Cash delays issuing share dividend
A share distribution by Cash Resources (VSE) is on hold pending further developments at its Division Mountain coal project.Cash has been working to develop a thermal coal deposit at the property, whic…
News
Joutel unit offering completed
A $2.7-million offering will provide funds for continued work on the Cuban exploration projects of Joutel Resources (TSE).Slightly more than 8.6 million units were placed. Teck (TSE) had already agree…
Meetings (August 14, 1995)
MEETINGSAug. 21, Asia-PacificAug. 21, AstonAug. 21, Golden HemlockAug. 21, DonnerAug. 21, PalaceAug. 22, AmigoAug. 22, ChastelAug. 22, EastonAug. 22, GranthamAug. 22, Jersey GoldfieldsAug. 22, Princes…
Index (August 14, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
Harmony to benefit from merger
To simplify management of the Harmony Gold project in the Queen Charlotte Islands of British Columbia, the two joint owners plan to merge.Misty Mountain Gold (TSE) will issue 4.25 shares for each shar…
Drills turning at Butte Highlands
A 2,000-ft. program of deep drilling is under way on the Butte Highlands gold skarn project in Montana.Asarco (NYSE) plans to drill six to seven holes to test the depth extension of the Nevin Hill zon…
Royal Oak buys Ronnoco Gold
Looking to add to gold reserves at its Pamour operation in the Timmins district of Ontario, Royal Oak Mines (TSE) has acquired a controlling position in Ronnoco Gold Mines, which holds three claim blo…
Viceroy, MK at odds over mining plan
The Castle Mountain gold mine in San Bernardino Cty., Calif,, continues to pump out cash for Viceroy Resources (TSE) and MK Gold (NASDAQ), which own 75% and 25% respectively.Cash flow for the three mo…
Labrador News Roundup — CanAlaska turns up sulphides
Joint-venture partners CanAlaska Resources (VSE), International FreeGold Mineral Development (VSE) and First Labrador Ventures (VSE) have located massive sulphide mineralization on their ground 35 km …
Work continues at OPAP pipe
Ontario’s prospecting community is hoping that the government axe will not fall on programs that fund grassroots work in northern regions of the province.”These grants have the potential to lead to ex…
Labrador News Roundup — Viscount, Magna find gossans
Prospecting crews at the Tasisuak Lake property of Consolidated Viscount Resources (VSE) and Consolidated Magna Ventures (VSE) have discovered several gossans near the location of a magnetic anomaly a…
PEOPLE — REPUBLIC GOLDFIELDS (August 14, 1995)
Michael De Rosa appointed chairman; Jack Belton appointed president; Uldis Abolins appointed vice-president.