Work continues on Wrightbar’s Quebec ground
Vancouver-listed Charlim Explorations has discovered two gold zones on the Bourlamaque Twp. property of Wrightbar Mines (ME). Charlim is earning a half interest in the gold property by paying Wrightba…
News
Hemlo drilling Sagar-III property
Producer Hemlo Gold Mines (TSE) has started drilling on the Sagar-III property in the Labrador Trough region of northeastern Quebec. The company hopes to identify the source of gold- and uranium-rich …
Perron honored
The chief executive officer of Deak Resources, Alex Perron, received a gift from Nova Scotia at the recent PDAC convention in Toronto. The gift is a hand-painted 18-inch china plate edged with 24-cara…
Drilling boosts La Fortuna project
Recent drilling has left San Fernando Mining (VSE) confident that it can prove up a significant gold-silver-copper deposit on its La Fortuna mine project in Mexico. The road-accessible property is in …
PEOPLE (March 21, 1994)
PACIFIC MARINER EXPLORATIONS — Larry McLean appointed director.
GOLD FUNDS (March 21, 1994)
BGR Central Net Value $17.03 $6.68 Price $15.75 $7.250 Premium 8.5% Discount 7.54% Value $138,401,000 $131,219,925…
Claude resumes trading on ASE
Having restructured financially, Claude Resources has resumed trading on the Alberta Stock Exchange. Its core asset, the Seabee gold mine, continues to produce more than the design capacity of 400 ton…
NEWS IN BRIEF (March 21, 1994)
Pacific Northern Ventures (PNV:VSE) has changed its name to Pacific International Hardwoods on a share-for-share basis.
Canarc drilling at Guarimba property
Junior Canarc Resource (VSE) has finished an initial phase of exploration on nine properties in southeastern Venezuela. The Guarimba property is the most advanced of these and is held under option to …
Takla options more Nevada ground
Junior Takla Star (ASE) and Uranerz USA have signed a second joint-venture agreement, which will enable the former to explore an additional 10,320 acres in Nevada’s Crescent Valley. Takla can acquire …
Ramrod branches to Honduras
A letter of intent gives Consolidated Ramrod Gold (TSE) the right to acquire a 51% interest in Aurora Exploration, a Honduran company. Aurora has been exploring for precious and base metals in Hondura…
LAST BUT NOT LEAST — Aabbax to acquire gold partnership
Vancouver-listed Aabbax International Financial plans to buy the Big Nugget gold mining partnership (BNP) of Toronto. The company will pay 2 million warrants exercisable at 75cents for one year and 3 …