PEOPLE (September 13, 1993)
MORGAIN MINERALS — Alfonso Daco appointed vice-president of Minera MGM S.A. de C.V. RICH COAST — Randall Pow appointed director. ORCANA RES. — Alfonso Daco appointed vice-president of Minera Orcana…
1993
Minefinders tests Sawyer potential
The results of a 38-hole program representing 4,000 ft. at the Sawyer gold property in North Carolina indicate the potential for three open-pit zones, Minefinders (VSE) reports. One of the pits, to th…
LAST BUT NOT LEAST — RTZ selling Indal assets
Most North American operations of Toronto-based Indal are being sold to MB Caradon of the United Kingdom. Indal, owned by RTZ Pillar (a unit of New York-listed RTZ), is a diversified industrial compan…
THE LATIN BEAT — Gold Vessel releases trenching results
Alberta-listed Gold Vessel Resources continues to perform surface-trenching and geochemical sampling on its CHOCO-6 property in Venezuela’s El Callao district. So far, sampling has turned up two areas…
Wheaton River put to test at Golden Bear
Despite a stormy past, the Golden Bear mine in northwestern British Columbia is being given a second chance by Wheaton River Minerals (TSE). Wheaton reached an agreement with Homestake Mining (NYSE) t…
Las Vegas show
The bulls and bears of the newsletter world are being rustled together for a special session at the Investment in Mining conference, to be held this month in Las Vegas, Nev. Such newsletter luminaries…
NEWS ROUNDUP — Gold Vessel buys Suriname interests
Alberta-listed Gold Vessel Resources, a subsidiary of St. Genevieve Resources (ME), has signed a deal to earn an interest in three properties in Suriname. Two of the properties comprise 20,000 hectare…
NEWS ROUNDUP — Musto completes metallurgical study
With a final feasibility study due by the end of October, International Musto Explorations (VSE) is seeking partners for its Bajo de La Alumbrera project in Argentina. Several major companies reported…
THE LATIN BEAT — Junior focuses on Peru copper belt
VSE-listed Thumper Resources is setting its sights on the Southern Peru copper belt. The junior can earn up to a 50% interest in a group of properties held by a private company controlled by David Low…
LAST BUT NOT LEAST — Green light for Hedley tailings
With a mine development certificate in hand, Candorado Mines (VSE) is poised to start processing gold tailings near Hedley, B.C. Using heap-leaching methods, a unit of the company plans to process tai…
LAST BUT NOT LEAST — Commercial to sell tremolite property
An offshore buyer has offered to acquire Commercial Industrial Minerals’ (CDN) tremolite industrial mineral property, 250 km northeast of Toronto. The offer, which consists of cash and a limited royal…
LAST BUT NOT LEAST — Formosa served closure order
The Oregon Department of Geology and Mineral Resources has issued Formosa Resources (VSE) a closure order for the Silver Butte base metal mine near Riddle. The order was issued pending the company pos…