Waterland leaving Mining Association
Effective March 1, Gary Livingstone will become president and chief executive officer of the Mining Association of British Columbia, replacing Tom Waterland who resigned to pursue a new career. Living…
News
Teck to cancel Montgay option
Following a small drilling program on the Montgay property about 55 km northeast of Val d’Or, Que., Teck (TSE) indicated its intention to terminate the option, William Resources (ME) reports. Previous…
Virginia funding
Virginia Gold Mines (ME) says it has completed two private placements worth a total of $326,000 with Marleau Lemire Securities Inc. ($150,000) and eight officers of Virginia ($176,000). The placements…
Inco office workers opt for underground jobs
Sixteen Inco (TSE) office workers, including five women, have volunteered to be in the first group to attend the company’s mining school on March 1. Last December, Inco announced that 86 office staff …
Metals sub-index edges up slightly
The metal and mineral sub-index of Scotiabank’s commodity price index edged up slightly in December, after a sharp decline in November. However, market conditions in early 1993 remain soft. In Japan a…
Wye cuts gold at Saganaga Lake
Recent drilling by Wye Resources (CDN) on its Saganaga Lake property 85 miles west of Thunder Bay, Ont., has encountered further gold mineralization. Three holes totalling 500 ft. were drilled in Dece…
Canarc plans Polaris-Taku work
With the purchase of 94% of the outstanding shares in Suntac Minerals (VSE) now complete, Canarc Resource (VSE) is reviewing financing alternatives for further exploration and development work at the …
Pacific Talc continues tests
With a processed 150-tonne bulk sample of talc product on hand, Pacific Talc (VSE) is proceeding with further proprietary processing to produce a wettable talc pigment for large-scale testing by three…
Raymor tests La Motte sample
A preliminary study by the Centre de Recherches Minerales in Quebec City on a sample from a lithium property in La Motte Twp. near Val d’Or, Que., determined that the best concentration process is flo…
NEWS ROUNDUP — Gibraltar North not economic
An evaluation of the North copper zone by Gibraltar Mines (TSE) resulted in a decision not to proceed with development of the deposit as part of the company’s mining plan. The zone will not be include…
NEWS ROUNDUP — Starmin, Adex drill at Negros
Partial assays from drill hole 93-01 within the copper zone of the main orebody at the Asia Pacific project on the Philippine island of Negros intersected 285 ft. (50-335 ft.) of 0.68% copper, Starmin…
Newfoundland makes changes to mineral exploration policy
Several changes in mineral exploration legislation were recently announced by the Newfoundland and Labrador government, including: — The term of the exploration licence is increased to 20 years from …