PEOPLE — EDEN ROC (March 13, 1995)
Peter Crossgrove appointed chairman and director.
News
Black Swan funds Brazilian projects
A private placement is expected to provide Black Swan Gold Mines (TSE) with $1.2 million, which it will use to acquire and develop the Santa Helena and Novo Mundo gold prospects in Brazil. The placeme…
GOLDFUNDS (March 13, 1995)
BGR Central Net Value $15.83 $6.30 Price $13.25 $6.375 Discount 16.29% Premium 1.2% Value $123,856,000 $115,383,038…
Murgor reports results from two more holes
Junior Murgor Resources (VSE) has reported results from two additional holes drilled on the Barry Twp. gold property in northwestern Quebec. Hole 95-2, collared 82 ft. south of hole 95-1, intersected …
ODDS’N’SODS — Assembling the right team
They had been commissioned by the syndicate formed by Karl Springer and “Doc” Kidd to prospect and explore for gold and silver in the Coast Range Mountains, north of Stewart, B.C., during the summer o…
Greenstone ups gold resource
Gold producer Greenstone Resources (TSE) has almost doubled the gold resource contained within the San Andres project in Honduras. The resource rose to 1 million oz. after completion of a 2,500-metre …
Corrections (March 13, 1995)
A preliminary economic evaluation on the Kabanga nickel-cobalt project in Tanzania estimates the yearly cash flow at US$115 million, not US$155 million as reported in our issue of Feb. 27. BHP Mineral…
Atna in option deal with YGC in Yukon
Under a joint-venture agreement, Atna Resources (VSE) has the option to earn from YGC Resources (VSE) a 65% interest in eight base metal properties in the Yukon. To do so, Atna must spend $1.5 million…
PEOPLE — CRYSTALLEX INT’L (March 13, 1995)
Marc Oppenheimer appointed president and chief executive officer; Douglas Newby and Stephen Goss appointed vice-presidents; and W. Zin appointed chief operating officer.
Dona Lake faces charges in mill mishap at Pickle Lake
Former producer Dona Lake Gold Mine has been charged with three violations of Ontario’s Occupational Health and Safety Act in connection with a critical-injury accident in 1994 at its mill near Pickle…
COMMENTARY — Optimistic note for Venezuela
For investors in Venezuela, 1994 was a year most would prefer to forget. However, there are good reasons for looking forward to the remainder of 1995 with some optimism. It seems as though the politic…
PEOPLE — NORTHWEST MINING ASSOC.
Wallace McGregor appointed president; Jami Fernette appointed first vice-president; and Allan Marter appointed second vice-president.