News

NEWS ROUNDUP — Dragon Gem options Corner Bay play

In northern Mexico, Dragon Gem (VSE) is earning a half interest in the Las Vigas copper project from a wholly owned subsidiary of Corner Bay Minerals (ME). Situated in Chihuahua state, the 3,474-hecta…


NEWS ROUNDUP — Globex hits zone at Duquesne West

Montreal-listed junior Globex Mining reports promising results from drilling on the Duquesne West gold project in northwestern Quebec. The company intersected 18.9 ft., which averaged 0.34 oz. gold pe…


Surveys reveal attitudes toward mining

National polls are the only practical means available for determining Canadians’ perceptions and opinions on certain issues and why they feel and think the way they do. On the other hand, all such sur…


NEWS IN BRIEF (March 28, 1994)

Severide Resources (SVE:VSE) has changed its name to Severide Environmental Industries on a share-for-share basis. It is no longer involved in mining.


Gibraltar reviewing Mt. Polley

The next new mine in British Columbia could be the Mt. Polley copper-gold deposit in the central part of the province. A joint venture between Gibraltar Mines (TSE) and Imperial Metals (TSE) involves …


Kinross continues drilling at Hoyle Pond property

Definition drilling by Kinross Gold (TSE) is continuing on the 1060 zone at the Hoyle Pond mine, near Timmins, Ont. To date, 21 holes totaling 6,000 metres have been drilled on the new zone, which is …



NEWS IN BRIEF (March 21, 1994)

Pacific Northern Ventures (PNV:VSE) has changed its name to Pacific International Hardwoods on a share-for-share basis.


Caribgold happy with Cuban results

Toronto-based junior Caribgold Resources (TSE) is encouraged by results from initial field work on its five joint-venture properties in Cuba. Drilling is scheduled to begin soon at the Descanso-Melone…


Mexico opens up mining areas

The Mexican government opened up almost 13 million hectares of land last year in an effort to spur mineral exploration. This year, the Ministry of Energy, Mines and State Industry has already put up f…


Prime Equities options Johnson River play

Murray Pezim’s flagship, Prime Equities International (VSE), is proposing to spend at least $4 million this year to prove up a gold-rich polymetallic deposit in the Cook Inlet region of southern Alask…


Cambior to develop Peruvian copper project

Growing gold producer Cambior (TSE) plans to develop Peru’s La Granja copper project. The Val d’Or, Que.-based company, which operates the Omai gold mine in Guyana, can acquire La Granja outright by i…


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