Bre-X expands Busang resource
Drilling is enhancing the overall potential of Bre-X Minerals’ (ASE) Busang gold project in East Kalimantan, Indonesia.Seven more holes, representing 2,230 metres of drilling, have been drilled over t…
News
Allegheny acquires Atikokan acreage
Further land has been acquired by Allegheny Mines (ASE) in the Atikokan gold camp, surrounding its existing property on the former Atiko-Sapawe gold mine.Allegheny now holds more than 300 claims in th…
Echo Bay releases more results from Paredones Amarillos project
Drilling by Echo Bay Mines (TSE) at the Paredones Amarillos gold project in Mexico continues to test the main resource area, where partner Baja Gold (TSE) has estimated reserves of 1.5 million contain…
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….
PEOPLE — SARABAT GOLD (August 21, 1995)
Bernie Brauer appointed director.
PEOPLE — NEWFOUNDLAND GOLDBAR
Dale Hendrick appointed chairman and chief executive officer.
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.
PEOPLE — ELDORADO (August 21, 1995)
Ronald Manners appointed director.
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…