1994

Bulk sampling, as well as more exploration and development, is planned for the Beaufor gold project 16 miles northeast of Val d’Or, Que. The bulk sampling, say 50-50 partners Louvem Mines (TSE) and Au…

By acquiring all outstanding shares of Ecuadorian resource company Square Valley, Startigan (ASE) has assumed ownership of two gold projects in the foothills of the Andes. The Gaby property, 85 miles …

Peat Resources (CDN), a company with plans for a peat fuel processing plant, says Ontario Hydro will participate in a formal review of the technical and economic aspects of Canada’s sustainable peat f…

Junior Montrose Gold Resources (CDN) has ended its option agreement with Falcon Point Resources (ASE). The agreement covered the Montrose Twp. gold property in northeastern Ontario. Montrose decided n…

Robert Kendrick and Rodney Duncan appointed directors.

Glenn Rochon appointed president.

James Clubb and Martin Hubble appointed directors; Brian Sutton appointed vice-president and chief financial officer.

After three years of continuous losses, Atlas (NYSE) has adopted a plan to lift itself out of the red in fiscal 1994. The turnaround strategy is being implemented by a new management team headed by St…

C. Clark appointed executive vice-president and chief financial officer.

Further trenching on the Kaburi-Eldorado project in Guyana has returned more high-grade gold values. Cathedral Gold (TSE) is earning up to a 90% interest in the property which is 20 miles northwest of…

At a time when its reputation is being seriously damaged by claims of financial mismanagement, the Ontario Workers Compensation Board (WCB) is sending a mixed message to the provinces mining sector. A…

Infill drilling by Crown Butte Resources (TSE) has added 28,000 oz. gold to underground geological reserves at the New World project in Montana. The summer program, consisting of 16 surface holes tota…