Carson boosts Kilometre 88 ground
In return for cash, shares and reserve payments, Carson Gold (VSE) can acquire the Lote Delta and Nueva Alaska gold concessions in the Kilometre 88 region of Venezuela. The 5,000-acre Lote Delta groun…
Articles by Northern Miner Staff
NEWS ROUNDUP — Aquamin lands Peruvian ground
In the coastal gold belt of Peru, Aquamin Resources (VSE) is set to increase its holdings to more than 25,000 hectares. The Peruvian government is expected to approve recent applications for 16 claims…
LAST BUT NOT LEAST….Agnico planning notes offering
A preliminary prospectus regarding a proposed public offering of convertible notes due in 2004 has been filed in Canada and the U.S. by gold producer Agnico-Eagle Mines (TSE). The company says the not…
LAST BUT NOT LEAST….Nahanni joins with Prospero
Junior Nahanni Mines (TSE) will combine with Prospero Canadian Land Investment Fund to form a new company, RG Properties. The merger calls for a consolidation of one RG share for 12.5 Nahanni shares. …
LAST BUT NOT LEAST….Shoreham samples golden
Rock and soil sampling on the Randsburg property of Shoreham Resources (VSE) has returned widespread gold values. The 15-acre property is next to the Baltic Pit mine of Glamis Gold, near Randsburg, Ca…
LAST BUT NOT LEAST….Bitterroot testing garnet prospect
A total of 220 holes of a planned 300-hole definition program has been completed on an alluvial almandine garnet project in Mohave Cty., Ariz. Bitterroot Resources (VSE) says preliminary results confi…
NEWS ROUNDUP — Hughes Lang Group merger
Three of four junior companies within the Hughes Lang Group have agreed to amalgamate and form a new company, CanGold Resources. Shareholders met Dec. 29 to vote on a proposal to amalgamate Hughes Lan…
OPINION — South American mood bullish
The mood is bullish in the South American mining industry in spite of sagging world mine development and a bleak price outlook, which will continue rampant during 1994 as a result of global economic t…
NEWS ROUNDUP — Mutual obtains African ground
In line with plans to focus increasingly on West Africa, Mutual Resources (VSE) has acquired an option to earn a 54% stake in the Sewum Tokosea gold concession in Ghana. Mutual initially paid $15,000 …
LAST BUT NOT LEAST….Bruneau raises $540,000
Montreal-based Bruneau Minerals (ME) has raised $540,000 through two private placements. One placement raised $450,000, of which the company plans to spend $360,000 exploring three properties in Quebe…
PEOPLE — FRESCO DEVELOPMENTS
Chet Idziszek appointed president and director; Derek Bartlett appointed director.
PEOPLE — GOLD CANYON (January 17, 1994)
Stephen Flechner appointed president; Raymond Irwin appointed vice-president, exploration.