Potential of Argentina attracts foreign miners
Recent events in Argentina have convinced many Canadian companies that South America’s exploration potential is not restricted to Chile.Argentina is the second-largest country in South America, occupy…
1995
NEWS IN BRIEF (May 08, 1995)
Broadlands Resources (BOD:VSE) and Shorewood Exploration (SWX:VSE) have amalgamated to form International Broadlands Resources (IBR:VSE). Broadlands and Shorewood shareholders received one new share f…
Crown rejects merger offer
Junior Crown Resources (TSE) has rejected a merger proposal by Battle Mountain Gold (NYSE), claiming it is not in the best interest of its shareholders.The proposal was offered in mid-April, somewhat …
NDU, Cash team at Ruby Range
A joint-venture agreement with Cash Resources (VSE) paves the way for NDU Resources (VSE) to earn a half interest in the Ruby Range gold property in southwestern Yukon.To do so, NDU must pay $150,000 …
Channel expands African holdings
While it continues to explore its gold concessions in Burkina Faso, West Africa, Channel Resources (TSE) is acquiring interests in two additional properties in the area.By gaining a 95% stake in these…
COMMENTARY — Data storage and retrieval
The mining industry faces escalating difficulties in finding new mines in Canada and around the world. Data analysis is a key ingredient in successful exploration programs, particularly with respect t…
Miramar confirms Cuban gold zone
Drilling on the Mantua copper project in Cuba is confirming the presence of an overlying gold zone.Miramar Mining (TSE), which holds a 50% interest, has completed a 35-hole program to evaluate the gol…
Vancouver hosts annual convention — Drillers discuss variety of topics
Computerization, regulation and foreign projects were among the many topics discussed at the 52nd annual meeting and convention of the Canadian Drilling Association, held here recently.Technical paper…
Minto production decision is near
A feasibility study for the Minto copper-gold-silver project in the Yukon is complete, and Minto Explorations (VSE) expects to make a production decision in the near future.Proven and probable reserve…
Lenora tests gravity process
Bulk-testing of material from the Box and Athona deposits at the Goldfields gold project in northern Saskatchewan is complete, Greater Lenora Resources (TSE) reports.Preliminary analysis of the gravit…
PEOPLE — DAKOTA MINING (May 08, 1995)
Martin Quick appointed president and general manager.
Noranda shareholders salute retiring Powis
Resources giant Noranda (TSE) bid adieu to its longtime chairman, Alfred Powis, in a tribute-filled annual meeting in Toronto.Powis, 64, spent almost 40 years with the company, including 27 years as e…