News

Lyon Lake Mines (ME) has released results of reverse circulation drilling on the Beta Vargas gold project in Costa Rica. Results from the first 13 of 17 holes include 0.12 oz. gold per ton over 13 ft….

Project manager Agnico-Eagle Mines (TSE) has finished initial exploration of the Cavelier gold property near Matamagi, Que. Ownership is split 50-50 between Agnico and Radisson Mining Resources (ME). …

To fund drilling on its Black Twp. gold property near Kirkland Lake, Ont., Regal Goldfields (CDN) has arranged a private placement. The company is issuing 80,000 units at $2.50 each. A unit consists o…

The Chamber of Mineral Resources of Nova Scotia is establishing an annual Media Award to be given to writers who present the province’s mining industry in a favorable light. The Chamber plans to prese…

John Geller appointed vice-chairman.

S. Ogryzlo and Peter Bedford elected directors.

Gordon Bub appointed director and officer; Rene Galipeau appointed chief financial officer.

Stephen Murphy appointed director.

Having completed the feasibility study on its Bajo de la Alumbrera deposit in northwestern Argentina, International Musto Explorations (TSE) is seeking a partner to help develop the US$550-million pro…

Milton Ward appointed director and chairman; Gerald Malys appointed director.

Arthur Brown and John Craig appointed directors; Anthony Hawkshaw appointed vice-president and chief financial officer.

Scott Emerson, Nick DeMare, Michael Iverson and Rick Vanderhorst elected directors.