Tri Origin resumes drilling
A 2,000-metre program is under way at the Lewis Ponds polymetallic prospect in Australia, reports Tri Origin Exploration (TSE). The drilling is intended to expand a known inventory of 1.5 million tonn…
News
ODDS’N’SODS — High-stakes poker games one cure for cabin
The isolation of many mining camps can affect workers in various ways. Over the years, and at numerous operations, I have observed that the poker game is most likely to occupy idle miners. At times, t…
Etruscan to test Hackett property
A $500,000 private placement by Etruscan Enterprises (VSE) will be used to explore its Hackett River property, 160 km northeast of Lac de Gras, N.W.T. The placement consists of 320,513 shares at a pri…
EDITORIAL PAGE — Well-deserved honor
It came as absolutely no surprise that Dia Met Minerals’ Charles Fipke was crowned Prospector of the Year at the annual convention of the Prospectors and Developers Association of Canada. He was the h…
Safety program tested at Cluff Lake
Workers at Cogema Canada’s Cluff Lake uranium mine in northern Saskatchewan are the first in Canada to use a training program in radiation protection. Designed at the Canadian Institute for Radiation …
LATIN AMERICA ROUNDUP — Orvana raises exploration funds
Proceeds of $1.3 million were raised by Orvana Minerals (TSE) from the sale of two million shares to Goldcorp (TSE) of Toronto. Goldcorp owns 4.3 million shares of Orvana and about 1.13 million common…
Crown Butte raises $10 million
A private placement will provide Crown Butte Resources (TSE) with $10.7 million for ongoing work at its New World gold-copper-silver project in Park Cty., Mont. The company is 60%-owned by Hemlo Gold …
Gowest, Premium enter option deal in Nevada
Partners Gowest Amalgamated Resources (ASE) and Western Premium Resources (VSE) have signed an agreement whereby each may earn a 35% interest in three gold properties in north-central Nevada. The part…
METAL PRICES — FREE MARKET (April 05, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 30 Mar. 29 Mar. 26 Mar. 25 Mar. 24 Copper 1434-1435 1434-1436 1441-1443 1474-14…
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…
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…