Having drilled 52 holes totalling 85,000 ft., Sudbury Contact Mines (TSE) will carry out more surface drilling and then begin underground exploration on its Victoria Creek gold deposit near Kirkland L…
For the first 11 months in 1994, Cambiex Exploration (ME) spent more than $4.4 million exploring most of its 17 properties in Canada, the U.S. and South America. Several of the programs yielded encour…
Additional sampling by Fortune Minerals (CDN) on its NICO polymetallic property near Yellowknife, N.W.T., has yielded encouraging results. While staking additional ground, Fortune collected chip sampl…
A 7,000-ft. diamond drill program is to begin shortly on Goldbrook Explorations’ (ASE) Onaman River base metal property near Jellicoe, Ont. Goldbrook will be project operator, while TNK Resources (CDN…
Reconnaissance work has led Montreal-listed partners Fairstar Explorations and Nora Exploration to acquire the Benso concession in south-central Ghana. The 58-sq.-mile property, which contains several…
Provided funding can be arranged, Aquaterre Mineral Development (VSE) plans to spend $1.8 million on its properties near Stewart, B.C., in 1995. The bulk of the funds are earmarked for the Georgia Riv…
Cream Silver Mines (CEM:VSE) has changed its name to Cream Minerals (CMA:VSE) on a 1-new-for-5-old-share basis.
A stock repurchase program in which up to 300,000 common shares of USMX (NYSE) were to be acquired has been extended. The program was to have expired Dec. 31, 1994, but was extended until March 31, 19…
Nova Scotia-based Mispec Resources (ME) has completed a private placement of 1.5 million units priced at 25 cents each. Maximum proceeds of $375,000 will be used to finance winter drilling on the Cape…
Thomas Kelly appointed president and chief operating officer.
Gilles Fiset elected director and president; E. Mondlanc elected chairman and director; A. Chakrabarti elected managing director and chief executive officer; A. Kates elected deputy chairman and direc…
Francis O’Kelly appointed director.
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