News


Glamis’ bid for Eldorado dead

Some two months after first taking a run at Eldorado (TSE), Glamis Gold (TSE) has allowed its takeover bid for the company to expire.Glamis, which was offering $1.50 in cash plus 0.47 of a common shar…


Rayrock completes mine plan for Daisey

A final mine plan has established a minable reserve of 11.4 million tons grading 0.018 oz. gold per ton for the Secret Pass gold deposit.The deposit is part of the Daisy gold project near Beatty, Nev….




USMX encouraged at Illinois Creek

With the summer field season in full gear, USMX (NASDAQ) is enjoying some success at its Illinois Creek project in Alaska.A recent angle hole, 95-24, intersected 35 ft. (true thickness) grading 0.88 o…


Birchwood seeks base metals

Having concluded agreements to acquire interests in three properties in Quebec and Norway, Birchwood Ventures (VSE) intends to begin its international search for base metal deposits.In Norway, Birchwo…


PEOPLE — JNR RES.

Dale Hoffman appointed president and director; T. Parker, Geoffrey Vantreight and Beverley Hoffman appointed directors.



Noranda to test SX-EW at Gaspe

Solvent extraction-electrowinning technology (SX-EW) will be applied to stockpiled copper oxide ores at Noranda’s (TSE) Gasp mine in Quebec.The company will spend $4 million constructing a pilot plan…


PEOPLE — DUNLAP

Murray Sinclair, John Hite, David De Witt, Ian Wright and Maureen Luck appointed directors.



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