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 …
1995
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…
Gibraltar Mines president speaking at CIM luncheon
The president of Gibraltar Mines, William Myckatyn, will provide an update on his company’s activities at an April 28 luncheon presented by the Canadian Institute of Mining, Metallurgy and Petroleum. …
Morgain outlines molybdenite zone
Molybdenite has been discovered on the Cuatro Hermanos property in Mexico’s Sonora state. Morgain Minerals (VSE) reports that the steeply dipping zone is 250 ft. long and 80 ft. wide. Assay results fr…
Bralorne gets the green light
The British Columbia government has issued a mine development certificate to joint-venture partners Avino Mines & Resources (VSE) and Bralorne-Pioneer Gold Mines (VSE) for their Bralorne mine project …
Daren options Silver Dome
Junior Daren Resources (VSE) intends to acquire the Silver Dome property in Chelan Cty., Wash. To do so, it will issue 200,000 shares, carry out a feasibility study and issue a further 200,000 shares …
Redaurum expands River Ranch
As junior mining companies struggle to keep the great Canadian diamond hunt alive in the Northwest Territories, African diamond producer Redaurum (TSE) is preparing to triple production at its River R…
Northern Crown starts exploration at Mesa Galindo
Trenching and sampling are in full swing at the Mesa Galindo project in Mexico’s Sonora state. Northern Crown Mines (VSE) is examining the bulk-tonnage potential of several zones of gold-silver minera…
TSE adopts new disclosure rules
The board of governors of the Toronto Stock Exchange (TSE) has adopted a recommendation to require listed Canadian incorporated companies to disclose their approach to corporate governance in their an…
Laminco tests San Antonio
Plans to develop the Luz del Cobre copper deposit as an in situ leaching operation are on hold as Laminco Resources (TSE) evaluates the potential for bulk-tonnage gold mineralization. Luz del Cobre fo…
LETTER TO THE EDITOR — Similar geology found at East
Regarding the article “New type of gold in Canadian Shield” (T.N.M., March 6/95), I would like to draw your attention to the gold deposits within the Pontiac Supergroup at Malartic, Que., that were mi…
TSE INDICES (April 10, 1995)
— 1995 — Apr 4 Apr 3 Mar 31 Mar 30 Mar 29 High Low Composite”300″ 4251.76 4277.24 4313.61 4319.49 4299.00 4320.52 3983.34 Metals&Minerals 4148.04 4112.48 4152.24 4179.06 4145.16 4337.89 3273.56 Inte…