News

Northern Crown adds to Mexican holdings

By acquiring an option on the 2,200-hectare Mesa property in Sonora state, Northern Crown Mines (VSE) has added to its holdings in Mexico. To earn the interest, the company must pay US$225,000 over fi…


NEWS ROUNDUP — Ramrod adds to Cranbrook ground

Toronto-listed Consolidated Ramrod Gold has added to its ground position near Cranbrook, B.C., by entering an agreement to acquire the St. Joe claims, which lie north of its FORS and Vine properties. …


ODDS’N’SODS — Arctic site once inhabited

To the untrained eye, the Tasiariluk site on Little Cornwallis Island, N.W.T., does not represent an imposing spectacle. Its only distinguishing feature seems to be a few small patches of sparse veget…


Gignac to chair MAC

Louis Gignac, chief executive officer of Cambior (TSE), has been elected chairman of the Mining Association of Canada (MAC). He replaces Placer Dome’s Anthony Petrina who recently retired. In his open…


Geoscience Centre opens in Ottawa

The ribbon has been cut at the Canadian Geoscience Information Centre (CGIC) in Ottawa. The new centre is an amalgamation of the Geological Survey of Canada (GSC) library (including the map, geophysic…


Czech gold prospect acquired by juniors

VSE-listed juniors Royalstar Resources and Paramount Ventures and Finance plan to form a joint venture to explore the Kasperske Hory gold project in the Czech Republic. The companies announced an agre…


Cusac drilling returns high-grade values

Drilling on the Table Mountain property in northwestern British Columbia returned high-grade gold values for Cusac Industries (VSE). The program included infill drilling on the West Bain vein (Holes 9…




Golden Trio nets private placement

A private placement of 10 million units at 20 cents each has been closed by Golden Trio Minerals (VSE). Each unit is composed of one common share and one purchase warrant which entitles the holder to …


Consolidated Nevada buys Nixon Fork

In buying all the issued and outstanding shares of Nixon Fork Mining, Toronto-listed Consolidated Nevada Goldfields has acquired 71% of the Nixon Fork gold project in central Alaska. As consideration …


AROUND THE GLOBE — Exall clears prospectus

Its final prospectus approved, Exall Resources plans to issue 3.7 million units (without additional payment) upon the exercise of 3.7 million special warrants issued on March 18, 1993. Each unit consi…


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