Spokane Res. drilling gold-copper project
Drill results from the Spokane property, 40 km northwest of Lillooet, B.C., are providing encouragement for VSE-listed partners Spokane Resources and International Enexco. The property lies within the…
News
NEWS ROUNDUP — Aquaterre traces shear zone
Geological mapping and sampling on the Pilldolla property, 55 miles northwest of here, is outlining a mineralized shear zone. Aquaterre Mineral Development (VSE) acquired the property to follow up the…
NEWS ROUNDUP — Canmine drills holes at Island zone
Drill results from the Island zone on the Fer property in northern Manitoba suggest the gold-copper mineralization continues at depth. Canmine Resources (ASE) reports that a 2.9-metre section from hol…
Golden Star, Cambior explore Yaou project
In French Guiana, Golden Star Resources (TSE) and Cambior (TSE) are evaluating their jointly held Yaou gold project. The partners acquired the 150-sq.-km concession three months ago from BHP and Burea…
NEWS ROUNDUP — Mirandor eyes Spanish Mountain gold
Junior Exploration Mirandor (ME) has arranged a $150,000 private placement. The funds, which consist of common shares priced at 20 cents each and one warrant per share valued at 26 cents, will be used…
Norcan arranges new financing
VSE-listed Norcan Resources has announced a private placement of 500,000 units at 60 cents each. A unit consists of one share and one warrant that entitles the holder to buy one additional share for 6…
STOCK MARKETS — Market in retreat as gold price stumbles
A hesitant gold price gave pause to the market during the week ended Oct. 4 and was a definite factor in the Toronto Stock Exchange composite 300 index tumbling more than 98 points, to 4274.26, during…
Bre-X drilling Indonesian prospects
At the Busang project in East Kalimantan, Bre-X Minerals (ASE) has intersected gold mineralization in 22 of 31 holes over a strike length of 750 metres. Significant intersections of holes drilled to a…
Globex options U.S. gold plays
Montreal-listed Globex Mining has opted to acquire two gold properties in the western U.S. As consideration, Globex granted a net smelter return on each property payable if the gold price rises above …
CIM Newfoundland branch meeting set
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy and Petroleum will have its 41st annual meeting Nov. 3-5 at St. John’s. Theme of the meeting will be “Investing and investment o…
PEOPLE — KOOKABURRA (October 10, 1994)
Colin Brooks appointed general manager of Peruvian subsidiary Compania Minera La Esperanza.
PEOPLE — SANTA ELINA
Paulo de Brito appointed chief executive officer and president; John Hammes appointed chief operating officer; Juvenal Filho appointed vice-president; Luiz Barreto appointed vice-president of corporat…