News

Arimetco gets copper values above Ann Mason deposit

Copper oxide specialist Arimetco International (TSE) recently obtained some encouraging results from drilling at a huge copper deposit located three miles from its Yerington mine in Nevada. The revers…






Freewest keen on Benoit claims despite dispute

Government bureaucracy and a claims dispute are holding up exploration work on what is probably the best gold discovery in Quebec in the last year, says Mackenzie Watson, president of Freewest Resourc…


Champion Bear starts drilling

Calgary-based Champion Bear Resources (ASE) has moved two drill rigs on to its Oneman Lake property, which stretches for 25 miles along the Separation greenstone belt north of Kenora, Ont. The propert…


Financing progress for Parys

Raising money for new mine projects is no easy task for junior companies these days, which explains the slow but steady progress being made by Imperial Metals (TSE) to arrange financing for the Parys …


McKee takes on some risk of cost overruns at Refugio

Vancouver-based junior Bema Gold (TSE) has taken advantage of the competition between engineering firms to narrow the risk of building its 50% owned Refugio gold project in Chile, says Chairman Clive …


Drilling may expand Samatosum mine

Additional drilling on the Gold zone at the Samatosum mine near Adams Lake, B.C., indicates that the life of the mine will be extended. The Samatosum, with current reserves good until October, 1992, i…


Newmont tests bioleaching for Carlin refractory ores

Already North America’s largest gold producer, Newmont Mining (TSE), has joined the race to be the first U.S. company to successfully use the gold recovery process known as bioleaching. A number of No…


OBITUARY (October 21, 1991)

Harry Michie, who for 40 years was active in the Canadian gold mining industry as a geologist, recently died in Toronto. He was 66. For almost two decades, Michie was associated with the Coniagas Mine…


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