News

San Andreas Resources (TSE) is preparing an updated reserve estimate for its Prairie Creek mine property, 300 miles west of Yellowknife, N.W.T. The company expects to release the information in Januar…

Surface sampling and drilling demonstrate that the gold-bearing zone of the Beta Vargas deposit in Costa Rica is open to the east and at depth. Lyon Lake Mines (ME) has completed 17 reverse circulatio…

Michael Briggs and Richard Simmons appointed directors.

(The following story is characteristic of the life and death of many placer miners in early years. The individual described, Stumpy Wicks, worked on the Coeur d’Alene River, in Idaho.) Stumpy Wicks wa…

Junior gold miner Wheaton River Minerals (TSE) has sold its Ketza River property, near Ross River, Y.T., to YGC Resources (VSE). In return, Wheaton will receive three million YGC shares, giving it a 4…

Winston Yau appointed president and director; Stanley Ma appointed director.

T&H Resources (TSE) says its Damoti Lake property in the Northwest Territories has been brought to lease. Limited sampling on the shore of Damoti Lake proved disappointing. However, geophysical work a…

Glen Dacres appointed director.

Peter Olander appointed president; Gordon McCreary appointed chairman of the board; Bruce Purcell appointed honorary chairman of the board.

Harold Smith appointed president and director; Art Ellis appointed director.

Underwriters Richardson Greenshields of Canada and Wood Gundy have agreed to sell five million shares of Aur Resources (TSE) at $5.60 per share. Teck (TSE) and Cominco (TSE), which hold a pre-emptive …

Lori Ann MacKisey appointed director.