A mood of optimism crept back into western markets as the Vancouver Stock Exchange composite index reversed its downward trend over the report period ended Aug. 6, to finish up 33.27 points at 1,132.9…
Eldorado (ELD-T) has discovered a new gold zone at the Sao Bento mine in Brazil’s Minas Gerais state.The Pinta Bem discovery hole returned 0.52 oz. per ton over 8 ft. and 0.47 oz. over 4 ft. Additiona…
In British Columbia, 68 prospectors have qualified for grants under the province’s Prospectors’ Assistance Program.With a budget of $500,000, the program provides recipients with up to $10,000 per yea…
Teck (TEK-T) has reached an agreement with Luxembourg-based Minorco to acquire a 60% interest in exploration properties in northern Chile. These include the Lobo and Marte gold properties, which are e…
In our coverage of the proposed merger between Royalstar Resources (RYQ-V) and Attwood Gold (ATW-V) (T.N.M., July 22/96), the 1.3-million oz. resource at the Tonkin Springs gold deposit was incorrectl…
Prime Resources Group (PRU-T) has completed 17 surface drill holes at the Eskay Creek mine property near Stewart, B.C., testing the boundaries of the Northeast Extension (NEX) and Hanging Wall (HW) zo…
Ivan Bishko and Michael Pick appointed directors.INT’L PBXPaul Marshall appointed director.
A minimum 5,000-ft. drill program is set to begin at the Giant Copper property in southern British Columbia.Owner Imperial Metals (IPM-T) intends to increase the near-surface tonnage of the AM zone, w…
Drilling is under way at two Indonesian projects owned by Bresea Resources (BSR-M) and Diadem Resources (DIR-M).The projects are on a 579-sq.-km property on Belitung Island, situated between Sumatra a…
Wayne Murdy appointed executive vice-president; John Dow appointed senior vice-president of exploration.
David Shaw appointed director.
Lawrence Barr appointed president and director; Lynn Evoy and Allen Schwabe appointed directors.
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