Abel Lake seeks project partner
Privately owned Abel Lake Resources is in the market for an exploration partner for its northeastern Ontario prospect following the withdrawal of property option holder Royal Oak Mines (TSE). Abel Pre…
News
Encouraging gold values in FER core
Recent assays from the FER copper-zinc property in northern Manitoba include encouraging gold values, reports Canmine Resources (CDN). Holes FER-3 and FER-4 intersected three sulphide-bearing lenses g…
KWG, SEG plan more drilling to test Granada
Results from the drilling of the two easternmost sections investigated by a recent program (on the No. 1 zone) at the Granada gold project near Rouyn-Noranda, Que., indicate that the system is open on…
Starmin plans warrant offering
Toronto-based Starmin Mining (TSE) says it has negotiated an agency agreement with Yorkton Securities for a private placement of 312,500 special warrants at 72 cents per warrant, on a best efforts bas…
Troymin to focus on Lac de Gras
Calgary-based Troymin Resources (ASE) says it will focus its exploration efforts on the Lac de Gras diamond play in the Northwest Territories this year. Troymin holds a 20% interest in about 96,000 ac…
74 juniors, by latest tally, directing efforts to Mexico
As the bigger companies downsize their exploration efforts in North America, the emphasis on Mexico has mushroomed to the point where there are now at least 74 Canadian and a handful of U.S. firms con…
Harcourt offers moral support but little else for B.C. mining
We don’t want to see mining become a sunset industry,” British Columbia Premier Michael Harcourt told an industry audience during Mining Week ’92, a recent symposium sponsored by the province’s Mining…
Placer to option McFinley project
McFinley Red Lake Mines (TSE) expects to solve some of its recent troubles by optioning its 30-claim Bateman Twp. gold project near Red Lake, Ont., to Placer Dome (TSE). The two companies have signed …
Eastmaque, Equinox merger gains shareholder approval
Shareholders of both Equinox Resources (TSE) and Eastmaque Gold Mines (TSE) recently approved the merger of the two companies leaving Equinox the surviving entity. The companies expect to complete the…
Osborne issues shares, debt
Osborne and Chappel Goldfields (TSE) says it will proceed with previously announced private placement by issuing 1.5 million common shares at a price of 10 cents per share. The company will also issue…
LETTERS TO THE EDITOR (March 23, 1992)
A story on the deep drilling Kola project in the former Soviet Union near the Norwegian border (T.N.M., Dec. 23/91) identified the U.S. publication CSD News as the source of the information. Several r…
PEOPLE (March 23, 1992)
CYPRUS CANADA — Steven Parry appointed district manager, exploration for eastern Canada. POTASH AND PHOSPHATE INSTITUTE — Robert Connochie elected chairman of the board. CONS. IMPACT RE-SOURCES — F…