News

A program aimed at expanding reserves and finding new deposits has begun on Mexico’s La Colorada project. Operator Eldorado (VSE) is earning a 70% interest in the 13-sq.-mile property from Campbell Re…

A final feasibility study will examine the McDonald gold deposit near Lincoln, Mont. Canyon Resources (NASDAQ) has a 27.75% interest in the joint venture, which is operated by senior partner and major…

A unit of Amax Gold (NYSE) will carry out a third phase of exploration on the Robertson gold project in Nevada’s Crescent Valley. Amax has one more year to explore the property and complete a bankable…

Several deep structures will be tested in the first phase of drilling on Trio Gold’s (ASE) Rodeo Creek property on the northern portion of the Carlin Trend in Nevada. The initial holes will be drilled…

Over the past few years, India has undertaken some radical economic changes to liberalize its economy so as to make it more market-responsive. These changes were initiated in the central government’s …

Second-quarter earnings of Royal Oak Mines (TSE) increased to $2.9 million this year from $740,000 in the same period a year ago. The company produced 70,369 oz. gold at a cash cost of US$311 per oz. …

Encouraging gold values have been returned from three holes on Glen Auden Resources’ (CDN) Sewell-Reeve property, southwest of Timmins, Ont. The holes, drilled by Hemlo Gold Mines (TSE), cut a wide se…

With little news from the diamond exploration front and gold drifting just above the US$370 level, market action on the Vancouver Stock Exchange remained relatively quiet. For the report period ended …

Prairie Kimberlite Study — Soil and Till Geochemistry and Mineralogy, Low-density Orientation Survey Traverses, Winnipeg-Calgary-Edmonton-Winnipeg, 1991, Geological Survey of Canada Open File 2685, b…

James Dunnett appointed director.

Richard Bullock appointed director.

Frederick Sharp appointed acting president; David Anfield appointed director.