Tri Origin drills Straw Lake play
A 2,000-metre drill program is under way at Tri Origin Exploration’s (TSE) Straw Lake gold property, west of Thunder Bay, Ont.The northern half of the 2,135-hectare property is underlain by intrusive …
News
INSIDER TRADING — Senior officers and directors trade Barrick Gold shares
A senior officer and two directors of Barrick Gold (TSE) sold common shares of the company in March.According to the Ontario Securities Commission’s OSC Bulletin, Luis Baertl, senior officer, exercise…
Anglo American studies Venezuelan nickel mine
Having completed a feasibility study on the Loma de Hierro nickel project in Venezuela, Anglo American hopes to work towards development of an open-pit mine.The proposed operation would produce ferro-…
Belore exits United Reef joint venture
Unable to raise additional capital, Belore Mines (ASE) has terminated a joint-venture agreement with United Reef (TSE)concerning two alluvial diamond properties in the Central African Republic.The com…
PEOPLE — GRANGES (May 22, 1995)
Paul Wright appointed vice-president of operations and project development.
Gold Funds (May 22, 1995)
Gold Funds as of May 16BGRCentral .TNet Value$17.25$6.66Price$14.38$6.625 Discount16.65%0.5% Value$134,841,000$119,907,863…
NEWS IN BRIEF (May 22, 1995)
Jericho Resources has changed its name to Regia Resources on a share-for-share basis.
Exall closes rights offering
After having sold 2.5 million units, Exall Resources (TSE) has closed its rights offering.Proceeds from the units, which consisted of one common share and one-half share purchase warrant, totalled $1….
Westmin Resources returns to profitability at Myra Falls
The first quarter of 1995 marked a return to profitability for Westmin Resources (TSE).The company earned $5.25 million on revenue of $31 million during the period. Cashflow from operations jumped to …
Princeton ups Elenita resource
The Elenita oxide copper project in northern Chile is nowestimated to contain an in situ resource of 9.1 million tonnes grading 1.57% copper.Owner Princeton Mining (TSE) arrived at the estimate after …
Adrian makes new discoveries
Drilling on the Petaquilla concession in Panama is turning up some new discoveries for Adrian Resources (TSE).In the Nada area, the company is outlining a semi-massivesulphide zone with values of up t…
Cambior expands Omai gold mine
Definition drilling has enabled Cambior (TSE) and Golden Star Resources (TSE) to boost proven and probable reserves by 13.9 million grams at the Omai gold mine in Guyana.The new material, consisting o…