Drilling continues to yield encouraging results for partners Sharpe Energy & Resources (VSE) and Freewest Resources Canada (TSE) on their Wisconsin Massive Sulphide program. The latest results come fr…
Reverse-circulation drilling by Channel Resources (VSE) continues to test targets on the company’s land holdings in Burkina Faso, West Africa. The 106 holes drilled to date intersected significant gol…
Construction is under way at the Minahasa gold project on the northern Indonesian island of Sulawesi. Newmont Gold (NYSE), which owns 80% of the venture, expects to begin production in early 1996 at a…
An option agreement enables Canadian Mining Resources (ASE) to gain a stake in the Lynx Lake gold property held by Leeward Capital (VSE). Canadian can earn a 40% working interest by issuing 50,000 sha…
A deal has been signed enabling Aronos Multinational (CDN) to acquire three claims in Mexico’s Sonora state. The vendor will retain a 2% net smelter return royalty. The 448-hectare property, known as …
Under a joint-venture agreement, Westmin Resources (TSE) can earn a 60% interest in the Foot, Pak and Toe properties in the Yukon. It can do so by spending $3 million and making certain cash payments …
A 160-lb. bulk sample collected from a structure on Minefinders’ (VSE) Lista Negra property in Mexico’s Sonora state has yielded significant silver values. The average grade of the sample was 8.6 oz. …
Not all junior companies have headed off to exotic foreign destinations to find their next gold discoveries. International Larder Minerals (CDN) is of the view that Canada’s historic gold mining camps…
With a one-for-five roll-back now behind it, Cream Minerals (VSE), formerly known as Cream Silver Mines, is ready to start anew. The company recently arranged a private placement of 400,000 units at 3…
Reverse-circulation drilling has wound down on Dakota Mining’s (TSE) Gilt Edge gold mine near Deadwood, S.D. The 9,475-ft. program was aimed at extending the Anchor Hill orebody. As of December, 1993,…
A Mongolian state-controlled corporation is joining forces with Mongolian Gold Resources (VSE) to form the Bumbat joint venture. Its objective will be to explore for and develop gold projects. Mongoli…
Two New York-listed companies — Asarco and Coeur d’Alene Mines — have combined certain assets, thereby forming a new company. The new entity, known as Silver Valley Resources, holds the fully develo…
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