News

Maple Resource Corp. (MRZ:VSE) has changed its name to Birchwood Ventures Ltd. (BIR:VSE) with a consolidation of capital on a 1-new-for-4.4-old-share basis. The transfer agent is Montreal Trust.

With the recent completion of an 8-hole drilling program on the Keystone project in South Dakota, Cyprus Minerals (NYSE) has opted to drop its option. Cypress could earn a 50% interest in the property…

Projected rates of asbestos-linked disease in the U.S. were grossly exaggerated, says the president of the Asbestos Institute of Montreal. Michel Gratton was responding to the publication of several s…

An option agreement to acquire a 100% leasehold interest in the Sawyer mine property in Randolph Cty., N.C., from Carolina Mines has been entered into by Minefinders (VSE). A multi-year schedule of pa…

Herman Becker-Fluegel and Michael Coulter, two officers of United Reef Petroleums (TSE), sold a large block of their holdings in the diamond explorer in September, according to the Ontario Securities …

Battling against a hostile environment, a remote location and ho-hum metal prices, Falconbridge is now viewing its 100% owned Raglan property in northern Quebec with fresh enthusiasm. A 4-year explora…

Former Chutine Resources (VSE) president Peter Holmes and Exall Resources (TSE) President Stephen Roman have joined forces to tackle projects in Mexico and Guyana. “I saw Stephen Roman at the PDAC (Pr…

We have received numerous phone calls after you published erraneous information about Ile Bizard, just outside of Montreal (T.N.M., Oct. 5/92). Please be advised that Quebec’s Ministry of Energy and R…

The exercise of warrants attached to a public offering in the summer of 1991 netted Viceroy Resource (TSE) more than $4.5 million and increased the company’s working capital to over $14 million. The c…

The Bridge River area, about 100 miles north of Vancouver, was once one of the most prolific mining areas in Western Canada. Placer gold was originally discovered in the area in 1863 with the two majo…

To help finance its $147.8-million share of the development costs for the Louvicourt base metal deposit near Val d’Or, Que., Societe Miniere Louvem (TSE) will issue a $45-million rights offering to al…

Infill drilling at the Komis deposit near La Ronge, Sask., has returned high-grade gold values over widths of up to 42.6 ft., says owner Waddy Lake Resources (TSE). The recently completed 20-hole prog…