Financing (November 29, 1993)
Callisto Res. — 1,600,000 shs @ 10 cents. Dalton Res. — 2,000,000 shs @ 10 cents. Early Res. — 1,500,000 shs @ 10 cents. Euro-Nevada Mining — 1,100,000 units consisting of sh and purchase wt @ $38…
News
EXPLORATION ’93 — Louvicourt on-line for 1994 production
Development of the Louvicourt base metal deposit, near Val d’Or, Que., is proceeding as planned, with production expected to begin in July, 1994. “We are very pleased with the progress of the project …
EXPLORATION ’93 — Rea Gold follows growth strategy
When Canadian mining companies fled to the warmer political climes of South America, Rea Gold President James Hogan manoeuvred his Toronto-listed company through North America, snapping up bargain pla…
EXPLORATION ’93 — Kimberlite core draws Le Tac staking
When Jean-Jacques Martel opened the trunk of his car in downtown Montreal in July, 1992, to show core samples from Le Tac Twp. to geologist Peter Smith, the two knew they were on to something big. Mar…
EXPLORATION ’93 — Iron formation targets pursued in N.W.T.
Although diamonds are by far the target of choice for most explorers in the Northwest Territories, several companies are investigating properties containing iron-formation-hosted gold mineralization. …
EXPLORATION ’93 — Stock market business booms
Investors in Canadian stocks have been out in full force this year. The Toronto Stock Exchange in particular has been on a roll, setting records for value of trading, and daily, monthly and annual vol…
EXPLORATION ’93 — Helicopter handles heavy loads
A Boeing 234 Chinook helicopter was used in September and early October to help mobilize heavy mining equipment and supplies to two sites in the Lac de Gras area of the Northwest Territories. The Chin…
EXPLORATION ’93 — Gregor drills Hemlo property
Having performed stripping and mapping, Gregor Goldfields (CDN) now plans to complete a 10,000-ft. drill program on its Marathon gold project. Surface samples from the 264-claim property, near Hemlo, …
EXPLORATION ’93 — Several influences reshaping international
Uranium and its uses have been controversial since the metal was first put to military use in the 1940s. Commercial use followed in the 1950s. Like gold, a lot of uranium has been mined over the years…
EXPLORATION ’93 — Alberta brine deposits host industrial
An industrial minerals industry based on substantial brine deposits is unfolding in Alberta. Under investigation are potential deposits scattered throughout the province, five of which have been ident…
EXPLORATION ’93 — Bechtel active in Latin America
Engineering-construction firm Bechtel reports that associations it has made in Mexico, Venezuela, Chile and Brazil have begun to bear fruit. Bill Friend, in charge of the company’s Latin America effor…
Lithoprobe survey may aid in search of diamonds in Manitoba
Diamond hunters in Saskatchewan and Manitoba may soon have a new target area if the latest Lithoprobe survey over the Trans-Hudson Orogenic belt confirms the presence of a new Archean-aged craton. Sei…