Investors await diamond evaluation
Although BHP-Utah Mines (TSE) won’t say when it plans to release an evaluation of diamonds taken from the Point Lake kimberlite in the Northwest Territories, Dia Met Minerals (VSE) is expected to have…
News
LETTER TO THE EDITOR (June 22, 1992)
We miners use little land, and we use it wisely and carefully. However, we need access to vast areas to find the rare geological occurrences we call “commercial ore deposits.” These “ore deposits” con…
Springhill puts warm water to use
The town of Springhill, N.S., is living up to its name. As many as 400 gallons per minute (gpm) of warm water are being drawn from the town’s infamous, and now derelict, coal mine. There are plans to …
MINER DETAILS (June 22, 1992)
Whether we’re ready or not, a global economy will be a reality of the next decade and century. And in this world of interdependence hurtling toward us, those that can’t accommodate cultural and social…
EDITORIAL PAGE (June 22, 1992)
The accepted wisdom is that all the easy finds in Canada have been made. Discoveries such as Hemlo a stone’s throw off the Trans-Canada Highway and Louvicourt in the shadow of Val d’Or’s existing head…
New Geddes CEO seeks dialogue
Geddes Resources (TSE) is changing its emphasis from exploration to public consultation in an effort to communicate more effectively with governments and opponents of its Windy Craggy copper project i…
Minnova intersects massive sulphides at Seneca project
High-grade massive sulphides were intersected by Minnova (TSE) over a drilled thickness of 10.5 ft. in a recent hole drilled on the Seneca property near Harrison Mills, in southern British Columbia. T…
Crown Butte cuts 247 ft. of 0.31 oz. at Montana project
An ongoing underground drill program at the New World property owned by Crown Butte Mines (TSE) is expected to result in a new reserve figure being calculated for the Homestake deposit, one of several…
LETTERS TO THE EDITOR (June 22, 1992)
As you can well imagine, the past month has been a tragic and hectic time for us. However, I wanted to drop you a note to say how much we appreciated the May issue of The Northern Miner Magazine featu…
NEWS IN BRIEF (June 22, 1992)
Iron King Mines Inc. (IRK:VSE) has changed its name to Coriente Resources Inc. (CTQ:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
NEWS ROUNDUP (June 22, 1992)
Shareholders of Homestake Mining (NYSE) will be meeting July 15 to vote on a proposed plan to acquire International Corona (TSE) through a share exchange. Homestake recently received clearance from th…
Kookaburra releases additional assays from Longshot Ridge
Additional assay results from drilling on the Longshot Ridge copper-oxide project were released by owners Kookaburra Gold (VSE). The property, near Hawthorne, Nev., hosts a large copper-oxide deposit,…