BOOKS IN REVIEW (September 02, 1991)
Rocks and Minerals for the Collector: Sudbury to Winnipeg, by Ann Sabina. Published by Geological Survey of Canada. 601 Booth St. Ottawa K1A 0E8. This handy guide depicts the occurrences of minerals, …
News
Placer Dome options project in N.W.T. from Noble Peak
Vancouver gold miner Placer Dome (TSE) is poised to take a close look at Canada’s second largest Archean greenstone belt after optioning Noble Peak Resources’ (ASE) Southwin gold project in the Northw…
NEWS IN BRIEF; FINANCING
Armenex Resources Canada Ltd – 800 units consisting of 1,750 shs and 1,250 flow through shs offered @ $600,000 per unit. Bradsue Resources Ltd – 600,000 units consisting of 1 sh and 2 wts offered @ 40…
PEOPLE (September 02, 1991)
James Watt appointed president.
Correction (September 02, 1991)
The participation of Westfield Minerals and Whim Creek Consolidated in the WX syndicate (T.N.M., Aug. 26/91) was incorrectly reported by NovaGold Resources (TSE) in a press release. NovaGold has an op…
EDITORIAL PAGE (September 02, 1991)
There are few rays of sunshine for junior gold companies these days. The precious metal has lost a great deal of its lustre over the past decade. The gold price has been on a downtrend since the Ameri…
LETTERS TO THE EDITOR (September 02, 1991)
Further to the article “Temagami claims’ status uncertain following court decision,” by Virginia Heffernan (T.N.M., Aug. 26/91), I would like to make the following points. — The Sudbury anomaly is 60…
Inco to invest in African diamonds
Nickel producer Inco (TSE) will try its luck in the diamond business after signing an agreement with the government of Ghana. In a joint announcement with Lazare Kaplan International, a New York-based…
Tantalus moving drill to test new zone at Treaty Creek
A drill rig is being moved to test the recent discovery of a new zone of base and precious mineralization on the Treaty Creek property in northwestern British Columbia. The prospecting discovery was m…
Canadians respond to Mexican investment changes
Many major Canadian mining companies have opened offices in Mexico in response to a series of changes instituted by the Mexican government to make the mining industry more attractive to both foreign a…
FMC options gold prospect from Vera Cruz
According to a recent joint venture agreement, a unit of FMC Gold (NYSE) is about to begin an exploration program on a gold prospect held by Vera Cruz Minerals (VSE) near Carrizozo in Lincoln Cty., N….
QPA convention set for Sept. 11-13
The annual convention of the Quebec Prospectors Association will take place Sept. 11-13 at Rouyn-Noranda, Que. Theme of the 1991 convention is “Exploring to secure the future.” In addition to the usua…