1995

Mines ministers agree on need to reduce red tape

The 52nd annual conference of mines ministers, held recently in Saskatoon, Sask., bore uncommon fruit this year: agreement between the ministers and industry representatives on the need to cut regulat…


Golden Tag options Red Lake claims

Options on two blocks of claims near Red Lake, Ont., have been taken by Golden Tag Resources (VSE).The first, a block of eight claims in Dome Twp., covers the northern tip of McKenzie Island and the s…


Nelson Gold advancing Tajik project

For companies operating in the former Soviet Union, good advice is precious. Recognizing this, Nelson Gold (TSE) has engaged International Finance Corporation to provide financial consulting services …


Antares to mill Lady Lina ore

With positive results in hand from an initial feasibility study on its Lady Lina gold property in Zimbabwe, Antares Mining and Exploration (TSE) intends to begin processing ore at the adjacent Vubachi…


Lithos sees more reserve potential at Wrightbar

New reserve figures are likely to come from planned exploration drilling at the Wrightbar mine near Val d’Or, Que. Owner Lithos (ME), which dewatered the workings at the former producing mine last win…


Waddy Lake and Golden Rule agree on merger terms

The boards of directors of Waddy Lake Resources (TSE) and Golden Rule Resources (TSE) have agreed on a share exchange that will see the two companies merge.Golden Rule, through its wholly owned unit G…


La Teko lands partners for Ryan Lode mine

With an attractive reserve figure at the Ryan Lode gold mine near Fairbanks, Alaska, La Teko Resources (NASDAQ) has granted an option to two small companies in an effort to reopen the operation.The co…



Correction (September 25, 1995)

Assays on drill cores from the Box gold mine of Greater Lenora Resources (TSE) ranged from 0.79 gram gold per tonne over 35 metres to 4.32 grams over 38 metres. Incorrect information appeared in our S…


MOST ACTIVE ISSUES, SEPT. 6-12

Exchg Vol(000s)HighLowCloseChange Atna Res V7574355190335+140TVX Gold Inc T5149$10 3/89 5/810 1/4+1/2Asia Pac Res T3789$5 1/84 1/85 1/8+7/8Bl Swan Gld MnT3435341631+ …




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