NDU, Cash team at Ruby Range
A joint-venture agreement with Cash Resources (VSE) paves the way for NDU Resources (VSE) to earn a half interest in the Ruby Range gold property in southwestern Yukon.To do so, NDU must pay $150,000 …
Articles by Northern Miner Staff
Channel expands African holdings
While it continues to explore its gold concessions in Burkina Faso, West Africa, Channel Resources (TSE) is acquiring interests in two additional properties in the area.By gaining a 95% stake in these…
Lenora tests gravity process
Bulk-testing of material from the Box and Athona deposits at the Goldfields gold project in northern Saskatchewan is complete, Greater Lenora Resources (TSE) reports.Preliminary analysis of the gravit…
Echo Bay, Canarc join forces to explore Guyanese project
Gold producer Echo Bay Mines (TSE) has acquired a 10.5% stake in Canarc Resources (TSE) and chosen the Baramita gold property in Guyana for further exploration.The senior acquired the interest by purc…
Western Copper, Thermal to merge
An amalgamation of Western Copper Holdings (TSE) and Thermal Exploration (ASE) is in the works.The merger is intended to facilitate development and financing of the jointly owned Carmacks copper proje…
Crystallex sweetens Eurus deal
An amendment to the previously announced merger of Eurus Resource (VSE) and Crystallex International (VSE) sweetens the pot for Eurus shareholders.They will now receive one share and one warrant of Cr…
Verdstone, Amcorp land moly property
Partners Amcorp Industries (VSE) and Verdstone Gold (VSE) are acquiring a molybdenum project in British Columbia in return for $5,000 plus 100,000 shares each.The companies are conducting additional s…
New CaribGold showing in Cuba
Surface work at the Sierra Maestra Oriental gold concession in eastern Cuba has uncovered a new discovery, CaribGold Resources (TSE) reports.Mapping and airborne geophysics, along with rock sampling, …
NEWS IN BRIEF (May 08, 1995)
Broadlands Resources (BOD:VSE) and Shorewood Exploration (SWX:VSE) have amalgamated to form International Broadlands Resources (IBR:VSE). Broadlands and Shorewood shareholders received one new share f…
Santa Fe hikes quarterly output
First-quarter earnings for Santa Fe Pacific Gold (NYSE), while strong, are down slightly from a year ago.Net income was US$12.3 million (or 9 cents per share), just off from US$13.4 million (or 12 cen…
Rio, North bid for Musto
Shareholders of International Musto Explorations (TSE) are considering a new takeover offer.Copper producer Rio Algom (TSE) of Toronto and Australian resources company North Ltd. have joined forces an…
GAC/MAC meeting draws earth scientists to Victoria
More than 1,000 earth scientists from around the world are coming to the University of Victoria in Victoria, B.C., for the May 17-19 annual meeting of the Geological Association of Canada (GAC) and th…