Altavista looks for gold in northwestern Quebec
Having raised $1.5 million through an initial public offering, newly listed Altavista Mines (ME) is ready to explore and develop two gold properties in northwestern Quebec.The junior can acquire a 90%…
News
STOCK MARKETS — VSE suffers anti-climax over Voisey Bay results
Trading activity on the Vancouver Stock Exchange eased off somewhat as investors began paying more attention to the quality of work being done by juniors in Labrador. The initial excitement from the V…
Meetings (July 31, 1995)
MEETINGSAug. 8, AgincourtAug. 8, Big HornAug. 8, Davidson TisdaleAug. 8, Grand EmpireAug. 8, ParagonAug. 9, CrystallexAug. 9, EurusAug. 9, Redbird GoldAug. 10, Amarado Aug. 10, HeraAug. 10, IntOl Capr…
Golden Giant strike cuts Hemlo’s earnings
A drop in gold production has contributed to a 38% shortfall in earnings for Hemlo Gold Mines (TSE).For the first six months of 1995, Hemlo earned $23.4 million (or 23 cents a share) on revenue of $10…
Tylosaur is found in Sask. wheat belt
A huge, 73-million-year-old tylosaur was recently excavated near Herbert Ferry on Lake Diefenbaker, the first such discovery to be made in Saskatchewan.The Royal Saskatchewan Museum says excavators re…
Index (July 31, 1995)
STOCK MARKETS — TSE recovers after possible `correction’
After starting the week with what was thought to be an ominous “correction,” many investors timidly re-entered the market and nudged the index back on an upward trend. Despite the weak gains, the TSE …
Aurizon to gain stake in Blackdome
Gold producer Aurizon Mines (TSE) can earn up to a 55% interest in the Blackdome gold mine property near Clinton, B.C.The underground mine operated from May, 1986, to January, 1991, during which time …
Companies (July 31, 1995)
B SECTIONAmax GoldAnglo SwissAnvilAtlas Baja GldBHP MinrlsBralrn-PionCathedral GCominco,Coral GoldCorner BayCornucopiaCyprus AmaxEcho BayEldoradoGeomaqueGold CityGold GiantGreat LksHomestake…
LABRADOR NEWS ROUNDUP — Castle Rock reports discovery
Partners Castle Rock Explorations (VSE) and Pan-Global Enterprises (VSE) have discovered “heavily mineralized” gossans on their claims in Labrador. The gossans contain visible chalcopyrite, pyrrhotite…
LABRADOR NEWS ROUNDUP — Magna locates copper gossans
Preliminary exploration of the Rocky Cove property, 220 km northeast of Goose Bay, Labrador, has identified two copper-bearing gossans.Consolidated Magna Ventures (VSE) reports that iron oxide and sul…
Greenland grants more mineral licences
Still more companies are flocking to the world’s largest island in search of Voisey Bay-type nickel-copper-cobalt deposits.The activity is due to the geological similarities between Labrador’s Nain ge…