News


Correction (September 18, 1995)

At the Lady Lina property in Zimbabwe, drilling by Antares Mining & Exploration (TSE) has increased reserves and resources to 2.87 million tonnes averaging 0.149 oz. gold per ton. Incorrect informatio…


Mutual, Golden Knight amend amalgamation

Terms for the proposed merger of Mutual Resources (VSE) and Golden Knight Resources (TSE) have been amended.Mutual shareholders will now receive one Golden Knight common share plus one share purchase …


Copper shortfall is expected

An analysis of worldwide copper mine production has led to the prediction that a million-ton annual shortfall will exist by the year 2000 and that new projects may be brought on stream to compensate f…


Greenstone ups Libertad reserves

Drill results have enabled Greenstone Resources (TSE) to boost reserves at its 75%-owned Libertad gold project in Nicaragua.Geological reserves in the Cerro Mojon area have risen to 920,000 from 275,0…


FreeGold eyes potential of Fairbanks district

In Alaska’s Fairbanks district, field work has begun on ground held by International FreeGold Mineral Development (VSE).Up to 10,000 ft. of reverse-circulation drilling, along with soil auger sampling…



Atlas to buy Doby George project

New York-listed Atlas plans to purchase the Doby George gold project from Independence Mining.Situated in northwestern Nevada, the deposit contains an indicated reserve of 3.7 million tons grading 0.0…


Campbell’s earnings increased

Production from its gold mine in northern Mexico enabled Campbell Resources (TSE) to report higher earnings for the first half of 1995.The Santa Gertrudis mine contributed 23,900 oz., while the Joe Ma…


More ore possible at Box mine

Drill results at the former Box gold mine in northern Saskatchewan indicate the presence of additional mineralization at depth, and owner Greater Lenora Resources (TSE) expects reserves to increase as…


REGULAR DEPARTMENTS (September 11, 1995)

Careers12-14Classified Advertising15Diamond News6Diamond Drillers19Dividend6Earnings14Editorials4Insider Trading18Investment Commentary18Metal Prices10Odds’n’Sods4People15Professional Dire…


Labrador News Roundup — Dentonia working claims

Groundwork is under way on four claim blocks 40 km northwest of the Voisey Bay discovery in Labrador.Consolidated Brenzac Resources (VSE) and Dragoon Resources (VSE) are each earning a 25% interest in…


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