News


Argosy drops Dunka Road prospect

Argosy Mining (VSE) has dropped its option on the Dunka Road copper-nickel deposit in Minnesota in favor of advancing its epithermal deposits in Central Europe.The company held an option to earn a 60%…


Partners expand near Musselwhite

The owners of the Musselwhite gold property have taken an option on adjacent properties owned by Pangea Goldfields (TSE).Placer Dome (TSE) and TVX Gold (TSE) can earn up to a 75% interest in Pangea’s …


Denison shareholders approve stock plan

Three special shareholder meetings in December, 1995, resulted in the approval of a new plan of arrangement for Denison Mines (TSE).The plan, which received near-unanimous approval, involves issuing n…


Deep drilling tests War Baby property

A deep-hole drill program is under way on the War Baby property in downtown Flin Flon, Man.Owner Consolidated Callinan Flin Flon Mines (VSE) is testing the premise that its strategically situated prop…


Coeur to acquire gold producer

Coeur d’Alene Mines (NYSE) recently acquired an option to earn a 20% interest in Australian-based Gasgoyne Gold Mines and is now planning to make a takeover bid for all that company’s issued shares.Am…


Gold mineralization intersected at Winteroad

Two drill holes at the Winteroad property of Patrician Gold Mines (ASE), east of Matheson, Ont., have intersected gold mineralization in quartz-carbonate veins.The highest-grade intersection in hole Q…


EDITORIAL PAGE — The next Russian revolution

Long before Mikhail Gorbachev introduced reforms that changed the political and economic structures of Russia and the former Soviet Union, there existed a nostalgia for the order and structure that ep…


Murgor continues work in Barry Twp.

In Ontario, diamond drilling is under way on the Barry Twp. property of Murgor Resources (VSE).The first phase of the winter program consists of systematic, shallow drilling of the gold showing, where…


Canyon gains gold property in Brazil

Canyon Resources (NASDAQ) has extended its option on several mineral concessions in Brazil’s eastern Amazon region.The decision follows the acquisition, by Toronto-listed Golden Star Resources, of a 1…




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