Cercal finishes second drill hole
A second hole (No. 93-12) on Cercal Mineral’s (ASE) base metal property in Portugal has been completed, to a depth of 620 metres. The hole, drilled to test gravity anomaly A, intersected felsic tuff a…
News
Denison projects turned down
A joint federal-provincial panel has wagged a prohibitive finger at two Saskatchewan uranium projects involving Denison Mines. The panel, set up to examine the economic and environmental impact of sev…
Sagging nickel markets pummel Inco earnings
A continued deterioration in world nickel markets was a major factor in the third-quarter operating results of the primary metals business of Inco (TSE). The company was hit by rising inventories and …
Waddy wins approval to bulk-sample Komis
Toronto-listed Waddy Lake Resources has won provincial approval to carry out bulk sampling at its Komis gold deposit in northern Saskatchewan. To establish vertical and lateral grade continuity, the c…
OPINION — Separate northern status advocated
Territorial status for northern Ontario would mean northerners would be able to revive their mining and forestry industries. The multiple use of land would have to be the basis for any resource policy…
NEWS ROUNDUP — Goldstream drilling under way
A 4-hole program is under way at the Goldstream mine property near Revelstoke, B.C. Joint owners Bethlehem Resources (TSE) and Goldnev Resources (VSE) are testing targets immediately south of the Gold…
THE DIAMOND PAGE — Equity Investments suing Fipke,
The Lac de Gras diamond play in the Northwest Territories has taken another litigious turn. In a lawsuit filed in the Supreme Court of British Columbia, Equity Investments (ME) alleges it was “imprope…
PEOPLE — BELMONT RESOURCES (November 01, 1993)
Paul Pang elected presi- dent and director; Kenneth Liebscher, Gary Musil and Jake Bottay appointed directors.
Mid-Continent Diamonds volume
Mid-Continent Diamonds, Mineral Deposits Division, Geological Association of Canada, edited by Kathryn Dunne and Brian Grant. 158 pages. $25 for members, $30 for non-members (plus postage: Canada $4.5…
Falco confirms Kidd expansion
Falconbridge has confirmed earlier reports (T.N.M, Sept. 6/93) that it has found “significant extensions” to the Kidd Creek orebody in Timmins, Ont. “The main orebody is now known to continue downward…
PEOPLE — SHAMROCK RESOURCES (November 01, 1993)
Peter Kutney Hugh Mogenson and O. Devlin appointed directors.
NEWS ROUNDUP — Euro-Nevada issues 1.1 million units
Euro-Nevada Mining (TSE) is going to the market with a minimum 1.1-million-unit issue of common shares and warrants. Each unit will be priced at $38 and the common share purchase warrants will be exch…