Having completed its 1994 drilling program on the Marudi concession in southern Guyana, Sutton Resources (VSE) will next determine capital and operating costs for an open-pit mine. Two deposits, Marud…
The column (T.N.M., Oct. 10/94) on Thayer Lindsley and Karl Springer by Philip Eckman brought back memories of the many times I travelled with “T.L.” (He was rarely addressed as Thayer.) He graduated …
International exploration, including the diamond play, will take centre stage at the 63rd annual convention and trade show of the Prospectors and Developers Association of Canada (PDAC), scheduled for…
In a flurry of activity, International Canalaska Resources (VSE) has acquired new holdings in Arizona and Labrador, and launched an exploration program in Panama. Canalaska joined the staking rush on …
Gold producer Newmont Gold (NYSE) expects to produce 1.85 million oz. in 1995, compared with output in 1994 of about 1.65 million oz. Completion of a refractory ore roaster at the company’s Carlin min…
A sodalite deposit in southern Greenland has drawn the interest of Highwood Resources (TSE). The junior has reached an agreement-in-principle with Mineral Development International A/S of Denmark for …
Montreal-based Canchrome Mines (ME) will use proceeds from a private placement to carry out drilling on the Turgeron gold property in northwestern Quebec. The $150,000 placement consisted of 375,000 f…
ITEC Mineral, a 67%-owned subsidiary of St. Genevieve Resources (ME), is raising funds to upgrade its Norebec-Manitou mill near Val d’Or, Que. Proceeds from a $5-million financing, consisting of 1.7 m…
The Ontario government plans to make $5 million available during the 1995-96 fiscal year for exploration work, through two programs. The level of financial assistance is unchanged from the current fis…
Allan Williams appointed director.
Colin Benner appointed executive vice-president and chief operating officer.
Rhonda Smerchanski and D. Briggs appointed directors.
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