PEOPLE — QUINTO MINING (August 23, 1993)
Philip Kratzer appointed director.
News
PEOPLE — THUMPER RESOURCES
Henry Ewanchuk appointed president and director; Brian Kynoch and Stuart Angus appointed directors.
PEOPLE — UNITED REEF PETROLEUMS (August 23, 1993)
Mousseau Tremblay appointed chairman; Michael Coulter appointed president; Ken Johnson appointed vice-president, exploration; Francois Boisvert appointed vice-president, African affairs.
EDITORIAL PAGE — Deep-felt commitment
Nothing warms the cockles of an old miner’s heart more than to read that some aging mine somewhere in Canada, tottering toward depletion, discovers a new zone or orebody. Closure postponed, a few hund…
IMF gold holdings
The International Monetary Fund reported gold holdings of 103.4 million oz. as of April 30 this year, unchanged from one year ago. Goldrite Mining (GRQ: VSE) has changed its name to Consolidated Goldr…
Audrey to drift at Mobrun project
An exploration drift will be driven during the third quarter to allow for testing at depth by drilling of the 1100 lens at the Mobrun polymetallic project near Rouyn-Noranda, Que., Audrey Resources (T…
Cyprus drilling Queenston ground
Diamond drills are being moved onto Queenston Mining’s (TSE) two properties near Kirkland Lake, Ont. Cyprus Canada, a subsidiary of Cyprus Minerals of Colorado, has launched an 8-hole, 10,000-ft. prog…
PNG seeks 50% of Lihir project, surprised Vengold left in
The government of Papua New Guinea is thwarting an agreement allowing Venezuelan Goldfields (VSE) to acquire a 20% interest in the Lihir Island gold project (T.N.M., Aug. 16/93). Just days after annou…
Jordex negotiates funding for exploration in Bolivia
An international company partly owned by the French government will provide funds to explore properties staked by Jordex Resources (TSE) in Bolivia. During the past 18 months, Jordex carried out a rec…
Bre-X active in Indonesia
An agreement has been signed with an international mining company to acquire a 55% interest in an advanced-stage porphyry copper-gold property in Indonesia, Bre-X Minerals (ASE) reports. The Taware Va…
Loki funds acquisition, plans drilling at Brewery Creek
The first phase (5,000 metres) of a planned 15,000-metre drill program was expected to be under way this month at the Brewery Creek property. Loki Gold (VSE) is now the operator following a previously…
NEWS ROUNDUP — Agnico begins Zone 6 work
A $15.1-million development program is under way at Zone 6 of the LaRonde mine, west of Val d’Or, Que. Agnico-Eagle Mines (TSE) expects the high-grade zone to be in production by mid-1995. Exploration…