Soquem, Tiomin work North Shore
The Annic joint venture, an equal partnership between Tiomin Resources (ME) and Quebec Crown corporation Soquem, has acquired 53 sq. km on the North Shore of the Gulf of St. Lawrence in Quebec.The joi…
News
Symposium focused on emerging mining markets
The more than 200 delegates who attended the Global Mining Opportunities Symposium in Toronto got a taste of how exploration and development work is taking shape in the world’s emerging mining markets…
Greenshield prepares to drill in Labrador
Having completed an airborne magnetic-electromagnetic survey on its Labrador claims, Greenshield Resources (CDN) is carrying out additional geophysical work in preparation for drilling.The company hol…
Drilling resumes at the Clinton project
In a move to increase its reserves to at least 5 million tons, New Goldcore Ventures (ME) has resumed drilling on the Clinton copper-zinc project in Quebec.Situated in the Eastern Townships, the prope…
PEOPLE — RIO ALGOM (February 12, 1996)
L. Reinertson to be appointed president and chief exectutive officer.
PEOPLE — PACIFIC AMBER
James Billingsley appointed director.
PEOPLE — NORTHGATE
Terrence Lyons appointed president and chief executive officer.
KWG backs Cuban project of Joutel
Toronto-listed KWG Resources will buy 8 million units of Joutel Resources (TSE) at 40 cents per unit, for proceeds of $3.2 million.Each unit in the private placement consists of one subordinate voting…
PEOPLE — INT’L TME RES.
John Wark appointed vice-president of exploration.
Alta discovers more gold at Kinsley mine in Nevada
Not only has drilling confirmed the existence of more gold at the Kinsley mine of Alta Gold (NASDAQ); the new mineralized system may represent the most significant gold find in eastern Nevada in recen…
PEOPLE — FARALLON RES. (February 12, 1996)
Robert Hunter appointed chairman and director; J. Villagran Ochoa appointed vice-chairman and director; Robert Dickinson appointed chief executive officer and director; David Jennings appointed presid…
Crown takes greater share in Solitario Res.
Toronto-listed Crown Resources has acquired, through a private placement, another piece of Solitario Resources (TSE).Crown paid $3.6 million to buy 1.57 million units of the smaller company at $2.31 p…