News

Ron Churchill appointed president.

Douglas Hyndman appointed director.

Jim Heras appointed director and president.

Frank Roberts appointed director and president; Suzanne Wood appointed director.

Proceeds of $1.3 million were raised by Orvana Minerals (TSE) from the sale of two million shares to Goldcorp (TSE) of Toronto. Goldcorp owns 4.3 million shares of Orvana and about 1.13 million common…

A private placement will provide Crown Butte Resources (TSE) with $10.7 million for ongoing work at its New World gold-copper-silver project in Park Cty., Mont. The company is 60%-owned by Hemlo Gold …

Partners Gowest Amalgamated Resources (ASE) and Western Premium Resources (VSE) have signed an agreement whereby each may earn a 35% interest in three gold properties in north-central Nevada. The part…

The Carlota project in east-central Arizona is to start producing copper in the first quarter of 1995, Cambior (TSE) reports after having approved a feasibility study. Engineering and the construction…

The well-attended annual meeting of Aur Resources (TSE) in Toronto heard upbeat news about base metals development in Canada. The massive Louvicourt deposit, being developed by Aur and its partners, i…

Drilling is to start shortly at the Marudi gold project of Sutton Resources (VSE) in south-central Guyana. The program will test geological/geophysical targets within an extensive gold-in-soil anomaly…

Proceeds of $5.58 million are reported by Exall Resources (TSE) from a private placement involving special warrants. The company will fund option payments and exploration and development relating to M…

A brokered private placement will enable Arizona Star Resource (VSE) to fund additional exploration on the Aldebaran gold property in Chile. The placement totals 1.5 million units at 60 cents per unit…