LAST BUT NOT LEAST — Name change for Red Rock
Junior Red Rock Mining (NASDAQ) has acquired the Goldfield project in Nevada and changed its corporate name. Red Rock issued 12 million shares to American Resource (NASDAQ) for the latter’s 50% intere…
1994
CanTung assets eyed by suitors
Several mining groups are carrying out due diligence reviews of the assets of Canada Tungsten (TSE), and in particular the company’s advanced copper project near Andacollo, Chile. The company’s larges…
Geddes seeks down payment’ for expropriated claims
During the past 12 months, Geddes Resources (TSE) has made more than 80 attempts to persuade the British Columbia government to begin the process of compensation for its expropriated Windy Craggy copp…
Candelaria check assays prove disappointing for Rio Amarillo
Check assays on core from the Candelaria copper prospect in Peru have failed to improve upon previous results. Property owner Rio Amarillo (VSE) sent samples from the secondary enriched zone of six dr…
NEWS ROUNDUP — Platinova active in Greenland
In Greenland, exploration has begun on two base metals properties in which Platinova A/S (TSE) holds interests. Two drills have been sent to the northern peninsula of Peary Land to explore the company…
LETTER TO THE EDITOR — Manitoba extends welcome to new
Your editorial “Exodus” (T.N.M., June 6/94) suggests a number of reasons for a decline in exploration in Canada and, to your credit, some potential solutions. My concern is your reference to junior ex…
The environment and management
Environmental concerns will be the focus of the Mining Environmental Management Conference at Reno, Nev., Oct. 16-19. The conference and accompanying exhibition are aimed at executive and technical ma…
Tri Origin exploring projects in Ontario
Toronto-based Tri Origin Exploration (TSE) has started work on its four Ontario gold projects. A 2,500-metre drill program will be carried out on the Sault project, 90 km north of Sault Ste. Marie. Pr…
LAST BUT NOT LEAST — Correction (June 27, 1994)
The tonnage figure for the Troilus project of Metall Mining (TSE) was incorrectly reported in T.N.M., June 20/94. The correct figure is 54.2 million tons.
LAST BUT NOT LEAST — Electra boosts earnings
A half interest in the Aurora Partnership gold mine enabled Electra Mining Consolidated (VSE) to earn $382,462 (14 cents per share) in the first quarter. This compares with a loss of $42,416 for the s…
LAST BUT NOT LEAST — HMC options ground in east
CDN-listed Hendricks Minerals Canada can earn a 75% interest in three properties in New Brunswick and Nova Scotia. The agreement covers gold geochemical and geophysical anomalies in Paleozoic volcanic…
LAST BUT NOT LEAST — Hardrock arranges private placement
Toronto-based Hardrock Extension (TSE) and a private investor have arranged a private placement of more than 740,000 shares at 20 cents each. Proceeds will be used this summer to explore a property in…