Silverside acquires Tully Twp. property
Silverside Resources (TSE) has received the second $346,987 instalment of the price that Deak Resources (TSE) agreed to pay for Silverside’s 87.5% stake in the Garrison gold project near Kirkland Lake…
News
Matachewan spill: Letters to the Editor
Your coverage of the Matachewan spill is welcome by all concerned parties in the Ontario mining industry. A full discussion of the facts concerning this case may result in a better understanding of a …
MSV, Meston combine for Eastmain financing
A joint venture agreement aimed at aquiring the financing required to place the Eastmain gold deposit in northern Quebec near James Bay into production has been signed by MSV Resources (ME) and Meston…
Newfoundland amends Act: Letters to the Editor
The article “Newfoundland doubles tax on claims” (T.N.M., Jan.21/91), particularly the headline, gave an unclear and incorrect impression of the purpose and effect of recent amendments to the Mineral …
Sphinx loses listing on ME
The Montreal Exchange said it recently delisted shares of Societe Miniere Sphinx (VSE) because of a change in the nature of the company’s business operations. Listed as a mining company on the ME sinc…
Pacific Sentinel reports assays from Golden West
Assay results were released by Pacific Sentinel Gold (VSE) from 21 reverse circulation holes drilled as part of an ongoing 35-hole program on the Golden West property in Arizona. The first-drill progr…
Reserve estimate reported for Rosebud project
VANCOUVER Following the release of a series of excellent drilling results from the Rosebud property in Nevada last year, partners LAC Minerals (TSE) and Equinox Resources (TSE) have reported prelimina…
Copper discoveries on Victoria Island
An exploration program by Aber Resources (TSE) and Nanisivik Mines will further examine copper discoveries on a land package 20 km from tide water on Victoria Island, N.W.T. The land covers widespread…
LAC, Cambior discovery one mile east of Doyon
Equal partners LAC Minerals (TSE) and Cambior (TSE) recently discovered gold-bearing sulphide mineralization on claims east of the Doyon gold mine near Cadillac, Que. A surface drilling program operat…
Disposal solution enhances nuclear option
One of Canada’s greatest mineral treasures is its uranium reserves. There are other great uranium deposits around the world, but none rival the high grade and vast tonnage of those found in northern S…
Writedowns pound LAC, Bond
Consolidated earnings of US$20.3 million (17 cents per share) were reported by LAC Minerals (TSE) for 1990, but after a write-down of its mining interests and investments, the company reported a net l…
Odds ‘n’ Sods: War hero died prospecting in Red Lake area
Chistopher O’Kelly, who won the Victoria Cross at Passchendale in October, 1917, and the Military Cross at Vimy Ridge in April, 1917, became a prospector in 1922. He came to Red Lake, Ont., in October…