Mimiska plans work program
An electromagnetic survey undertaken at the Pusticamica property in Mountain Twp. in northwestern Quebec identified three strong bedrock conductors, Societe Miniere Mimiska (ME) reported. The company …
News
Granges to spend $6 million on exploration during 1991
Exploration efforts by Granges (TSE) in the coming year will be focused on the Flin Flon area of northern Manitoba, President Colin Kaiser told shareholders at the company’s recent annual meeting. The…
Aur drills Abitibi bets
Exploration resumed recently on three Val d’Or, Que., base metal properties optioned by Aur Resources (TSE) from Consolidated Abitibi Resources (ME) and Dumont Nickel (ME). Aur is spending $500,000 o…
Placer Dome battles operating costs
Along with efforts to explore for and acquire base metal properties, management of Placer Dome (TSE) intends to further improve the company’s operating performance this year. “Our profit margins are …
Rea Gold focus on QR
Junior producers have become something of an endangered species these days, but Rea Gold (TSE) is bucking the trend and aiming to develop its second operating mine in British Columbia. The company alr…
Alberta Stock Exchange Crew on site at AOK
Recently listed Takla Star Resources says a field crew is on site at the AOK copper-gold property, 50 miles north of Fort St. James, B.C. The Edmonton-based explorer, with the right to acquire 100% o…
Silver price puts squeeze on Hecla’s Lucky Friday
Pocked with old mining workings, Idaho’s “Silver Valley,” officially known as the Coeur d’Alene mining district, has produced more than US$4 billion in metals over the past century. As the name would…
PEOPLE KAP RESOURCES
Donald Busby has resigned as a director.
NEWS IN BRIEF Lectus Development Ltd.
Lectus Development Ltd. (LDV:VSE) has changed its name to Swannell Minerals Corp. (SNL:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Royal Trust Co.
Saskatchewan map
The 1990 edition of the Mineral Resource Map of Saskatchewan, listing among other items 165 deposits hosting a variety of minerals, is available from Saskatchewan Energy and Mines, Publications, 1914 …
While merger plans continue
Centurion pulls gold values…
Potash Corp. sees sales rise
Large potash producer Potash Corp. of Saskatchewan (TSE) is confident potash usage is on the rise for the offshore market. The Saskatoon, Sask.,-based company, whose output represents about 10% of w…