New Tri Origin reserve estimate
With the intersection of polymetallic mineralization in two more holes on its Lewis Ponds project in Australia, Tri Origin Exploration (TSE) has calculated a preliminary reserve estimate of 1.5 millio…
News
NEWS ROUNDUP — Reserve increase at Myra Falls
After milling 1.17 million tonnes last year, mine operator Westmin Resources (TSE) reported a significant increase in proven and probable geological reserves at its Myra Falls mine near Campbell River…
Echo Bay reports loss for 1992
Gold miner Echo Bay Mines (TSE) has reported a net loss of US$31.7 million last year, compared with net earnings of US$6.8 million in 1991. Contributing to the loss were writedowns of US$14.9 million …
Inco to reopen Garson mine in Sudbury
The Garson mine, one of the higher-grade nickel orebodies in Ontario’s Sudbury region, is being reopened by Inco (TSE) at a cost of $40.1 million. The company hopes that the deposit will be in full pr…
Cusac assumes ownership of Table Mountain project
Just over a year after announcing plans to purchase a 100% interest in the Table Mountain gold property, Cusac Industries (VSE) has finalized an agreement with owner Energold Minerals. The purchase in…
ODDS’N’SODDS — Safeguarding a rich Boylen orebody
I worked as a mine geologist at M.J. Boylen’s Key Anacon mine in New Brunswick for a year in the mid-1960s. In late 1965, I took a leave of absence for one month. When I reported back to work, Boylen …
Eurus drilling Albino concession
Assay results are expected shortly from a drill program by Eurus Resource (VSE) on the Albino concession in the Kilometre 88 area of eastern Venezuela. The property is a joint venture with Crystallex …
Canadians option project in China
The economic boom in the People’s Republic of China is being fuelled in part by burgeoning foreign investment in almost every industry sector. Asia Minerals, a private company formed by a group of Van…
Bitterroot studies garnet project
A sampling program to establish size and grade of a garnet resource is being planned by Bitterroot Resources (VSE) for its newly leased Williams property in Mohave Cty., Ariz. The road accessible clai…
Chase drilling returns higher copper, gold grades at Taysan
The first two holes from the initial phase of drilling at the Taysan copper project in the Philippines returned higher copper and gold grades than averages quoted in previous reserve estimates. Chase …
UP WITH AATTA!
MEND, OMEP, CORE, MDA, OMA, MABC, MNDM, GAC, MAC, FLIP, SLIP, BLIP, HIP. Enough! Enough! No more acronyms. Or if there must be acronyms, outlaw tongue-twisters like MNDM or MABC. MEND slips easily off…
Inco donates airfare
A gift from Inco Ltd. went to Brian Scholz, a third-year geological and mineral engineering student at the University of Toronto. Inco Chairman Michael Sopko has agreed to pay $1,400 for Scholz’s air …