Northern Crown to drill in Mexico
The public financing of 3.2 million units at $1.20 each will help Northern Crown Mines (VSE) finance work on its Mesa Galindo gold-silver property and Guadalupe gold project in Mexico.Drilling is expe…
News
Meetings (January 29, 1996)
MEETINGSFeb. 6, Challenger — annualFeb. 8, Antilles — annual, generalFeb. 8, Channel — annual, generalFeb. 8, Int’l Brace — annual, generalFeb. 9, Mispec Res. — annual, specialFeb. 10, Founder –…
MINING IN AFRICA — Hemlo Gold sets its sights on West Africa
The Hemlo gold mines of Ontario may well be the richest in Canada, but, as the companies that operate them are well aware, their productive lives will eventually come to an end. And that, in a nutshel…
MINING IN AFRICA — African Minerals sees great potential in continent
The mineral potential of South Africa and Zambia is clearly demonstrated by the numerous, elephant-sized deposits of copper, gold, platinum and diamonds discovered there in the past century.African Mi…
Athabaska tests new zones at Ladner Creek mine property
Underground drilling at the Ladner Creek project, northeast of Hope, B.C., is returning gold values for Athabaska Gold Resources (TSE).The company is outlining sufficient reserves to reopen the existi…
Caretech drills at Thunder Lake
Partners Continental Caretech (CDN) and Teck (TSE) have drilled three deep holes on the Thunder Lake West gold property in northern Ontario.They are the first in a series of widely spaced holes design…
Friedland joins up with Int’l Tournigan
Subject to regulatory approval, Robert Friedland has agreed to act as agent for International Tournigan (VSE) in order to assist in the financing and acquisition of certain overseas mineral properties…
PEOPLE — INLET RES. (January 29, 1996)
Ian Park appointed president; Anwari Arnowo, George Zbitnoff and Harry Hopmeyer appointed directors.
PEOPLE — CONS. RAMROD GOLD (January 29, 1996)
Karl Rollke appointed chairman; Robert Miller appointed president and chief executive officer; Thomas Menning appointed executive vice-president and chief operating officer; Owen Granger appointed sec…
ATC, Inco strike recycling deal
Nickel-bearing waste material from the U.S. is the focus of a recycling deal between Inco and Calgary’s ATC Environmental Group.Beginning in the first quarter, Inco’s smelters in Sudbury, Ont., will r…
Northern Orion firms up property holdings in Cuba and Argentina
With a treasury topped up by proceeds of a $40-million special warrant financing, Northern Orion Explorations (VSE) is in a healthy position to explore its Cuban and Argentine holdings.The junior rece…
Teck intensifies efforts in Panama
As part of its final feasibility work at the Petaquilla property in Panama, Teck (TSE) has started an extensive, infill diamond drilling program on three of the project’s copper-gold deposits.The $4-m…