NEWS ROUNDUP — MacDonald options Cuban concession
Two companies — MacDonald Mines Exploration (CDN) and the Cuban entity, Geominera S.A. — have joined forces to explore a property in east-central Cuba. The 2,000-sq.-km concession, in Camaguey provi…
News
Chile’s Buchi to address PDAC convention luncheon
A former candidate for the presidency of Chile, Hernan Buchi, will speak at a luncheon on March 7 in Toronto during the annual convention of the Prospectors and Developers Association of Canada (PDAC)…
N.A. Rare Metals to join Sunstate
North American Rare Metals (ME) is set to amalgamate with Sunstate Cablesystems. Prior to doing so, North American will create a wholly owned subsidiary into which it will transfer all its assets. All…
LAST BUT NOT LEAST — Joint venture to buy Cassiar assets
Three companies have exercised an option to acquire the relevant assets and properties of Cassiar Mining. Cliff Resources (TSE) holds 30% in the joint venture, with an overriding 3.3% royalty on gross…
THE DIAMOND PAGE — Rhonda estimates diamond grade from small
Following drilling at its Snowden, Sask., joint-venture project, Rhonda Mining (ASE) reports that Hole 93-2 contained a 1.17-metre, bedded tuff unit averaging 52 carats per 100 tonnes, with a 0.5-mm c…
PEOPLE — TEXAS STAR RESOURCES
Robert Allen appointed vice-president, exploration.
PEOPLE — INT’L LARDER MINERALS (February 14, 1994)
John Cowans and Donald McKinlay appointed directors.
PEOPLE — NEWMONT GOLD (February 14, 1994)
Michael Moran elected vice-president, engineering services.
U.S. MINING REPORT — Nevada’s Carlin Trend supports numerous
One would be hard-pressed to name a richer North American gold mining complex than the Carlin Trend in Nevada. The Goldstrike property of American Barrick Resources (TSE) contains about 22.5 million o…
LAST BUT NOT LEAST — Keno compiles reserve data
Consulting firm Watts, Griffis & McOuat is poring over exploration and reserve figures for the Galena Hill silver-lead mine in the Yukon in preparation for underground drilling, to begin in May. Owner…
LAST BUT NOT LEAST — Golden Star affiliate in French Guiana
New York-listed Asarco has signed an option agreement with Guyanor Resources S.A., a wholly owned subsidiary of Golden Star Resources (TSE). Asarco will earn a half interest in Golden Star’s St. Elie …
Metallica options Frida concession
An option agreement has been signed, affecting the Frida gold concession in southeastern Venezuela. Over a 30-month period, Metallica Resources (CDN) can buy all the shares of vendor Minera Sabine for…