News

NEWS ROUNDUP — Sleeping Giant potential improves

Joint-venture partners Aurizon Mines (VSE) and Cambior (TSE) believe results from the first six holes at the Sleeping Giant gold mine have the potential to increase minable reserves. Drilling below th…


Greenstone develops Santa Rosa gold mine

With a keen interest in developing gold mines in the district, Greenstone Resources (TSE) has decided to start up its second Latin American producer. The wholly owned Santa Rosa mine in Panama is to b…





NEWS ROUNDUP — Nora exploring Ghana concession

Partners Nora Exploration (ME) and Consolidated Manus Industries (VSE) have begun field work on their Kade diamond and gold concession in Ghana, West Africa. The property comprises 41.55 sq. km in the…



Correction (March 28, 1994)

Colorado-based Horizon Resources (NASDAQ), which operated the Buffalo Valley heap-leach gold project in Nevada from 1987 to 1990 under the name Horizon Gold (T.N.M., March 7/94), returned the lease to…


NEWS IN BRIEF (March 28, 1994)

Severide Resources (SVE:VSE) has changed its name to Severide Environmental Industries on a share-for-share basis. It is no longer involved in mining.


Cadre lands Venezuelan ground

In return for quarterly payments of US$50,000, to a total of US$200,000 plus 100,000 common shares, Cadre Resources (VSE) can acquire the Venezuelan property known as El Encanto. Situated in the Marwa…


Orvana expands Bolivian activities

An agreement for joint exploration in Bolivia has been negotiated by Orvana Minerals (TSE) and its Bolivian partners, Empresa Minera Unificada S.A. (EMUSA) and Merwin Bernstein. The agreement includes…


MacDonald Mines secures financing

A numbered Ontario company has agreed to underwrite private placements of MacDonald Mines Exploration (CDN). The placements will be in the form of treasury shares and warrants and will be worth up to …


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