve estimate for its Prairie Creek mine property, 300 miles west of Yellowknife, N.W.T. The company expects to release the information in Januar…


Lyon Lake tests zone extension

Surface sampling and drilling demonstrate that the gold-bearing zone of the Beta Vargas deposit in Costa Rica is open to the east and at depth. Lyon Lake Mines (ME) has completed 17 reverse circulatio…



ODDS’N’SODS — A man `over the range’

(The following story is characteristic of the life and death of many placer miners in early years. The individual described, Stumpy Wicks, worked on the Coeur d’Alene River, in Idaho.) Stumpy Wicks wa…


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