Goldteck drills Chile placer bet
A drilling program is under way on Goldteck Mines’ (TSE) placer concessions in southern Chile where two rigs have completed 50 holes in this year’s US$250,000 program. Goldteck says its initial effort…
1990
Greenstone, Boliden drilling Panama bet
A 128,000-ft. drilling program has started on the Santa Rosa gold property of Greenstone Resources (TSE) and Boliden International in central Panama. The joint venture is held 51% by Boliden and 49% b…
Stratmin, Cal Graphite first of new graphite producers
With limited production to its name and a sporadic history over 150 years, Canadian graphite is at last finding its feet. All the new production capacity is based in the Grenville geological province …
Durvada vends Nevada property
An agreement has been signed between Durvada Resources (ASE) and Crimson Star (VSE) to develop Durvada’s gold heap leach property in southwestern Nevada. Crimson Star can earn a 50% interest in the Ye…
Chile considers flow-through plan
A recent Canadian government report says at least six countries in South and Central America are making serious efforts to attract additional mineral exploration. For example, the report says, Chile h…
Jordex buying stake in Bolivian project
Jordex Resources (VSE) has finalized an agreement with Compania Minera Tiwanacu of Bolivia to earn a 50% interest in the latter company’s base and precious metal properties in South America. The compa…
Encouraging results from Greenstone’s B.C. gold property
Joint venture partners Dragoon Resources (VSE) and Greenstone Resources (TSE) have intersected some encouraging gold values on their property 25 miles south of Cranbrook, B.C. The best intersections f…
Ontario anticipates stiffer regulations for mine closure- Mining
The recent Equity Silver situation in British Columbia has no doubt raised concern abou th futur elsewher i th country Th Britis Columbi governmen wa reporte t b considerin closur bon twic th amoun Eq…
NO HEADLINE (November 26, 1990)
TEXT: Nations would ban Antarctic mining The proposed creation of a world park in Antarctica received a boost recently when the U.S. agreed to ban U.S. mining in the southern continent and Britain in…
Minnova identifies new gold targets
Minnova (TSE) plans to begin a 10-hole drill program next January on the company’s 9,500-acre claim group in the Rouyn-Noranda camp of northern Quebec. Golden Briar Mines (ME) retains a 10% cash flow …
COATS (over-the-counter) Manor makes waves
Newly formed Manor Resources burst on to the exchange this week, taking the volume lead with over 200,000 shares. Opening at $1, Manor picked up 18 cents during the week ended Nov. 20 to close at $1.1…
News In Brief (November 26, 1990)
Visible Gold Inc. (VIG:VSE) has changed its name to Lansing Enterprises Inc. (LEI:VSE) with a consolidation of capital on a 1- new-for-3-old-share basis. The transfer agent is National Trust.