News

John Reynolds and Donald Head appointed directors.

Bhupinder Herar appointed director.

Ina Cheong and Donald Renshaw appointed directors.

A letter of intent covering development of the Johnson Gulch gold deposit in South Dakota has been entered into by Naneco Resources (ASE) with a third party. The company says it would receive 50% of n…

James Clucas appointed director.

Union employees at the Mission and Silver Bell mines in Arizona, copper smelters at El Paso, Tex., and Hayden, Ariz., and the copper refinery at Amarillo, Tex., ratified recently a new 3-year contract…

Shannon Energy (ASE) advises that it is not involved in a joint venture with Orapro Resources involving exploration for diamonds in Manitoba (T.N.M., July 13/92). Orapro, based in Regina, has been exp…

Michael Callahan appointed director and chief financial officer.

Results from initial bulk sampling of the Siwash North gold deposit in southern British Columbia has property owner Fairfield Minerals (TSE) considering an expansion of its open pit program to 5,000 t…

Montreal-based KWG Resources (ME) recently acquired a 70% interest in a joint venture to explore for diamonds on several patented and unpatented claims that straddle the Quebec-Ontario border near Kir…

Stirred by signs that a new bull market may lie just around the corner, gold bugs are beginning to emerge from a long hibernation. “We are witnessing an end of the 5-year and 12-year bear market for g…

Encouraging results from the Mikwam gold project in the Casa Berardi area of northwestern Quebec have sparked a dispute between equal joint venture partners Trader Resource (TSE) and Hemlo Gold Mines …