1994 A LOOK BACK — Anvil Range makes Grum plans

A group of former employees of Curragh successfully acquired the Faro zinc-lead mine assets of the bankrupt producer. The operation is situated in the Yukon.

Anvil Range Mining (TSE), which became a publicly listed company late in the year, has drawn up plans to bring the Grum deposit at Faro into production by the autumn of 1995.

Through its various financial offerings, Anvil was able to raise more than $95 million in equity.