NEWS IN BRIEF (December 12, 1994)
Mark V Petroleums & Mines (MRV:VSE) has changed its name to TLC Ventures on a 1-new-for-3-old-share basis.
Mark V Petroleums & Mines (MRV:VSE) has changed its name to TLC Ventures on a 1-new-for-3-old-share basis.
Two Toronto-listed juniors, Bethlehem Resources and Imperial Metals, plan to join forces in order to develop potential properties. The merged company would initially focus on Imperial’s Mt. Polley cop…
Alberta-listed Patrician Gold Mines is acquiring two additional gold exploration properties in Ghana. As a result, the junior will hold three concessions in the West African country, covering 150 sq. …
Diamond drilling is under way on Western Troy Capital Resources’ (ASE) Wagg gold prospect near Nestor Falls, Ont. The program will total 3,000 ft., with six holes totaling 1,072 ft. having already bee…
Drill results from the Galena Giant property in northern Montana were not as good as hoped. Vancouver-listed partners Wealth Resources and Arbor Resources previously reported the presence of copper su…
A gold discovery speculated to have multi-million-ounce potential appears to have triggered a “Canadian-style claims rush in Costa Rica. The interest was sparked by reports that Placer Dome (TSE) was …
Banks have agreed to finance the Refugio gold project in northern Chile. Chilean approval for the drawdown of a US$85-million gold loan is expected before the new year. The capital cost is estimated a…
Two companies — Kinross Gold (TSE) and affiliated junior Consolidated Kassan Resources (VSE) — have completed a share purchase and option agreement with East African Mines (EAM), a private company t…
Ongoing programs in Turkey, Mexico and South America were highlights of this past year’s $19-million exploration program of Cominco Resources International (TSE). A 50-50 joint venture program with pa…
The Keystone gold mine in northern Manitoba is in the black. Equal partners Granduc Mining (TSE) and Black Hawk Mining (TSE) report that production between June 1 and Sept. 30 led to an operating prof…
A new resource has been calculated for the Nicholas Lake project in the Northwest Territories.
The Law of the Sea, a complex and controversial international treaty that sets down rules on how the seas’ bounty will be used, came into effect in mid-November. The United Nations treaty also tackles…
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