News

Carson options Philippine project

The new year will see Carson Gold (VSE) begin drilling a newly optioned gold property in the Philippines. The Marian property, on Luzon Island, will be subjected to a 7,000-metre program. Carson can a…


NEWS ROUNDUP — Hindustan, BHP discuss venture

A state-controlled mining company in India, Hindustan Zinc, has reached an agreement with Australian-based BHP Minerals concerning a joint venture in Rajasthan. Prospecting licence applications have b…


NEWS ROUNDUP — Orient, Gold Hawk drill at Nelligan

A second hole is being drilled at the Nelligan gold project in the Miquelon area of northwestern Quebec, Orient Resources (ME) reports. Assays from the first hole are awaited. More than 1,000 metres o…


NEWS ROUNDUP — Glen Auden plans further drilling

Further drilling and induced-polarization surveys will test a new zone at the Casa Berardi project of Glen Auden Resources (CDN) in northwestern Quebec. The junior says hole 94-14, some 300 metres nor…


Euro-Nevada buys into Aussie company

Gold royalty company Euro-Nevada (TSE) has acquired an interest in an Australian public company which holds a 10% net smelter return royalty on the Henty gold project in Tasmania. Euro-Nevada acquired…


Gibraltar options Chilean copper project

An exploration program is planned for the Fortuna de Cobre copper project in Chile, Gibraltar Mines (TSE) reports. Gibraltar’s wholly owned subsidiary, Compania Minera Gibraltar, has signed a letter o…


Ecuadorian still drilling at Gaby

Diamond drilling continues to evaluate the Gaby gold porphyry deposit near Guayaquil, Ecuador. Ecuadorian Minerals (TSE) can earn a 35% interest in any oxide deposit identified in the Muyuyacu concess…


INSIDER TRADING — Goldbelt officers active

Three officers of Goldbelt Resources (TSE) bought and sold shares in September and October. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Michael Muzylowsk…



Imperial, Bethlehem plan merger

Two Toronto-listed juniors, Bethlehem Resources and Imperial Metals, plan to join forces in order to develop potential properties. The merged company would initially focus on Imperial’s Mt. Polley cop…


Development plans for Michigan deposit

A joint venture has been formed between Great Lakes Minerals (TSE) and Brookline Minerals (VSE) to bring the former’s 543-S copper property into production. Situated in Michigan’s Keweenaw Peninsula, …


Global diamond conference set for March in Australia

Plans are in the works for World Diamond Conference 1995, to take place March 17-18 in Perth, Australia. The conference will be linked with Western Australia’s Mining Week that month, and will commenc…


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