PDAC convention
Scheduled for March 28-31, 1993, at Toronto’s Royal York Hotel will be the international convention of the Prospectors and Developers Association of Canada. With its focus on “Risks and opportunities …
News
GUEST COLUMN — Mexico: A mining man’s dream?
Mexico is experiencing a modern-day exploration boom, the direct result of radical changes to its mining laws. Rich in minerals, the country is the world’s largest supplier of silver and exports large…
Australia counts on its minerals
Mineral resources have contributed greatly to Australia’s growth and continue to do so, a luncheon gathering of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) w…
Meikle to address CIM audience
Guest speaker at a Nov. 26 luncheon sponsored by the Toronto Branch of the Canadian Institute of Mining, Metallurgy and Petroleum will be Brian Meikle. He will give an update of his namesake project i…
NEWS ROUNDUP — More drilling success at Myra Falls
Drilling by Westmin Resources (TSE) is continuing to intersect impressive ore-grade mineralization in the Battle and Gap zone discoveries at the Myra Falls mine property near Campbell River, B.C. A re…
Ontario gives grants for research, cleanup
Three environment-related research and cleanup projects will receive grants from Ontario’s Ministry of Northern Development and Mines. The ministry will contribute $15,000 to Falconbridge Ltd.’s study…
NEWS ROUNDUP — Formosa finalizes financing
The terms of a financing agreement were settled between Formosa Resources (VSE) and its major shareholder, respecting the US$2.09 million advanced to Formosa for ongoing operating expenses. The compan…
NEWS ROUNDUP — Freegold signing on 007 as partner
An agreement-in-principle sets the stage for 007 Precious Metals (VSE) to earn a majority interest in Freegold Recovery’s (VSE) interest in the Golden Summit project near Fairbanks, Alaska. The terms …
Yellow Point drops venture
A joint venture agreement allowing Yellow Point Mining (VSE) to earn an interest in the Kasperske Hory gold deposit in Czechoslovakia was recently terminated. Yellow Point President Thomas Tough said …
Nova-Cogesco offer
An offer to purchase 3.3 million common shares of Nova-Cogesco Resources (TSE) by NCG Acquisition has been extended to Nov. 9 from Oct. 30. NCG, an affiliate of Hughes Lang (VSE) and Orofino Resources…
Goldex paying $2.05 million for Goldex Extension interest
A member of the Agnico-Eagle Mines (TSE) group of companies, Goldex Mines (TSE), has agreed to pay Montreal-based junior Ormico Exploration (ME) $2.05 million for its 40% interest in the Goldex Extens…
New Canamin drilling focuses on high-grade copper core
A drilling program at the Huckleberry property under option to New Canamin Resources (VSE) continues to return excellent copper values. The company is proceeding with a second-phase drilling program t…