News


NEWS IN BRIEF (September 06, 1993)

Braemont Resources (BMZ:VSE) has changed its name to Lumby Resources Corp. (LBY:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis.


Franco, Euro acquire Carlin royalty

By paying US$5 million, Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) have jointly acquired a 4-9% net smelter return on the Dee mine and 5,000 surrounding acres in northern Nevada. The roya…


Short courses precede meeting

Two short courses will precede the Nov. 3-5 meeting of the Alaska Miners Association (AMA) in Anchorage. Topics of the 2-day short courses, to take place Nov. 1 and 2, will be “Precious metal-bearing …





Bolivar Goldfields to spend $5-million

VSE-listed Consolidated Cassandra Resources plans to spend US$5 million exploring its new land package in Bolivar state, Venezuela. The company is expected to change its name to Bolivar Goldfields to …


NEWS ROUNDUP — Deak pours first Astoria brick

The first gold brick from the Astoria gold mine in northwestern Quebec was poured recently by Deak Resources (TSE). Ore from the Yorbeau project near Rouyn-Noranda, Que., is being trucked to Deak’s Vi…


NEWS ROUNDUP — Eden Roc drills at Anuiri mine

By drilling on its gold project in Ivory Coast, Eden Roc Mineral (TSE) hopes to be able to confirm reserves and thereby triple production. Eden Roc has a 68% interest in Societe des Mines d’Afema, own…


NEWS ROUNDUP — Lyon Lake plans work program

Most of the proceeds of a rights issue will be used to pay for a feasibility study of the Beta Vargas gold concession in Costa Rica, Lyon Lake Mines (ME) reports. The rights issue, available only to Q…


Drilling extends Botija deposit

The first three holes drilled in this year’s second-phase exploration program are expected to increase the geological resource of a deposit on the Petaquilla project in Panama. All three holes at the …


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