News

Bulk sampling, as well as more exploration and development, is planned for the Beaufor gold project 16 miles northeast of Val d’Or, Que. The bulk sampling, say 50-50 partners Louvem Mines (TSE) and Au…

By acquiring all outstanding shares of Ecuadorian resource company Square Valley, Startigan (ASE) has assumed ownership of two gold projects in the foothills of the Andes. The Gaby property, 85 miles …

Peat Resources (CDN), a company with plans for a peat fuel processing plant, says Ontario Hydro will participate in a formal review of the technical and economic aspects of Canada’s sustainable peat f…

Junior Montrose Gold Resources (CDN) has ended its option agreement with Falcon Point Resources (ASE). The agreement covered the Montrose Twp. gold property in northeastern Ontario. Montrose decided n…

Robert Kendrick and Rodney Duncan appointed directors.

Glenn Rochon appointed president.

James Clubb and Martin Hubble appointed directors; Brian Sutton appointed vice-president and chief financial officer.

After three years of continuous losses, Atlas (NYSE) has adopted a plan to lift itself out of the red in fiscal 1994. The turnaround strategy is being implemented by a new management team headed by St…

C. Clark appointed executive vice-president and chief financial officer.

British Columbias ombudsman has promised to review the process that led to the provincial governments decision to create a park in the northwestern area known as Haines Triangle. Last year, Premier Mi…

Further trenching on the Kaburi-Eldorado project in Guyana has returned more high-grade gold values. Cathedral Gold (TSE) is earning up to a 90% interest in the property which is 20 miles northwest of…

Hopes are high for companies active in Venezuela, particularly those with ground in the Kilometre 88 region on the eastern border of the country. Placer Dome (TSE) sparked a rush in the area in late 1…