Drilling permits for Matthews
Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…
News
Petaquilla reserves expanded by drilling
Drilling on the Petaquilla property in Panama is steadily expanding reserves. Adrian Resources (VSE), manager of the exploration program, has a 20% indirect interest in the project and an option to ac…
LAST BUT NOT LEAST — Dolobec sale gets shareholder nod
Shareholders of Quebec dolomite producer Dolobec have approved the sale of their company to Dufresnoy, Societe d’exploration miniere (ME) for $1.1 million. Dufresnoy intends to finance the acquisition…
Curragh’s control of assets slips
Time is running out for troubled Curragh (TSE), which lost control of virtually all its remaining assets at a recent court hearing in Toronto. Ontario Court Justice James Farley granted a request from…
NEWS ROUNDUP — Cambior acquires Grevet project
The Grevet zinc project in northwestern Quebec is now wholly owned by Cambior (TM/CBJ) The Val d’Or, Que.-based company has acquired Serem-Quebec’s 50% interest in Grevet, as well as the interests of …
Crown in Peru
VANCOUVER Crown Resources (TSE) has expanded its Latin American gold acquisition program into northern Peru. e company has applied for exploration and mining concessions in 10 areas, the most prospect…
High River options ground near Snow Lake
Under an agreement between High River Gold Mines (TSE) and Manitoba mining consultant Bruce Dunlop, High River can acquire two properties next to its Snow Lake gold project in northern Manitoba. One o…
NEWS ROUND-UP — Farallon drops Spanish, FAR
To conserve funds and concentrate on acquiring an undervalued, advanced-staged project, Farallon Resources (VSE) has elected to terminate option agreements on two projects. The company is dropping its…
NEWS ROUNDUP — Belmoral to buy oil and gas company
Toronto-based junior Belmoral Mines (ASE) has agreed to buy Langevin Resources, an oil and gas company managed by PanCanadian Petroleum (ASE). In connection with the acquisition, Belmoral will issue m…
NEWS IN BRIEF (September 27, 1993)
Bridger Resources (BDG: VSE) has changed its name to BDG Pacific Resources with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Pacific Corporate Trust.
MITEC gives boost to exploration research
The exploration technology division of MITEC (Mining Industry Technology Council of Canada) is becoming an active agency through which industry funds are transferred to research groups. Several resear…
Airborne, sampling results reported from Cross Mine
Several new anomalies which may represent mineralized and altered zones have been outlined in an airborne survey on the Cross Mine properties near Boulder, Colo. Nearly all of the known mineralized zo…