Dakota bullish on Stibnite’s potential
Drilling has intersected gold mineralization at the Stibnite mine near Yellow Pine, Idaho.Dakota Mining (TSE) reports that 8,000 ft. of reverse-circulation drilling cut mineralization over a strike le…
News
NEWS IN BRIEF (December 11, 1995)
Lasir Gold Industries Inc. (LAI:VSE) has changed its name to First Fortune Investments Inc. (FRF:VSE) on a 1-new-sh-for-10-old-shs basis.
Diabior, Virginia sample gold showings
Surface sampling of two showings at the Eastmain West property, 300 km northwest of Chibougamau, Que., has confirmed suspected widths and grades for property owners Diabior Explorations (ME) and Virgi…
Noranda and Abcourt rework Vendome deal
Noranda (TSE) and Abcourt Mines (ME) have reworked their agreement regarding the Vendome property near Val d’Or, Que.The property consists of seven lots and six half-lots in Fiedmont Twp., together wi…
Ecuadorian Minerals resumes drilling program at Gaby property
Drilling has resumed at the Gaby gold property, 70 km southeast of Guyaquil, Ecuador, and operator Ecuadorian Minerals (TSE) plans to determine grades and tonnages for prefeasibility work.Ecuadorian e…
Glimmer cancels buyout plans
Time ran out for Glimmer Resources (VSE) in its attempt to find financing for the purchase of Hemlo Gold Mines’ (TSE) interest in the Hislop-Beatty property near Matheson, Ont.The property has a gold …
Marshall sells deposit to Breakwater Res.
Toronto-listed Marshall Minerals has sold its Restigouche base metal deposit near Bathurst, N.B., to Breakwater Resources (TSE) for $3.5 million.Breakwater will issue 1.5 million common shares to Mars…
Madsen raises funds for Red Lake work
Madsen Gold (TSE) has raised more than $400,000 in two private placements.The placements comprise a total of 340,000 units, each of which consists of one common share and one common share purchase war…
PEOPLE –GHANA GOLDFIELDS
Ian Brodie and J. Douglas appointed directors.
COMMENTARY — MPs pledge support for mining
Federal members of Parliament have made an important step towards addressing the concerns of the Canadian mining industry. In early November, the House of Commons adopted Motion 292, which states that…
ConSil sells mine
Consolidated Silver, which trades over-the-counter in Spokane, Wash., will sell its Silver Summit mine in northern Idaho to Sunshine Mining & Refining.In addition, the company will change its name to …
Metallica sizes up Cerro San Pedro
The drills have stopped turning at the central Mendez zone of the Cerro San Pedro gold-silver deposit near San Luis Potosi, Mexico, allowing owner Metallica Resources (TSE) to estimate grade and tonna…