Chase begins drilling on Taysan
Drilling is under way on the Taysan copper-gold project in the Philippine province of Batangas. Chase Resources (VSE) has an option to acquire a 59.9% interest in the project by making a cash payment …
Drilling is under way on the Taysan copper-gold project in the Philippine province of Batangas. Chase Resources (VSE) has an option to acquire a 59.9% interest in the project by making a cash payment …
Shareholders of Audrey Resources (TSE) approved recently the sale of 20 million common shares to Cambior (TSE) at 65 cents per share (T.N.M., Aug. 31/92), giving the latter control of Audrey. Audrey’s…
In response to floundering nickel markets worldwide, Inco (TSE) is slashing production, curtailing capital expenditures and introducing other cost-cutting measures. Shortly after denying rumors of cut…
Getting in and out of the mining business is becoming much more costly, thanks to securities demanded for abandonment, a Vancouver lawyer said at a recent environmental law conference here. Lynne Hues…
Despite a preliminary estimate of more than one million tons of ore grading half an ounce of gold per ton, there were no takers. Even when gold started its upward climb from US$40 per oz. in 1970 to a…
Ressources Minieres Canaco (MSE) has signed an agreement allowing it to acquire a 50% interest in First Standard Mining’s (VSE) Val St-Gilles gold property north of Lasarre, Que. To earn its interest,…
Partners Echo Bay Mines (TSE) and Crown Resources (TSE) are busy with a US$15-million development program at their Lamefoot deposit in northeastern Washington state. The property is part of the Kettle…
Recent drilling on the Tulsequah Chief property in northwestern British Columbia confirms the massive sulphide deposit extends below current reserves. Redfern Resources (TSE), 100% owner of the proper…
The recent acquisition of a subsidiary of Tenneco will give Equinox Resources (TSE) another operating mine. The acquisition, priced at about US$2.4 million, includes a 100% interest in the Goldstrike …
Drilling is under way on Flag Resources’ (ASE) 24,000-acre claim block covering the Wanapitei anomaly near Sudbury, Ont. The 5,000-ft. hole is designed to penetrate basement rocks underlying the Huron…
Drilling by Hemlo Gold Mines (TSE) is under way on the Omega gold property near Kirkland Lake, Ont., Greater Lenora Resources (TSE) reports. Diamond expert Christopher Jennings has joined Lenora’s boa…
Drilling to test known mineralized zones as well as recently located geophysical anomalies is scheduled to begin on its Verneuil Twp., Que., property in mid-November, says Golden Tag Resources (VSE). …
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