AGC zeroes in on Finn zone at JD play
Exploration drilling is in full swing on the JD gold-silver property in the Toodoggone River area of north-central British Columbia.AGC Americas Gold (VSE), which has budgeted a $3-million program, is…
News
NEWS IN BRIEF (September 04, 1995)
Amarado Resources (ADC:VSE) has changed its name to AfriOre Limited (AFO:VSE) on a 1-new-for-2.5-old-share basis.
ODDS’N’SODS — A river runs through it (September 04, 1995)
Reading the recent Odds `n’ Sods article about the Quirke mine flood of 1956 (T.N.M., Aug. 14/95) brought back a “flood” of memories of yet another water inflow at the Elliot Lake operation, some 33 y…
Rayrock companies show losses for half-year (September 04, 1995)
Six-month losses have been reported for Rayrock Yellowknife Resources (TSE) and subsidiary Minera Rayrock (TSE).The former reported a loss of US$907,000 for the first half of 1995, compared with earni…
PRODUCER PRICES (September 04, 1995)
ALUMINUM: MW U.S. market US87.5 cents-88.5 cents per lb. (August 24, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.75-3.85 per lb. (August 24…
Etruscan exploring 3 zones on Koma Bangou property (September 04, 1995)
Etruscan Enterprises (VSE) is intensifying drilling at its Koma Bangou gold property in Niger, West Africa.The company is using two diamond drills, one reverse-circulation drill and a truck-mounted au…
Armada revises Siberian reserve (September 04, 1995)
Armada Gold (ASE) has calculated new reserve figures for the Taseevskoye gold deposit in southeastern Siberia, following reviews of a prefeasibility study.Australian geostatistical consulting firm Geo…
COMMENTARY — Investing in multiple land use (September 04, 1995)
From the prospecting stage to mine reclamation, the mining industry is dedicated to responsible land use. Reaching common ground among mining companies, native groups, environmental groups and individ…
Loki funds Brewery Creek (September 04, 1995)
Financing is at hand for the Brewery Creek gold project in the Yukon.Project owner Loki Gold (TSE) has formed an underwriting group to raise $25 million in equity financing. Pricing on the issue has n…
PEOPLE — WESTERN PREMIUM (September 04, 1995)
Murray Pezim appointed chairman; Naren Majithia and Basil Pantages appointed directors.
PEOPLE — STELLAR GOLD (September 04, 1995)
Ernesto Cruz appointed vice-president of exploration.
PEOPLE — GREENSTONE RES. (September 04, 1995)
Hugh Snyder appointed chairman and chief executive officer.