Vista Gold (VGZ-T) will begin drilling its Guariche gold property in Venezuela next month in an attempt to confirm proven and probable reserves.The resource at the Triunfo 1 concession, within the 25-…
Solid information on the disappearance of Michael de Guzman, project manager of Bre-X Minerals’ (BXM-T) Busang gold deposit, is still not available.Guzman apparently committed suicide on March 18 by j…
Bre-X Minerals disclosed these drill hole results from due-diligence investigations by Freeport-McMoRan at the Busang gold project:HoleInterval(m)Bre-X Go…
Mohamed Verjee and Karim Nanji appointed directors.
Wednesday, April 2, 1997Price (US)Week’s ChangeGold*$350.70+ $3.90Silver*$ 4.98…
A follow-up exploration program by Impact Minerals (IPT-V) is testing the Eagle Mountain gold property, some 45 km from Cambior’s Omai gold mine in central Guyana.The program is being funded by Calgar…
Toronto-based Breckenridge Minerals (BREK-C) has signed a joint-Venture agreement allowing an Ontario numbered company to earn a 25% interest in the Palmarejo silver project in Chihuahua state, Mexico…
Vancouver-based Fremont Gold (FGLD-Q.OTC) is encouraged by results from preliminary drilling on the Resguardo gold project in northern Chile.Highlights include: hole 97-3, which encountered 21 metres …
Eastfield Resources (ETF-V) plans to spin off its Canadian properties into a new company.Under the plan, shareholders will exchange one Eastfield share for one New Eastfield share and one share in the…
The George Lake gold project in the Northwest Territories is shaping up for a possible 1998 production start.Arauco Resources (ARU-T) has released a prefeasibility study that indicates production of 1…
Piet Yap elected director.
Whitehorse, Y.T.-based BYG Natural Resources (BYG-T) plans to acquire a controlling position in Vancouver-based YGC Resources (YGC-V) for $2.3 million.The deal would see BYG acquire Wheaton River Mine…
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