Feasibility study for Madsen mine
Toronto junior Madsen Gold (TSE) is conducting a feasibility study on its property near Red Lake, Ont. Funds are provided by a provincial government Norfund grant and a flow-through share issue. Prove…
News
Falconbridge shortens summer shutdown period
Claiming that a planned 10-week shutdown at its Sudbury operations would have a negligible impact on soaring nickel inventories, Falconbridge has shortened the summer shutdown to two weeks. “Falconbri…
Isotopic lab receives grant
A $110,000 provincial grant will enable Toronto’s Royal Ontario Museum (ROM) to continue researching the dating of rocks and minerals. The ROM’s Jack Satterly Geochronology Lab, which specializes in i…
Dufresnoy plans Temis purchase
Societe d’Exploration Miniere Dufresnoy (ME) is set to acquire all shares of the sole Quebec producer of dolimitic pellets. Subject to regulatory approval and a satisfactory due diligence, Dufresnoy w…
Int’l Platinum acquires lithium property
Toronto-based junior International Platinum (TSE) has acquired a lithium property 144 km northeast of Thunder Bay, Ont. A 55-metre-long channel sample from the 27-claim property yielded an average gra…
Geomaque, Noranda in property deal
A letter of intent has been signed, allowing Noranda Exploration to earn half of a gold/base-metal property in Bourlamaque Twp. east of Val d’Or, Que., Geomaque Explorations (CDN) reports. Noranda mus…
LATIN AMERICA ROUNDUP — Minefinders options Mexican
An option agreement has been concluded with a Mexican businessman to explore and develop the Dolores gold property in Chihuahua, Mexico, Minefinders (VSE) reports. Minefinders may assume total ownersh…
Cambior gives green light to Carlota copper project
The Carlota project in east-central Arizona is to start producing copper in the first quarter of 1995, Cambior (TSE) reports after having approved a feasibility study. Engineering and the construction…
Order of Canada for MacMillan
A past president of the Prospectors and Developers Association of Canada (PDAC), Viola MacMillan will be presented in April with the Order of Canada. MacMillan, 90, is a member of the Canadian Mining …
Corner Bay hits more high grade
A 3,400-metre definition drilling program at the Main Zone copper property, near Chibougamau, Que., has intersected high-grade copper mineralization over strong widths. Soquem is earning 30% of the pr…
Roadheader in use at New Bousquet No. 1 — Lac testing
The Bousquet No. 1 gold mine might be considered the poor cousin of the three mines owned and/or operated by Lac Minerals (TSE) in the Malartic area of Quebec. The Doyon, owned 50% each by Lac and Cam…
Rio Algom counts on copper earnings
By launching a major project in Chile, Rio Algom (TSE) has secured its future copper earnings, said President Colin Macaulay. The Cerro Colorado property, which is to reach full production in 1994, ha…