Miners must fight criticism
Regarding John Sadowski’s letter (T.N.M., Mar. 16/92), it’s easy to criticize and it seems that is what everyone would rather do than put their shoulders to the wheel and help to correct the sad state…
News
EDITORIAL PAGE (April 06, 1992)
The opportunities for mineral exploration outside of Canada are certainly inviting, and many Canadian companies are taking advantage of other countries’ efforts to attract mining investment. It is wor…
Ontario premier vows support for mining industry
The premier of Ontario took a positive approach in replying to the concerns expressed by the Save Our North campaign at the annual convention of the Prospectors and Developers Association of Canada in…
Aurex options Chilean tailings
Through the transfer of an agreement from Hughes Lang (VSE), Aurex Resources (VSE) has acquired an option on a large tailings project in Chile about 55 km southwest of Santiago. Hughes Lang signed a l…
Kalahari options Nano project in Mexico from Northern Crown
Albert Applegath’s Kalahari Resources (VSE) recently entered into an option agreement to earn 100% of the Nano oxide copper-gold property near Alamos, Mexico, from Northern Crown Mines (VSE). Kalahari…
Spot prices at a glance (April 06, 1992)
Week’s Price (US) Change Gold* $343.75 + $2.50 Silver* $ 4.15 + $0.04 Platinum* $360.25 + $6.75 Nickel** $ 3.41 + $0.13 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.58 + $0.03 Courtesy of Scotiaba…
Galico to drill at Hurdman Twp.
Galico Resources (VSE) plans to drill five holes on Noront Resources’ (VSE) property in Hurdman Twp., Ont., before spring breakup. The program is designed to test the strike and depth potential of Nor…
NEWS ROUNDUP (April 06, 1992)
With financial support from the provincial and federal governments, Renfrew Gold Contracting is taking a bulk sample from its gold property in Nova Scotia. The ore extracted from the surface will be p…
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…
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….