NEWS IN BRIEF (May 30, 1994)
Primo Gold (PRI:VSE) has changed its name to Primo Resources (PRI:VSE) on a share-for-share basis.
News
Cambior options Golden Star play
An agreement with Golden Star Resources (TSE) gives Cambior (TSE) the right to earn a half interest in the Yaou-Dorlin gold project in French Guiana. The project covers two prospects (Yaou and Dorlin)…
Correction (May 30, 1994)
The correct spelling of a company referred to in the March 7 and May 16 editions is International Homestead Resources (VSE), not International Holmstead. The Northern Miner regrets any inconvenience t…
STOCK MARKETS — TSE listless despite gold, base metals
Last week’s gains in base metals prices continued, but these were outshone by gains made by precious metals. Commodity prices, however, had little effect on the Toronto Exchange Stock composite 300 in…
JUNIOR MINING SPECIAL — Caledonia makes application for
Toronto-listed Caledonia Mining has applied for three prospecting licences in Zambia covering a total area of 2,930 sq. km. The largest licence, the Kadola, covers more than 2,250 sq. km and is prospe…
Northfield drilling to expand Cheminis reserves
In a quest to augment and upgrade gold reserves, Northfield Minerals (TSE) has embarked on a major program at its Cheminis mine near Larder Lake, Ont. The program, estimated to cost more than $1 milli…
JUNIOR MINING SPECIAL — Heat-treatment enhances sapphires
Unlike diamonds, which need only be cut to improve their value, rubies and sapphires generally require heat treatment to enhance their clarity and color. Nowadays, 95% of all sapphires and rubies prod…
JUNIOR MINING SPECIAL — Alberta’s Waugh Lake area shows gold
Discovery of a potential sizable gold occurrence in the Waugh Lake area of the extreme northeastern corner of Alberta has the area’s lease-holding syndicate looking for partners. The syndicate is cour…
JUNIOR MINING SPECIAL — Nova Scotia juniors an `endangered
Publicly traded junior mining companies in Nova Scotia — once thriving employers and significant contributors to the provincial economy during the late 1980s — are near extinction. The result has be…
Glen Auden options two gold properties
Vancouver-listed Seawest Resources can earn a half participating interest in the Moody Twp. gold prospect of Glen Auden Resources (CDN). The 89-claim property is near Timmins, Ont. To earn the interes…
Vengold shareholders await results
The annual meeting of Venezuelan Goldfields (TSE) was a low-key affair, with little news conveyed about the junior’s properties in Venezuela’s Kilometre 88 district. So far, 20 holes have been drilled…
NEWS ROUNDUP — Ecudor, Dianor to explore property
Montreal-listed partners Societe Miniere Ecudor and Ressources Dianor report that exploration will begin soon on their Adanac gold property near Rouyn-Noranda, Que. Geophysical surveys by 30%-owner Di…