11 (August 17, 1992)
Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.
News
Promising Gibraltar assays
Additional assay results were released by Gibraltar Mines (TSE) from its recently completed 25-hole drilling program on the Gibraltar mine property near McLeese Lake, B.C. The drilling program covers …
Western pulls out from Jones Hill
The recent withdrawal of Western Mining from the Jones Hill joint venture came as a surprise to Champion Resources (VSE) which is currently seeking advice from its lawyers because of the unexpected de…
Low-cost operation predicted by Antilles for Big Croppings
Based on a recent in-house feasibility study, Antilles Resources (VSE) predicts it will be able to produce gold for a cash cost of US$146 per oz. from the Big Croppings vein on its newly optioned Chic…
Kennecott options Galena Giant
A unit of Kennecott is about to start a drill program on the Galena Giant project, a “Sullivan-style” stratiform, lead-zinc-silver target on the Idaho-Montana border about 12 miles northeast of the fa…
Izok opening up the North
The challenge of further exploring and developing the Izok Lake, Hood River and Gondor massive sulphide properties in Canada’s far north appears to be off to a strong start. Faced with the reality of …
PEOPLE — INTERNATIONAL PRECIOUS METALS INSTITUTE
Francis Curren elected president; Robert Sippel elected first vice-president; Melvyn Frydrych elected second vice-president; Matthew Garfield elected treasurer.
PEOPLE — YUMA GOLD (August 17, 1992)
Joseph Abbinante and Donald Neal appointed directors.
PEOPLE — HOMESTAKE MINING (August 17, 1992)
Peter Steen elected president, chief operating officer and director; M. Anderson, William Humphrey elected directors.
NovaGold gets approval for New Brunswick copper mine
A copper mining and processing operation at the Murray Brook mine of NovaGold Resources (TSE) in northern New Brunswick will proceed now that the environmental permits have been received, the company …
Equinox fires up Van Stone mine
After nine months in mothballs, the Van Stone zinc mine near Colville, Wash., was recently brought back into production at 1,000 tons per day by owner Equinox Resources (TSE). Low zinc prices forced t…
Athena, former president settle legal differences
A longstanding legal dispute between current management of Athena Gold (VSE) and its former president and founder, William Jordan, was recently settled. The Nevada lawsuits over title to the Talapoosa…