Feasibility study for Williams Creek
A feasibility study on the Williams Creek copper oxide project is expected by year-end. The project, 25 miles northwest of Carmacks, Y.T., and accessible by road, is owned equally by Western Copper Ho…
News
NEWS ROUNDUP — Mining begins at Tillicum
Underground mining is under way at the Tillicum gold property near Nakusp, B.C. The mining is part of an agreement giving Bethlehem Resources (TSE) and Goldnev Resources (VSE) the right to buy the Hei…
LAST BUT NOT LEAST — Wye settles property dispute
A 4-year dispute over ownership of the Saganaga gold property, 87 miles west of Thunder Bay, Ont., has been settled. Originally, Wye Resources (CDN) held a 60% interest in the 42-claim property, with …
LAST BUT NOT LEAST — Keno Hill files preliminary prospectus
Toronto-listed United Keno Hill Mines has filed a preliminary prospectus relating to an offering of an unspecified number of treasury shares. Proceeds of the transaction will repay short-term debt and…
LAST BUT NOT LEAST — South Arizona deals Zimbabwe play
A private Ontario company has made a deal to earn 45% of Southern Arizona Mining & Smelting’s (CDN) interest in the Magondi polymetallic property in Zimbabwe. Southern Arizona is earning a 75% interes…
LAST BUT NOT LEAST — Early redemption
Toronto-listed Northgate Exploration has called for redemption of its $40 million of 10% subordinated debentures issued in 1988. The redemption will occur 19 months ahead of the February, 1995, maturi…
Aquiline lands Mexican copper
To diversify its property holdings, Aquiline Resources (VSE) has acquired options on three copper projects in Mexico. The properties, which include the SJ, MDC and CLD, are easily accessible and featu…
PEOPLE (September 13, 1993)
MORGAIN MINERALS — Alfonso Daco appointed vice-president of Minera MGM S.A. de C.V. RICH COAST — Randall Pow appointed director. ORCANA RES. — Alfonso Daco appointed vice-president of Minera Orcana…
Minefinders tests Sawyer potential
The results of a 38-hole program representing 4,000 ft. at the Sawyer gold property in North Carolina indicate the potential for three open-pit zones, Minefinders (VSE) reports. One of the pits, to th…
LAST BUT NOT LEAST — RTZ selling Indal assets
Most North American operations of Toronto-based Indal are being sold to MB Caradon of the United Kingdom. Indal, owned by RTZ Pillar (a unit of New York-listed RTZ), is a diversified industrial compan…
THE LATIN BEAT — Gold Vessel releases trenching results
Alberta-listed Gold Vessel Resources continues to perform surface-trenching and geochemical sampling on its CHOCO-6 property in Venezuela’s El Callao district. So far, sampling has turned up two areas…
Rio Algom sells potash division assets
Toronto-listed Potash Corp. of Saskatchewan (PCS) will buy the potash division of Rio Algom (TSE) for $160 million, plus working capital. Rio retains a royalty interest in the relevant properties. Alt…