Drilling tests zone at Brewery Creek
Assay results were released by Loki Gold (VSE) from three of four holes drilled by partner Hemlo Gold Mines (TSE) at the Brewery Creek gold project near Dawson City, Yukon. The holes were drilled to f…
News
NEWS ROUNDUP — Some Westray charges withdrawn
More than half of the 52 charges laid by the government of Nova Scotia against the operator and four managers of the closed Westray coal mine have been dropped. Operator Curragh (TSE) and four manager…
Kam Kotia base metal property given new lease on life
In early 1992, after four years of negotiations, Falconbridge signed an agreement with the Ontario government which permits exploration to occur on the old Kam Kotia mine property near Timmins, Ont. T…
Virginia plans January drilling
A drilling program to confirm the source of mineralized boulders at the Sagar-III gold-uranium property in the Labrador trough area of Quebec should start in January, Virginia Gold Mines (ME) says. An…
Province reduces Potash ownership
Ownership of Potash Corp. of Saskatchewan (TSE) continues to shift more and more to the general public. The Saskatoon-based company said Saskatchewan’s interest in the potash producer is dropping to a…
Prime Equities targets Peace River
Promoter Murray Pezim’s Prime Equities International (VSE) is making a splashy entrance into the diamond exploration business by applying for mineral prospecting permits covering about 4.1 million acr…
PROFILE — Smith forges bond with Munk, staff at Barrick
Gold producer American Barrick Resources continues to fare well in the stock market although its primary commodity seems to have lost some of its lustre. .TPresident Robert Smith attributes the compan…
Exall, Barrick in Mexican deal
An agreement has been signed between Exall Resources (TSE) and American Barrick Resources (TSE) permitting the former to search for gold-mining properties in Mexico. The agreement is for one year and …
Funds available for granite studies
A pair of companies will receive financing from the Northern Ontario Heritage Fund Corp. to conduct feasibility studies on granite deposits, the Ontario government agency announced. Mantiou Stone (Can…
Skyline hires Placer executive
A former executive of Placer Dome (TSE) was recently appointed as a managing consultant to Skyline Gold (TSE), a Vancouver-based junior which owns the Johnny Mountain gold mine in northwestern British…
NEWS IN BRIEF (December 21, 1992)
Golden Peaks Resources Ltd. (GL:VSE) has changed its transfer agent to Montreal Trust Co.
LETTERS TO THE EDITOR — Salzburg’s location
In the annotation to Arvi Parbo’s excellent acceptance speech for the Georg Agricola medal (T.N.M., Oct.12/92), you say that the award ceremony took place in Salzburg, Germany. The city of Salzburg is…