NEWS ROUNDUP — $10 million for Manhattan
A $10-million private placement will enable Manhattan Minerals (VSE) to explore and develop three properties in Mexico. Most of the proceeds ($6 million) will be spent on the Moris gold project in the…
1994
Westmin to process Snip concentrates
The Premier Gold mill is being modified to process 8,000 tonnes of concentrates from the Snip gold mine in northwestern British Columbia. Westmin Resources (TSE) will process a year’s production from …
Nebex hits gold in Shear 20 zone
A hole drilled by Nebex Resources (ASE) to test a deep, induced-polarization anomaly has intersected what appears to be a new gold zone near Yellowknife, N.W.T. Averaging 0.32 oz. gold per ton over 16…
Altai acquires more Peruvian prospects
Toronto-listed Altai Resources has acquired two new copper projects in Peru. The Achanizo deposit, in Caraveli province, contains seven known veins which range from 300 to 1,200 ft. in length and aver…
Republic Goldfields finds two new zones
Vancouver-listed Republic Goldfields has identified two potential open-pit zones at the Congress gold project in Arizona. Reverse circulation drilling has partially defined the Golden Wave and Bellick…
EDITORIAL PAGE — Diamond standard needed
The Australians did it. American regulators followed suit. And Canadians should do it, too . . . . . . Introduce diamond reporting standards, that is. In the early 1990s, a group of Australian diamond…
OBITUARIES — Christopher Bavage, Frank van Poppel
Two executives in the Canadian drilling industry, Christopher Bavage and Frank van Poppel, died recently in an automobile accident while on business near Timmins, Ont. Bavage was vice-president and ge…
PEOPLE — TELLIS GOLD (February 21, 1994)
Rupert Galliers-Pratt appointed chairman and director; C. Cole appointed president; William Meek appointed vice-president and director; W. Webb appointed vice-president (US) and director; William Graf…
Municipalities indicate their support for mining
More than 110 municipalities across the country have adopted resolutions in support of the campaign to “Keep Mining in Canada” The Canadian Mineral Industry Federation says 26 resolutions have been pa…
PEOPLE — PANARIM RESOURCES (February 21, 1994)
William Radvak appointed president and director; Rachel Alter appointed director.
PEOPLE — CANMARK INT’L RESOURCES
W. Wellman appointed chairman; Christopher Lee appointed president and chief executive officer; Sabina Boroevich, Leonard Doucette and Jack Basford appointed directors.
PEOPLE — CITY RESOURCES (CANADA)
Ray Soper elected chairman and director; Robin Slaughter appointed director and president; Peter Stokes and Jon Stewart elected directors.