Survival plan for St Andrew
Recent losses are taking their toll on St Andrew Goldfields (TSE). The small gold producer filed an application under the Company’s Creditors Arrangement Act, seeking a stay of proceedings and authori…
News
EXPLORATION ’94 — Exploration enhancing Petaquilla project
Exploration programs carried out by Adrian Resources (TSE) are continuing to enhance the potential of the company’s land package in Panama. Teck (TSE) recently agreed to fund a feasibility study on th…
THE DIAMOND PAGE — A-154 results brighten spirits of
Drilling on the A-154 kimberlite prospect in the Lac de Gras area of the Northwest Territories is returning consistent results for 40-60 partners Aber Resources (TSE) and Kennecott. Hole 5, drilled in…
EXPLORATION ’94 — Copper values at Cashin
Drilling on the Cashin property in western Colorado is confirming the presence of a large, disseminated copper deposit. Summo Minerals (VSE) can acquire the property by paying an aggregate of US$900,0…
Normabec options Noyell
Montreal-based Normabec Mining Resources (ME) can acquire a half interest in the Noyell gold property in Quebec from Soquem. To do so, it must spend $400,000 on exploration over three years, including…
Great Lakes advances Lluvia de Oro
Development of a second gold deposit is in the works for Great Lakes Minerals (TSE). With cash flow expected by year-end from its 20%-owned Grouse Creek gold mine in Idaho, the company has commissione…
Drill program at Eagle River
Surface drilling at the Eagle River gold project near Wawa, Ont., continues to return encouraging results for River Gold Mines (TSE). The project, which wound up late this month, involves stope defini…
Spot prices at a glance (November 28, 1994)
Week’s Price (US) Change Gold* $384.50 – $1.00 Silver* $5.17 – $0.02 Platinum* $410.50 – $3.90 Nickel** $3.44 – $0.06 Lead** $0.30 – $0.01 Copper $1.26 – $0.04 Zinc $0.52 – $0.02 Courtesy of Scotiaban…
Antares explores Lady Lina play
Diamond drilling and underground development at Antares Mining and Exploration’s (TSE) Lady Lina gold property in Zimbabwe continue to yield favorable results. The company’s efforts have focused on th…
EDITORIAL PAGE — The entrepreneurial ethic
In early 1995, eight individuals will be officially inducted into the Canadian Mining Hall of Fame. They will join the group of 54 who have been honored since the Hall was established seven years ago….
EXPLORATION ’94 — Drill Program at Whistle Lake
Drilling by Noranda Exploration, a subsidiary of Noranda (TSE), is under way at the Whistle Lake property, about 80 miles north of Thunder Bay, Ont. The property, which is held equally by Internationa…
COMMENTARY — Encourage exploration now
The time for action is now, says Helene Cartier, an engineer and lawyer with gold-producer Cambior who has been speaking to industry audiences throughout Quebec on behalf of the “Keep Mining In Canada…