News

Wrightbar Mines (ME) has optioned three lithium properties in northeastern Quebec from Abitibi Lithium Corporation, a private company in Val d’Or, Que. Abitibi will receive $25,000 in cash, 2.2 millio…

Step-out drilling at the Prairie Creek project in the Northwest Territories continues to return massive sulphide zinc-lead-silver mineralization. San Andreas Resources (VSE), currently earning a 60% i…

Last year marked the 33rd consecutive year of profits and dividends for Rio Algom (TSE). In 1992, the company posted a net profit of $39.4 million on revenues of $1.03 billion. At the annual meeting i…

Two parallel kaolinite zones have been discovered by Bruneau Minerals (ME) on its De Salaberry Twp. property, 120 km northwest of Montreal. The zones were delineated by magnetic and electromagnetic (V…

Gold equity markets throughout the Western world have all recorded strong performances since the inauguration of U.S. President Bill Clinton in mid-January. Leaving aside the reasons for our current b…

Although a recent Burns Fry report rates the impact of a proposed royalty on Glamis Gold (TSE) as “severe” (T.N.M., April 26/93), the rating applies only if a royalty is placed on all U.S. reserves, i…

The Colorado Mining Association recently elected Kit Kimball to the position of chairman. Kimball is the first woman to be elected to the top leadership position of the association in its 117-year his…

Lynford Pearson appointed director.

Donald Downing appointed president.

Steven Stetsco appointed director.

Ritchie Bogle appointed president; Ralph Klimove, Kenneth Holmes and Helen Baker appointed directors.

James Lenec appointed director.