Tan Range Exploration tests Tanzanian gossan
Surface work on the Itetemia gold project in Tanzania is outlining an extensive, pyrite-rich gossan. Tan Range Exploration (ASE), which is earning a 90% interest in the property, reports that soil sam…
1995
STOCK MARKETS — TSE rises as Canadian dollar hits 4-month
The recent rally by the Canadian dollar helped inspire investor confidence, which led the Toronto Stock Exchange to post a slight gain during the 5-day report period ended April 11. The composite 300 …
PRODUCER PRICES (April 17, 1995)
ALUMINUM: MW U.S. market US91.25-92.25 cents per lb. (April 7, 1995). ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995). BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 199…
Tombstone active in Venezuela
Plans to acquire a copper-gold project in Honduras are not likely to cause Tombstone Exploration (TSE) to shift its focus away from Venezuela. The Vancouver-based junior holds several properties in th…
Fatality reported at Copper Rand
A miner was killed and another injured in an underground explosion involving methane gas at the Copper Rand mine of copper-gold producer MSV Resources (ME) at Chibougamau, Que. Rene Gauthier, 46, died…
La Rock drilling Brandywine
A 4,000-ft. diamond drill program on the Brandywine property, 25 miles north of Squamish, B.C., has encountered gold mineralization. La Rock Mining (VSE) is testing the extension of the Dave’s Pond zo…
Oliver drilling at Fairview
Diamond drilling has outlined a high-grade gold resource at the Fairview property in the southern Okanangan Valley of British Columbia. The 28-hole program, which totalled 12,707 ft., was carried out …
Carson Gold acquires Yunnan Mining
Vancouver-based Carson Gold (VSE) is making its presence known in southern China. The junior acquired 2 million shares of Yunnan Mining, a private company which holds interests in, and exploration and…
NEWS ROUNDUP — Golden Star drops Esperance
The French subsidiary of Golden Star Resources (TSE) has decided not to buy the Esperance gold property in the northwestern part of French Guiana. Guyanor Ressources had an option agreement with curre…
NEWS ROUNDUP — Gold Reserve to increase holdings
Spokane-based Gold Reserve (TSE) plans to acquire the Brisas concession in the Kilometre 88 region of Venezuela. Until now, the company has held a 75% direct and a 16% indirect interest in the propert…
Vengold active in Venezuela
Preliminary drill results from the Bizkaitarra gold concession in Venezuela’s Kilometre 88 region are encouraging for partners Vengold (TSE) and Queenstake Resources (TSE). To date, results from five …
NEWS ROUNDUP — Barrick tops list of gold producers
Million-ounce gold producers in North America numbered four last year, with Barrick Gold (TSE) leading the way. Barrick swallowed Lac Minerals in a corporate takeover last summer, and their combined p…