Unlisted Trading (April 06, 1992)
After trading in the 50-70 cents range on strong volume, Canmine Resources closed unchanged at 50 cents for the week ended March 31. Two additional holes on the company’s FER property in northern Mani…
News
Aur shareholders OK Teck agreement
Aur Resources’ (TSE) shareholders recently gave the green light to a financing deal with Teck (TSE) that allows Aur to fund its share of the development costs at the $326 million Louvicourt Twp. base …
Drilling continues at Bellas Gate (April 06, 1992)
More assay results were released by Golden Ring Resources (VSE) from an ongoing drilling program at the Bellas Gate copper-gold property in central Jamaica. A third vertical hole at the Connors deposi…
Drilling under way at Key Anacon
Toronto-based Rio Algom (TSE) will complete a minimum of 16,000 ft. of drilling on Key Anacon Mines’ (TSE) base metal property in northern New Brunswick this year as part of a 5-year option agreement….
Battle Mountain cuts 100 ft. of 0.17 oz. gold at Kirkland
A deep hole recently completed on Queenston Mining’s (TSE) Amalgamated Kirkland property at Kirkland Lake, Ont., has returned a 100.4 ft. interval grading 0.17 oz. gold per ton. Encountered at a verti…
Arimetco raising $25 million for acquisitions, development
Toronto-based cathode copper producer Arimetco International (TSE) is raising US$24.9 million for future acquisitions and for development of properties under its control. Midland Walwyn Capital and Sc…
Alberta Stock Exchange (April 06, 1992)
Another round of encouraging assays from the Bellas Gate property in Jamaica pushed Trev Corp up a penny to 20 cents for the week ended March 31. Results include 320 ft. grading 0.46% copper and 0.005…
New wash plant for Sikaman project (April 06, 1992)
A floating wash plant at the Goldenrae alluvial gold project in eastern Ghana, Africa, has failed to perform to specification and will be replaced this year by a new facility, shareholders of Sikaman …
Toronto Stock Exchange (April 06, 1992)
Taking their cue from Teck (TSE) and its chairman, Norman Keevil, investors moved into the market during the week ended March 31 to buy up shares of Aur Resources. Teck has shown confidence in Aur by …
Metall set to boost copper, zinc output
By developing Izok Lake and three projects outside Canada, Metall Mining (TSE) is hoping its share of copper production from international operations will increase to about 135,000 tonnes from 85,000 …
Land access committee pressured by green plan
“If you threw a dart at a map of Canada, chances are pretty good you wouldn’t hit a spot you could mine,” says Ralph Cheesman, acting chairman of the Mineral Industry Land Use Committee (MILUC). Since…
Mahogany, Lily bring Tuina on line
Joint venture partners International Mahogany (TSE) and North Lily Mining (NASDAQ) recently placed the Tuina copper project in northern Chile back into production. The companies spent a total of US$3 …