1996

Faced with the continuing cost of keeping the Astoria mine on standby, Yorbeau Resources has decided to close it.The company will remove underground equipment from the mine, 3 km south of Rouyn, Que.,…

The Annic joint venture, an equal partnership between Tiomin Resources (ME) and Quebec Crown corporation Soquem, has acquired 53 sq. km on the North Shore of the Gulf of St. Lawrence in Quebec.The joi…

L. Reinertson to be appointed president and chief exectutive officer.

James Billingsley appointed director.

Terrence Lyons appointed president and chief executive officer.

Toronto-listed KWG Resources will buy 8 million units of Joutel Resources (TSE) at 40 cents per unit, for proceeds of $3.2 million.Each unit in the private placement consists of one subordinate voting…

John Wark appointed vice-president of exploration.

Not only has drilling confirmed the existence of more gold at the Kinsley mine of Alta Gold (NASDAQ); the new mineralized system may represent the most significant gold find in eastern Nevada in recen…

Robert Hunter appointed chairman and director; J. Villagran Ochoa appointed vice-chairman and director; Robert Dickinson appointed chief executive officer and director; David Jennings appointed presid…

Toronto-listed Crown Resources has acquired, through a private placement, another piece of Solitario Resources (TSE).Crown paid $3.6 million to buy 1.57 million units of the smaller company at $2.31 p…

Armistice Resources (ME) has completed a private placement of flow-through shares, raising $810,000 for exploration drilling and development at its Sheldon-Larder gold property east of Kirkland Lake, …

Minorca Resources (ME) will join with Indonesian-based PT Askatindo Karya Mineral to develop properties held by the latter in that country.Two of the Contracts of Work are on the island of Kalimantan,…