VenCan, Chesbar merge certain assets
Juniors VenCan Gold (ME) and Chesbar Resources (TSE) intend to merge their Venezuelan interests into a new entity. Shareholders will receive half of the shares in the new entity. This new company will…
News
LAST BUT NOT LEASE — La Teko active in Alaska
Drill results from the True North property in Alaska continue to provide encouragement. La Teko Resources (VSE) reports that proven and probable reserves stand at 120,000 oz. It is hoped that, by the …
Casino prefeasibility set for year-end
Infill and stepout drilling on the Casino gold-copper-molybdenum property in the southwestern Yukon is now finished. During this year’s program, Pacific Sentinel Gold (VSE) carried out 55,119 ft. of l…
Positive study at Exall’s Santo Tomas
A new copper mine may be in the works for Exall Resources (TSE), following completion of a positive prefeasibility study on the Santo Tomas project in Mexico’s Sinaloa state. The study — carried out …
PEOPLE — CONS. GOLDRITE
Wei-Cheng Chang appointed director.
PEOPLE — TRIUNE
Vincent Reimer appointed director.
PEOPLE — FEATHER GOLD
Katherine Johnston appointed director.
PEOPLE — NEWMONT MINING/GOLD
Michael Reilly elected director.
PEOPLE — GREAT LAKES
Gerald Gauthier appointed vice-president of mining; M.O. Svela appointed vice-president of corporate relations; Paul Stein appointed director.
Boart amalgamates Canadian holdings
South African-based Boart International has amalgamated three Canadian companies: Boart Canada, Longyear Canada and N. Morrissette. Boart Canada, with head offices in Mississauga and Lively, Ont., ser…
LETTERS TO THE EDITOR — Requiem for a mining legend
Recently, I had to say goodbye to a good friend whose untimely death shocked everyone who knew him. He was a true entrepreneur who had the courage and foresight to expand his business during recession…
Cache, MSV set to acquire Inner Block
Partners Cache Explorations (ME) and MSV Resources (TSE) can acquire the Inner Block property, currently owned 70% by Corner Bay Minerals (TSE) and 30% by Quebec Crown corporation Societe Quebecoise d…