In a move to diversify into base metals, Tri Origin (TOE-T) has formed a joint venture with Savage International Exploration, a unit of Savage Resources of Australia.The parters will explore Central a…
The rise and fall of Cartaway Resources (CWA-A) after no more than a hint of nickel mineralization was found in core from one of its Labrador properties has definitely dampened the spirits of the scor…
Proceeds of $5.2 million from four private placements will enable Madsen Gold (MGF-T) to reconstruct the former Dona Lake mill in Red Lake, Ont.Madsen may also issue flow-through shares to generate $1…
Gold targets feature prominently in the list of projects being worked by Globex Mining Enterprises (GMX-T). This year, however, the junior acquired two projects where copper is the primary commodity o…
Based on an independent prefeasibility study, the Loma Hierro deposit in western Cuba, is expected to produce 1.5 million oz. silver annually at a cash cost of US$1.85 per oz.The mine, owned by Holmer…
A drill program by Tandem Resources (TDM-M) will investigate a strong conductor at its Labrador Trough nickel-copper prospect, 60 miles northeast of Schefferville, Que.The anomaly is associated with a…
Volcanogenic massive sulphide deposits are being sought in the Finlayson-Wolverine Lake region of southeastern Yukon.This exploration effort was triggered by Cominco’s (CLT-T) 1994 discovery of the Ku…
San Fernando Mining (SNF-T) has granted Chester Millar an option on the Fortuna mine in Durango, Mexico.Millar, who is chairman of Glamis Gold, paid the company US$50,000 for the option. He has until …
Derek Price appointed vice-president of finance and chief financial officer; John Kalmet appointed director, president and chief operating officer.
Janet Waddell appointed secretary-treasurer.
Howard Beck appointed director.
Primary zinc production rose to 98,495 tonnes in March 1996 from 66,464 tonnes in March 1995. Incorrect information appeared in our edition of June 10.
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