PEOPLE — CONS KELD’OR
Bruce Thorndycraft and Kim Farran appointed directors. N5…
News
Formation drill program under way at Black Pine
Drilling is under way at the Black Pine property, 17 miles southwest of Salmon, Idaho. Formation Capital (VSE), the owner, plans to drill 12 holes for a total of about 5,000 ft. A large, stratabound, …
Noranda continues to test Kliyul play
Exploration of the Kliyul property, 200 km northeast of Smithers, B.C., will continue, Vital Pacific Resources (VSE) reports. Noranda Exploration is performing the work for associated company Hemlo Go…
Change in thinking needed: Wilson
Canadian geophysicist John Tuzo has called for a scientific revolution in the earth sciences. In a speech in Toronto, Wilson, who is one of the early proponents of continental drift and plate tectonic…
Pegasus boosts Zapopan interest
The exercise of a put option will result in Pegasus Gold (TSE) owning 60.5% of Australian-based Zapopan. Ventures Trident Limited Partnership holds a put option requiring Pegasus to buy its Zapopan co…
EDITORIAL PAGE — Mrs. Witte goes to town
To Royal Oak Mines President and Chief Executive Margaret Witte, the recent signing of a deal-in-principle to acquire the mothballed Colomac mine in the Northwest Territories must represent more than …
Republic completes debt restructuring
A debt restructuring undertaken by Republic Goldfields (VSE) and a pair of Canadian banks has occurred. As a result, the company has eliminated its short-term debt and more than 70% of its overall deb…
PEOPLE — NAPOLEAN EXPL
Jorge Jones appointed director and president. N5…
Major to drill VMS targets
To explore base metal prospects in northwestern Ontario, Major General Resources (VSE) has completed a $750,000 private placement. The junior has an option to earn a 50% interest in five properties th…
PEOPLE — GOLDCAP (April 12, 1993)
Yale Simpson appointed president. N5…
Cazador lands funds for BT
A recent private placement enables Cazador Explorations to finish infill drilling on the BT gold deposit near Lynn Lake, Man. The placement totals 571,430 flow-through common shares at 28 cents each p…
St. Jude tests Woco gold vein
Drilling by St. Jude Resources (VSE) on its Earngy Twp. property, 42 miles northeast of Red Lake, Ont., has returned encouraging gold values from the Woco vein. The vein is 1.5 miles south of the old …