1994

NEWS ROUNDUP — Rayrock buys out Dee mine partners

Toronto-listed Rayrock Yellowknife Resources plans to increase its ownership in the Dee gold mine to 100% from the current 44% It will buy a 44% interest from Corona Gold, a wholly owned subsidiary of…


Golden News funds future work in Mexico

Junior Golden News Resources (VSE) has raised more than $11 million to buy Mexican-based Minera Sanex and prepare that company’s Luz del Cobre copper project for production. The junior raised the fund…


Cadre lands Venezuelan ground

In return for quarterly payments of US$50,000, to a total of US$200,000 plus 100,000 common shares, Cadre Resources (VSE) can acquire the Venezuelan property known as El Encanto. Situated in the Marwa…



Work continues on Wrightbar’s Quebec ground

Vancouver-listed Charlim Explorations has discovered two gold zones on the Bourlamaque Twp. property of Wrightbar Mines (ME). Charlim is earning a half interest in the gold property by paying Wrightba…


NEWS ROUNDUP — Mongolia Gold active in Bumbat

By carrying out exploration work in the Mongolian People’s Republic, Mongolia Gold Resources (MGR) is earning a 49% interest in the Bumbat property. The property is situated 200 km west of the north-c…


NEWS ROUNDUP — Dragon Gem options Corner Bay play

In northern Mexico, Dragon Gem (VSE) is earning a half interest in the Las Vigas copper project from a wholly owned subsidiary of Corner Bay Minerals (ME). Situated in Chihuahua state, the 3,474-hecta…


NEWS ROUNDUP — Globex hits zone at Duquesne West

Montreal-listed junior Globex Mining reports promising results from drilling on the Duquesne West gold project in northwestern Quebec. The company intersected 18.9 ft., which averaged 0.34 oz. gold pe…


Surveys reveal attitudes toward mining

National polls are the only practical means available for determining Canadians’ perceptions and opinions on certain issues and why they feel and think the way they do. On the other hand, all such sur…


NEWS IN BRIEF (March 28, 1994)

Severide Resources (SVE:VSE) has changed its name to Severide Environmental Industries on a share-for-share basis. It is no longer involved in mining.


Gibraltar reviewing Mt. Polley

The next new mine in British Columbia could be the Mt. Polley copper-gold deposit in the central part of the province. A joint venture between Gibraltar Mines (TSE) and Imperial Metals (TSE) involves …


Kinross continues drilling at Hoyle Pond property

Definition drilling by Kinross Gold (TSE) is continuing on the 1060 zone at the Hoyle Pond mine, near Timmins, Ont. To date, 21 holes totaling 6,000 metres have been drilled on the new zone, which is …


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close