Placer to sell Eskay interest
In concert with the planned combination of Stikine Resources and Prime Resources Group (TSE), Placer Dome (TSE) plans to sell its interest in British Columbia’s Eskay Creek project. Placer, which hold…
News
NEWS ROUNDUP — Gold at Slaven Canyon
Several gold intersections are reported from the Slaven Canyon property on Nevada’s Battle Mountain trend. Thirteen shallow holes were drilled to test a strong geochemical anomaly, and 11 of these int…
NEWS ROUNDUP — Gravity separation tested at Tiomin
Pilot plant gravity separation tests have now been completed on the bulk sample collected from the Natashquan heavy mineral sands deposit on Quebec’s north shore. Results of the tests, carried out at …
NEWS ROUNDUP — William explores gold, diamond bet
Junior William Resources (ME) has signed a letter of intent to acquire most of the ORIS 9 placer gold and diamond property in southeastern Venezuela. The concession is on the Oris River, in Bolivar st…
Nine new Mining Hall of Fame inductees
Nine new members will be inducted into the Canadian Mining Hall of Fame at a Jan. 10, 1994, dinner ceremony at Toronto. The nine were chosen from a list of 19 nominees announced previously by the Mini…
THE DIAMOND PAGE — Speculation mounts that some Lac de Gras
The rumor machine is in overdrive as speculation mounts that some type of merger may be in the works between junior companies involved with Kennecott in the Lac de Gras region of the Northwest Territo…
Fairfield completes bulk sampling
Based on underground test mining at its Siwash North gold project near Merritt, B.C., Fairfield Minerals (TSE) estimates mining costs will be less than US$150 per oz. A 230-ton bulk sample mined from …
OBITUARY — Robert Stevenson
Geological engineer Robert Stevenson has died suddenly in Vancouver. He was 67. A native of Hamilton, Ont., he graduated in 1952 from the University of Toronto with a BASc. degree in mining geology. H…
Ram claims record for raise
A member of the J.S. Redpath group of companies, Ram Raising, is claiming a world record for the longest Working at the Detour gold mine of Placer Dome near Timmins, Ont., Ram says it excavated a rais…
FACTS & FIGURES — New Mexico’s Mogollon district site of
The Mogollon mining district in southwestern New Mexico is one of those mining areas that always seems to be on the verge of a rebirth. Between 1885 and 1944, the district produced 2.1 million tons of…
New Teddy Bear program under way
Drills are turning on ground 1 km west of the Lightning zone in northeastern Ontario. The property is 40%-owned by Teddy Bear Valley Mines (CDN), 36% by Hemlo Gold Mines (TSE) and 24% by Freewest Reso…
STOCK MARKETS — Seniors seem indifferent to gold’s strength
Gold bullion closed strongly again this week, rising to US$377.15 per oz. Most of the senior gold shares, however, responded weakly. The exception was Franco Nevada. It gained $4.25 to close at $93 by…