Richmont shares (December 23, 1991)
Golden North Resource (TSE) of Vancouver said it recently acquired 1.36 million shares (11.5% interest) of Richmont Mines (TSE). Richmont is the operator, and 50% owner along with LAC Minerals (TSE), …
News
Tyranex hits new zone at Tyranite
Tyranex Gold (CDN) has discovered a second, parallel zone on the northern extension of the former producing Tyranite gold mine in Knight and Tyrell twps., about 12 miles northwest of Gowganda, Ont. Re…
Imperial puts Mount Polley up for auction
Another copper-gold deposit has been put on the block in British Columbia. Imperial Metals (TSE) recently announced it is considering outright vending of 100% of the Mount Polley project northeast of …
Stanley to speak at CIM luncheon
The president of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), William Stanley, will be the guest speaker Dec. 9 at the monthly luncheon of the Toronto branch of the CIM. Stanley, …
EARTH magazine focuses on planet
A new magazine aimed at promoting understanding of the Earth was recently launched by Kalmbach Publishing Co. of Wisconsin. Titled EARTH, the magazine focuses on the geology and evolution of the plane…
Victor faces challenge of deep mining
The announcement by Inco (TSE) of a major nickel-copper find at Victor in northern Ontario raises a couple of big questions. At 8,000-8,500 ft. below surface in the highly stressed rocks of the Sudbur…
Wait for assays sends Fort Knox on frantic ride
Speculation over a second batch of results from Fort Knox Gold Resources’ (TSE) base metal play in Fawcett Twp., near Shining Tree, Ont., boosted the stock over the $3 mark during the first week of De…
Products in demand
No matter what the subject, you can always get a second opinion — if not a third and fourth. Take the question of the Canadian dollar. Few in the mining industry would argue against the need to keep …
Mahogany ups reserves at Tuina copper project
A recent hole on International Mahogany’s (TSE) Tuina copper property in Chile encountered a 90-metre intercept grading 1.55% oxide copper in the San Martin open pit. The company says the most recent …
International Musto eyes copper-gold deposit in Argentina
The share price of International Musto Explorations (VSE) was given a boost by speculation the company may acquire a bulk-tonnage copper-gold deposit in Argentina. The company recently announced it wa…
NEWS ROUNDUP (December 09, 1991)
New Legends Metals is commencing exploration on a 295-claim property near Casa Berardi, Que., held by Cross Lake Minerals (VSE) and Glen Auden Resources (TSE). New Legends plans to trace the full exte…
NO HEADLINE (December 09, 1991)
Giant Pacific purchasing Chutine’s Mexican project Giant Pacific Petroleum (VSE), controlled by Australian entrepreneur Chrisilios Kyriakou, has signed a deal with Chutine Resources (TSE) to acquire 1…