Study calls for Briggs development
With positive results in hand from an independent feasibility study, Canyon Resources (NASDAQ) says mine development could begin this fall at the Briggs gold project in southeastern California. Constr…
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LAST BUT NOT LEAST — Arauco control changes
An agreement-in-principle has enabled privately owned Santa Elina Gold to gain control of Arauco Resources (VSE). Santa Elina, a medium-size gold producer with holdings in Brazil and Bolivia, reached …
LAST BUT NOT LEAST — Bakertalc options Tanzanian gold play
In Tanzania, Bakertalc (ME) has acquired a 90% interest in the Lupa gold property from Tanzania Diamond Mines. It can also acquire that company’s interests in other gold and diamond properties. Bakert…
LAST BUT NOT LEAST — Fairmile confirming Buffalo gold
Initial results from 5,000 ft. of drilling on the Buffalo Valley project in Nevada are confirming the presence of gold mineralization along the Front Fault. Fairmile Acquisitions (VSE), which can acqu…
PEOPLE — INSULAR EXPLORATIONS (May 23, 1994)
Cynthia Avelino appointed president and director; Walter Clemens, William Daly, Jack Milligan and David Stewart elected directors.
PEOPLE — NEW AEGIS RESOURCES (May 23, 1994)
Chet Idziszek and Arthur Luney appointed directors.
PEOPLE — SANTA FE PACIFIC (May 23, 1994)
David Smith appointed vice-president and chief financial officer; Bruce Hansen appointed senior vice-president, corporate development.
PEOPLE — HIGHGRADE VENTURES (May 23, 1994)
Franz Scheidz and Paul Joseph McGuigan appointed directors.
THE DIAMOND PAGE — Australia’s Ashton finds third kimberlite
Australian-based Ashton Mining of Canada (TSE) has discovered a third kimberlite near Attawapiskat River in northern Ontario. The company is earning a 51% interest in the project, which is 70% owned b…
LETTER TO THE EDITOR — Determining gold content in samples
During the past year, your paper has covered, with appropriate caution, reports of unusual gold mineralization from Fort MacKay in Alberta, Brookfield in Nova Scotia and a property in Arizona. The rep…
THE DIAMOND PAGE — American Gem completes $7.3-million
American Gem (TSE) has completed a $7.3-million Euroequity offering. The placement, consisting of 1.5 million shares at $4.88 per share, was arranged by IBK Capital, a Toronto-based investment banking…
NEWS ROUNDUP — High River, TVX to advance Snow Lake
Directors of High River Gold Mines (TSE) have agreed to let TVX Gold (TSE) acquire a half interest in the Snow Lake gold property in northern Manitoba. TVX must cancel all its 6 million shares, arrang…