GeoNova finds new zone at Chevrier
Discovery of a new zone south of the main deposit on the Chevier property near Chibougamau, Que., is expected to boost the project’s resources, reports GeoNova Explorations (GNE-M).Hole 126 intersecte…
News
ODDS’N’SODS — The saga of the Granduc mine
I will never forget the day in 1978 when Treavor Hancock, supervisor of British Columbia’s Granduc copper mine, phoned to tell me that the roof of the mill had collapsed under the weight of ice and sn…
KWG Resources poised to take over Far East Gold
With a little help from its parent company, KWG Resources (KWG-T) has initiated a takeover bid for Far East Gold (FEGI-C).St. Genevieve Resources (SGV-T), the controlling shareholder of both KWG and F…
FACTS & FIQURES — Nevada pulls weight in production
Nevada produced an estimated $3.2 billion in minerals (including petroleum and geothermal energy) in 1995, matching the record set in 1994.It produced 6.8 million oz. gold worth $2.6 billion in 1995, …
PEOPLE –ROYCEFIELD RES.
Philippe DesRosiers appointed director.
PEOPLE –ROYAL ROADS
D. Grenville appointed director.
PEOPLE –RIVER GOLD MINES
Michael Power appointed vice-president of corporate development.
Westmin goes west at Wolverine
Drilling on the Wolverine polymetallic deposit in southeastern Yukon is expanding the mineralized zone to the west, and, moreover, the zone appears to be thickening.Operator Westmin Resources (WMI-T) …
PEOPLE –RICHLODE INVESTMENTS
James Irwin appointed director.
Vedron drills hit gold near Timmins
For Vedron Gold (VDGI-M), Ontario’s Timmins gold camp still has the right stuff.At its wholly owned property in Tisdale Twp., the company is carrying out a 50,000-ft., 40-hole program aimed at testing…
PEOPLE –RICHLAND MINES
Keith Balderson appointed director.
Omni reports initial drill results from Skukum Creek property
Encouraging drill results are reported by Omni Resources (ORI-V) from the first three holes of an expanded program at its Skukum Creek property in the Mount Skukum area of southern Yukon.The 15-hole p…