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Canarc drills Ianna

A US$900,000 exploration program is under way on the Ianna property in northwestern Guyana. Canarc Resource (TSE) can earn up to a 65% interest under a joint-venture agreement with Guyana-based Roraim…


NEWS ROUNDUP — Lower grades hurt Glamis

Lower mining grades during the second quarter ended Dec. 31, 1994, adversely affected earnings for Glamis Gold Mines (TSE). The company reported net income of US$95,000 on revenue of almost US$9 milli…



NEWS ROUNDUP — Lithos, Raymor strike deal

Two companies — Lithos (ME) and Raymor Resources (ASE) — have acquired a lithium property in Lamothe Twp. in northwestern Quebec. Each company has bought a half interest from Georges Dumont, who wil…





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