Gignac to chair MAC
Louis Gignac, chief executive officer of Cambior (TSE), has been elected chairman of the Mining Association of Canada (MAC). He replaces Placer Dome’s Anthony Petrina who recently retired. In his open…
News
Geoscience Centre opens in Ottawa
The ribbon has been cut at the Canadian Geoscience Information Centre (CGIC) in Ottawa. The new centre is an amalgamation of the Geological Survey of Canada (GSC) library (including the map, geophysic…
Czech gold prospect acquired by juniors
VSE-listed juniors Royalstar Resources and Paramount Ventures and Finance plan to form a joint venture to explore the Kasperske Hory gold project in the Czech Republic. The companies announced an agre…
Cusac drilling returns high-grade values
Drilling on the Table Mountain property in northwestern British Columbia returned high-grade gold values for Cusac Industries (VSE). The program included infill drilling on the West Bain vein (Holes 9…
PEOPLE — OPACT RESOURCES (July 19, 1993)
William Lynch appointed director.
PEOPLE — WHISKY CREEK RESOURCES
Rene Carrier and Brian Doutaz appointed directors.
Golden Trio nets private placement
A private placement of 10 million units at 20 cents each has been closed by Golden Trio Minerals (VSE). Each unit is composed of one common share and one purchase warrant which entitles the holder to …
Consolidated Nevada buys Nixon Fork
In buying all the issued and outstanding shares of Nixon Fork Mining, Toronto-listed Consolidated Nevada Goldfields has acquired 71% of the Nixon Fork gold project in central Alaska. As consideration …
AROUND THE GLOBE — Exall clears prospectus
Its final prospectus approved, Exall Resources plans to issue 3.7 million units (without additional payment) upon the exercise of 3.7 million special warrants issued on March 18, 1993. Each unit consi…
BMR lands Crescent placer
BMR Gold (TSE) and Jacqueline Gold (VSE) can acquire a 100% interest in a 5-sq.-mile placer gold property near Crescent Valley, Nev., according to a renogiated agreement. The joint venture, 70% owned …
LAST BUT NOT LEAST … Joint venture to rehabilitate Cassiar
Black Hills Minerals, Minpro and Cliff Resources (TSE) have jointly acquired a 6-month option to treat chrysotile asbestos tailings dumps and rehabilitate the old Cassiar Mining site in Cassiar, B.C. …
LAST BUT NOT LEAST … Dundee-Palliser issues shares
Several directors of Dundee-Palliser Resources (TSE) have exercised options to acquire 500,000 common shares of the company at 14 cents per share. MVP Capital (TSE) has also exercised a warrant to buy…