Vangold acquires interest in Tajikistan
An agreement with a private company gives Pacific Vangold Mines (VSE) a 49% interest in the Ikar gold deposit, situated in Tajikistan’s Rushav district.Vangold must pay US$20,000 and 100,000 shares fo…
News
Drill program tests skarn zones at Minoro property in Honduras
Drilling on the Minoro property in Honduras is returning copper-gold values for partners Tombstone Explorations (TSE), Champion Resources (VSE) and Mar-West Resources (VSE).Champion is earning half of…
Santa Fe suffers a first-quarter loss
New York-listed Santa Fe Pacific Gold recorded lower first-quarter earnings than in the same period in 1995 as a result of a 20% drop in production at its Twin Creeks gold mine in northern Nevada.For …
Teck opts out of Galaxy project
Exploration of the Galaxy property, 15 km southwest of Kamloops, B.C., is in a holding pattern following the decision by Teck (TSE) to drop its option on the project.Getchell Resources (VSE) will reta…
Gold-bearing structures found at Amphi
Surface drilling on the East Amphi property near Malartic, Que., continues to identify new gold-bearing structures for Placer Dome (TSE).The company can earn a 51% interest in the property from Breakw…
Northfield continues Macuchi drilling
Drill results from the Macuchi property in Peru have enabled Northfield Minerals (TSE) to confirm a bulk-minable gold zone in the Mercedes mine area.Significant results were returned from surface hole…
BMG signs deal with Washington for Crown Jewel
In an effort to accelerate the permitting process at its Crown Jewel gold project, Battle Mountain Gold (NYSE) has signed a scheduling agreement with the state of Washington.Mine construction is expec…
Meetings (April 29, 1996)
MEETINGSMay 6, Eagle PlainsMay 6, Horseshoe GoldMay 6, Miner RiverMay 6, PlaceMay 7, Band-OreMay 7, CorsairMay 7, GenesisMay 7, Golden KnightMay 7, Holmer GoldMay 7, JonpolMay 7, Lassie Red Lake GoldM…
DIAMOND PAGE — Samples from Diavik pipe confirm grade
The results of an underground bulk sample taken from the A-154 South pipe at the Diavik diamond project continue to confirm an earlier mini-bulk drill sample.The project, situated in the Northwest Ter…
Aur picks up option on Chilean gold property
Vancouver-listed Southern Rio Resources has dealt Aur Resources (TSE) an option to earn 75% of its Patagonia gold property, which straddles the boundary between Chile and Argentina.Aur can earn a 60% …
ASE halts trading of Timbuktu
The Alberta Stock Exchange has halted trading of Timbuktu Gold (ASE) after drill results from its Sitakili property in Mali sent the company’s stock price into orbit.Assays from two of 17 reverse-circ…
FINANCING (April 22, 1996)
Eastmain Resources — 4,050,000 Common Shs and 2,025,000 Common Sh Purchase Wts issuable upon the exercise of Special Wts previously issued.