News

Research projects to be discussed

Technical information sessions dealing with the conclusions of 13 research projects funded under Quebec’s Mineral Development Agreement with the federal government have been organized for Feb. 25 at V…


Northway funds

Northway Explorations (TSE) says it has arranged a private placement of 1.25 million shares at 12 cents per share, for a total consideration of $150,000, with Jonpol Investments Ltd., subject to share…


Loki updates reserve estimate

An updated preliminary reserve calculation was released by Loki Gold (VSE) for the Brewery Creek gold project near Dawson City, Yukon. Loki has earned a 49% interest in the bulk-tonnage property from …


PDAC Perspectives (February 03, 1992)

Canadians are being requested to think about and talk about — competitiveness. The implication of the new Ottawa initiative is that if we work harder and work smarter for less money, we will all beco…


OBITUARY (February 03, 1992)

Charles Salter, former vice-chairman of the Ontario Securities Commission (OSC) who took an active interest in junior mining companies, died recently. He was 62. A lawyer by profession, Salter special…


5 (February 03, 1992)

With reference to “Crude will take Eagle River to production with or without’ Hemlo” (T.N.M., May 20/91), the solution for Central Crude for the financing of the Eagle River gold deposit in northern O…



PROFILE (February 03, 1992)

Despite the economic slump, Dickenson Mines reported record improvements in earnings for the nine months ended Sept. 30, 1991: $6,217,000 (35 cents per share) compared with $2,591,000 (15 cents per sh…


Course examines environmental issues

A 2-day course on exploration and environmental issues is being offered by the British Columbia & Yukon Chamber of Mines, with course content assembled by Norecol Environmental Consultants. The short …


Newmont, Barrick in joint effort

An agreement in principle has been reached between gold producers Newmont Gold (NYSE) and American Barrick Resources (TSE) for joint co-operation in the development of their common areas in the northe…


Anglesey meets roadblock in bid to finance Parys

The Parys mine project in North Wales may not go into commercial production next year as the United Kingdom’s biggest ever base metal mine. The operation was to have produced zinc, lead, and copper co…


Vangold drills Iron Colt vein

Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft. The intersection includes an…


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