Correction (August 14, 1995)
In our Aug. 7 issue, William Resources (ME) was incorrectly identified as being part of a group of companies able to earn a 50% interest in a Nevada gold project.Minorca Resources (ME) and Vogue Resou…
News
Drill results expand Cerro San Pedro play
Results from five reverse-circulation drill holes at the Cerro San Pedro gold-silver deposit are providing encouragement to Metallica Resources (TSE).The best hole drilled on the property, which is ne…
NEWS IN BRIEF (August 14, 1995)
Welcome North Resources (WLN:VSE) has changed its name to Welcome Opportunities (WLO:VSE) on a 1-new-for-8-old-share basis.
New find near Kori Kollo
Drilling has revealed significant gold mineralization at Llallagua, a few kilometres from the Kori Kollo gold mine in Bolivia.Both projects are owned by Battle Mountain Gold (NYSE).Estimates for the L…
PEOPLE — ST. ANDREW
Herbert Abramson, Lorne Graham, Pierre Gloutney and Saul Shulman appointed directors.
PEOPLE — ROYAL GOLD (August 14, 1995)
Peter Babin elected executive vice-president.
Madsen drilling Red Lake property
An underground drilling program has expanded proven and probable reserves by 9% to 907,000 tons grading 0.29 oz. gold per ton at the Madsen gold mine near Red Lake, Ont.The mine, owned by Madsen Gold …
Minco lands joint venture in China
Following a due diligence visit to China, Minco Mining & Metals (VSE) has signed a joint-venture agreement with the Szechwan Bureau of Geology & Mineral Resources (SBGMR).The agreement enables Minco t…
PEOPLE — REPADRE
Joseph Conway appointed president and chief executive officer.
PEOPLE — PEGASUS GOLD (August 14, 1995)
Robert Lonergan appointed vice-president, general counsel and corporate secretary.
Nelson builds gold project in Tajikistan
The Zeravshan mining project in Tajikistan will be ready for commercial gold production by the first quarter of 1996.Operator Nelson Gold (TSE) has a 49% joint-venture interest in Zeravshan, while the…
LABRADOR NEWS ROUNDUP — Lakefield Minerals acquires Minipi land
The Minipi Lake area, about 100 km southwest of Goose Bay, has attracted several junior exploration companies seeking anorthosite-hosted base metals.Lakefield Minerals (CDN) recently purchased claims …