News


Iceberg sinks Nanisivik zinc

A shipment of zinc concentrate from the Nanisivik mining operation on Baffin Island of Conwest Exploration (TSE) is lying on the ocean floor after the ship it was being carried on struck an iceberg. C…


Kingswood plans to drill deep hole

A 3,300-ft. hole designed to test the Phelps Dodge copper-zinc deposit near Matagami, Que., at depth is scheduled to begin by the end of the month, says Kingswood Explorations (ASE). Earning a 100% in…


Deak’s backers show confidence with share purchase

On paper, it sounds like a great idea. You combine the assets of three exploration companies with holdings in an established northern Ontario mining camp. You acquire an aging gold mine and 4,500 ton-…


Mines ministers to meet in Halifax

Mines and energy ministers from across Canada will meet in Halifax, Sept. 22-27, for the 48th annual Mines Ministers’ Conference. “We’re expecting about 200 delegates, including the ministers themselv…


Alberta Stock Exchange (September 23, 1991)

Trading heavily, Dunfrazier Gold Explorations picked up 10 cents to close at 65 cents during the week ended Sept. 17 as the company concluded a merger deal with Interlock Steel. Interlock, a manufactu…


Varitech uncovers enriched zone

Recent drilling on the Big Onion property near Smithers, B.C., intersected a near-surface enriched copper zone, Varitech Resources (VSE) reported. The company said holes BO-91-1 to 4 of the 1991 phase…


Bema step closer to Refugio financing

The appointment of a lead banker and syndication manager brings Bema Gold (TSE) one step closer to arranging financing for its 50% owned Refugio gold project in Chile. Sharps Pixley, the bullion tradi…


NO HEADLINE (September 23, 1991)

QPA delegates look to future The Quebec Prospectors Association (QPA) attracted about 440 delegates to Rouyn-Noranda, Que., this year to its annual convention, theme of which was “Exploring to secure …


Uranerz, Cameco recover more diamonds at Fort

Equal partners Uranerz Exploration and Mining and Cameco (TSE) have recovered 160 diamonds from kimberlites on their Fort a la Corne prospect east of Prince Albert, Sask. Although the average weight o…



Globex, Hemlo announce assays

Gold values were encountered in five holes drilled this summer at the Duquesne West property in Duparquet Twp., Que., Globex Mining Enterprises (ME) reported. The most significant intersection, the ju…


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