Texas T explores in Chihuahua
Texas T Resources (TXT-V) will acquire a half interst in a group of claims in the Sierra Madre region of Mexico’s Chihuahua state.In return, Texas T will pay US$150,000 in cash to Visionary Mining (VI…
News
NEWS IN BRIEF (October 06, 1997)
Santa Fe Pacific Gold (GLD-N) merged into Newmont Mining (NEM-N) on basis of 1 Santa Fe Pacific Gold share for 0.43 Newmont Mining share. Newmont Mining transferred all properties of Santa Fe Pacific …
GEOLOGY 101 — Placer gold deposits, Pt. 1
Placer gold deposits form as a result of the breakdown and weathering of existing gold concentrations, erosion of the weathered material and, ultimately, the concentration of that material at a variab…
PEOPLE – OROGRANDE
David Mason appointed chairman.
PEOPLE – ROYALSTAR (October 06, 1997)
P. Rhatigan, John Hick, Peter Stokes and Helmut Wober elected directors.
PEOPLE — MIRAGE
John Ivany appointed president; Gordon McCreary appointed vp of investor relations.
PEOPLE — INT’L CROESUS (October 06, 1997)
Daryl Hoffman appointed president; Brian Hall and Michael Townsend elected directors.
Atlantic CIM to host meeting
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will host a conference on exploration in the Maritimes.The meeting, entitled “Rediscovering Atlantic Canada,” …
GOLD FUNDS (October 06, 1997)
Gold Funds as of September 25, 1997BGRCentralNet Value$18.10$5.69Price$13.85…
CAG cuts gold at Novodneprovskoe
Central Asia Goldfields (CGZ-M) has released drill results from three holes collared at its Novodneprovskoe gold property in Kazakstan.Hole 1 intersected 14.8 metres (from 132.6 to 147.4 metres) gradi…
PEOPLE — ROYAL OAK (October 06, 1997)
Edmund Szol appointed executive vp and COO.
PEOPLE — RIOSUN
Ken Hughes appointed director.