Talapoosa gold property now in permitting stage
Permitting work is proceeding at the Talapoosa project in Nevada.Miramar Mining (TSE) acquired the property early this year through a takeover of Athena Gold and has since drilled more than 73,000 ft….
1995
Tan Range starts drilling Tanzanian gold project
Preliminary drilling is under way on the Itetemia gold project in central Tanzania.Tan Range Exploration (ASE), which is earning a 90% interest in the property, is drilling on an anomaly that measures…
South Crofty finances tin mine
A planned private placement of up to 7 million units at $1.30 each will provide South Crofty Holdings (VSE) with funds for upgrading its 70%-owned tin mine in England.The company expects to boost prod…
Claimstaker Res. drilling Blackdome
Drilling is expected to begin on the Blackdome mine property northwest of Clinton, B.C.Claimstaker Resources (VSE) plans to test two areas, identified by surface drilling, for potential oreshoots.The …
BHP Minerals to earn stake in Larder’s Ontario property
A recent agreement with CDN-listed International Larder Minerals sets the stage for BHP Minerals to earn an interest in a northern Ontario property owned by the junior company.BHP has signed a letter …
Index (July 03, 1995)
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Summo Minerals working Colorado copper project
Exploration and definition drilling are under way at the Cashin copper property in Colorado.Initially, Summo Minerals (VSE) plans to drill 25 holes totaling 8,000 ft., the objective of which is to exp…
Fairstar to acquire stake in Casa Berardi gold property
Montreal-listed Fairstar Explorations will acquire OGY Petroleums’ (TSE) 45% interest in the Fenelon gold project in northwestern Quebec.Fairstar will issue 1.5 million of its common shares and 1.5 mi…
Paramount expands holdings in northwestern Argentina
The northwestern tip of Argentina continues to attract Vancouver-based Paramount Ventures & Finance (VSE).The junior can expand its land position in the province of Jujuy — currently about 60,000 hec…
Vancouver refiner looks to restart
Australian-based Golden West Refining will breathe new life into International Nesmont Industrial’s dormant gold refinery in Ladner, B.C.The refinery was shut down last year after brass bars were foun…
Madsen completes financing
A $2.1 million financing was recently completed by Madsen Gold (TSE). The junior plans to use the proceeds to complete the purchase of the Dona Lake mill.The mill will be moved from its current locati…
Eden Roc to double production
For the first six months of 1995, gold production at Eden Roc Mineral’s (TSE) Ivory Coast property is expected to be more than double what it was in the same period last year.Output for the period is …