1996

PEOPLE — ADDA RES.

Rene Carrier and James Hutchison elected directors; Brian Doutaz appointed president and chief executive officer.



Pegasus settles Zortman dispute

A settlement has been reached in a dispute involving Pegasus Gold (PGU-T), the U.S. Environmental Protection Agency, the state of Montana and local natives over water quality at the Zortman gold mine …



Newhawk finds buyer for Bruceside

Canamera Geological has been given the exclusive right to acquire Newhawk Gold Mines’ (NHG-T) 60% interest in the Bruceside-Sulphurets property in British Columbia for $8 million.The property, 37 mile…



Golden Star, Cambior move to feasibility

Drilling at the Gross Rosebel project in Suriname has enabled Cambior (CBJ-T) and Golden Star Resources (GSC-T) to expand reserves.The partners are in the midst of a 35,000-metre drill program aimed a…



New zone found at Angostura

Drilling at the 1,750-hectare Angostura project in northeastern Colombia has identified a new gold-silver chert zone, about 1 km southwest of the Veta de Barro area.The drill program is funded by Chur…


PEOPLE — ARAUCO RES.

Kerry Knoll appointed chairman and chief executive officer; W. Golroy appointed president, chief operating officer and director; Derek Price appointed vice-president of finance and chief financial off…


Eastfield, Prism advance gold properties in Nevada

The Tonapah district has a mining history dating back nearly a century, and now a chapter is about to be written by two Canadian juniors.Eastfield Resources (ETF-V) and Prism Resources (PRN-V) are ope…


USMX lands option on Ophir district

The Alaskan Department of Natural Resources has granted USMX (USMX-Q) the exclusive right to explore the Ophir mining district in the west-central region of the state.Historically, placer deposits in …


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