News

Eastfield and Prism plan work in Nevada

Partners Eastfield Resources (VSE) and Prism Resources (VSE) have bought the Three Hills project in Nevada.The companies paid Coeur Exploration US$320,000 for the property, which, when combined with t…


Trivalence gains ground in W. Africa

Junior Trivalence Mining (VSE) has set its sights on a former-producing alluvial diamond mine in Guinea, West Africa.The company intends to acquire all the shares of privately owned First City Mining,…


PEOPLE (April 08, 1996)

ABACUS MINERALS — Ken Thornsen appointed director.ACE DEVELOPMENTS — Jacek Pawlowski appointed vice-president of finance and chief financial officer.ATNA RES. — Lukas Lundin appointed director; Nan…


Princeton gets nod for Huckleberry

Princeton Mining (TSE) has received federal approval to proceed with development of the Huckleberry open-pit copper mine near Houston, B.C.Princeton is developing the mine in concert with a consortium…


Exall buys stake in Hislop-Beatty

A final feasibility study at the Hislop-Beatty gold property near Matheson, Ont., has prompted Exall Resources (TSE) to buy a 60% interest from Hemlo Gold Mines (TSE).The remaining 40% is held by Glim…


Ego gets cash infusion

While the situation is improving, a slow start to cobalt sales from its recovery plant in Cobalt, Ont., has made it necessary for Ego Resources (TSE) to find money elsewhere.As a result, the company h…


Lawyers to discuss Cuban legislation

Recent U.S. legal restrictions involving Canadian trade with Cuba have prompted the law firm Osler, Hoskin & Harcourt to schedule a client seminar for April 24 in Toronto.Experts in trade law will be …


N.W. Ontario Prospectors to proceed with show

The annual Mines and Minerals Symposium for northwestern Ontario will proceed as scheduled, April 16-17 in Thunder Bay, with the assistance of the Northwestern Ontario Prospectors Association (NWOPA)….


United Reef sells rough diamonds

A parcel of rough diamonds recovered from the Bamingui River property has netted gross proceeds of US$316,657, which equates to an average value of US$204.37 per carat.Owner United Reef (TSE) says the…


Caledonia intersects mineralization at Kadola

Reverse-circulation drilling by Caledonia Mining (TSE) at its Kadola property, a 2,179-sq.-km exploration concession south of the Zambian copper belt, has encountered copper and gold mineralization.Ho…


Diavik bulk sample reflects past results

Initial processing of an underground bulk sample from the A-154 South pipe at the Diavik diamond project in the Northwest Territories is returning grades comparable to an earlier mini-bulk drill sampl…


Aurizon cash flow slipped in ’95

Cash flow for Aurizon Mines (TSE) dipped to $4.4 million (or 12 cents per share) in 1995 from the $7 million (20 cents per share) reported in 1994.The company holds a half interest in the Sleeping Gia…


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