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EXPLORATION – GeoNova, Inmet revise Chevrier deal

GeoNova Explorations (GNE-M) and Inmet Mining (IMN-T) have reworked a 1995 agreement which provided the former with an option to acquire the latter’s Chevrier gold project near Chibougamau, Que.Under …


EXPLORATION – Buchans River hits VMS zone

Buchans River (BUV-A) has intersected massive sulphides at its Barasway de Cerf property in southern Newfoundland.The best intersection from the 3-hole program returned a weighted average grade of 4.6…


No place like home for Eastmain Resources

The notion that the grass is always greener on the other side of the globe has found little favor with Eastmain Resources (ER-T), a Toronto-based company exploring for gold and base metal deposits in …


First Dynasty finds investor

Twin Star Holdings, part of the Sterlite group, has agreed to make a major investment in First Dynasty Mines (FDM-T), subject to due diligence and necessary approvals.The Sterlite group produces and p…



DIAMOND PAGE — K-14 diamond grade falls short

Diamond grades from the long-awaited processing of the K-14 bulk sample have proved disappointing for Ashton Mining of Canada (ACA-T).A 479-tonne sample collected by reverse-circulation (RC) drilling …


EXPLORATION – Marchmont moves into Eritrea

Calgary-based Marchmont Gold (MHM-A) has signed a letter-of-intent to purchase, in exchange for shares, a private company that has a majority stake in four gold properties in Eritrea The contract woul…


Companies (November 30, 1998)

C SECTIONAltius MineralsAnglo AmericanArca ExplorationsArgentina GoldAurizon MinesAvalon VenturesBarrick GoldBattle Mountain CanadaBattle Mountain GoldBillitonBoreal ExplorationBuchans Rive…



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