Active quarter on the ASE
Record activity was experienced by the Alberta Stock Exchange during the first quarter. Volume during the 3-month period, at 431 million shares, was 97% higher than one year ago. The value of shares t…
News
Wilkie drilling uncovers sulphides
An intersection of sulphide mineralization has been encountered by Noranda Exploration at a property near Timmins, Ont. The discovery was made on a 26-claim block in Wilkie Twp., 70 km east of that ci…
Underground program for SB project
A $520,000 underground program will begin mid-May on the SB joint venture near Stewart, B.C. Costs will be shared equally by partners Tenajon Resources (VSE) and Westmin Resources (TSE). In 1991, the …
PEOPLE — SWANNELL MINERALS
Carlo Civelli appointed vice-president, finance Europe.
PEOPLE — LANSDOWNE MINERALS (April 26, 1993)
Champlain Charest appointed director.
Drill program at Lac Anctil
Magnetic and induced polarization surveys have been completed by Westminer Canada on the Lac Anctil property near Chibougamau, Que., Greater Lenora Resources (TSE) reports. Lenora says drilling will c…
Myanmar prospects
The Gold Potential of Myanmar (Burma). A Compilation & Assessment of Published Geological Data, by R. Rumbold et Associes, P.O. Box 13, Kingbridge, Devon TQ7 1NS, U.K. More than 60 pages of text. US$3…
DHK discovery boosts Lac de Gras potential
Another significant diamond find in the Northwest Territories has removed any remaining doubts about the potential for economic deposits outside the 800,000-acre block held by partners Dia Met Mineral…
Placer planning acquisition of Alligator Ridge operations
Following the purchase earlier this year of a block of ground next to its Bald Mountain property in Nevada, Placer Dome (TSE) plans to buy all the remaining Alligator Ridge assets owned by USMX (NASDA…
Noranda Minerals benefits from strong 1992 performance
Despite a faltering economy and declining metal prices, Noranda Minerals, a unit of Noranda (TSE), performed strongly in 1992. Net earnings of $79 million (10 cents per share) were posted last year, c…
Focal drills Alberta prospect
Four holes have been drilled by Focal Resources (ASE) on a metallic mineral lease in northeastern Alberta. Each vertical hole, 50 ft. in length, encountered widespread mineralization. Significant inte…
Zigarlick to speak on transportation in the Arctic
John Zigarlick, former vice-chairman of Echo Bay Mines, will discuss the challenges of Arctic transportation at an April 30 luncheon here of the Canadian Institute of Mining, Metallurgy and Petroleum …