NovaGold gains licence for recovery process
Following an agreement with the Canada Centre for Mineral Energy Technology (CANMET), NovaGold Resources (TSE) will acquire rights to a new base metal recovery process. The original technology, calle…
1991
Rhodes updates estimate of Copper Canyon reserve
An updated preliminary reserve estimate was released by Consolidated Rhodes Resources (VSE) for the Copper Canyon copper-gold deposit in the Galore Creek region of northwestern British Columbia. The c…
SOQUEM back in the Abitibi area with plans to stimulate exploration
The Quebec government’s mining exploration company SOQUEM (Societe Quebecoise d’Exploration Miniere) has returned in force to the Abitibi region five years after its departure from the heart of the pr…
Takla Star in Mt. Milligan camp
This season, Takla Star Resources (ASE) plans to concentrate its efforts on the AOK property near the Mt. Milligan deposit in north-central British Columbia. The company can acquire 100% of the copper…
Panthco signs option agreement
Panthco Resources (CDN) has entered into an agreement with Sudbury Contact Mines (TSE) to explore a 51-claim property in the Kirkland Lake gold camp of northern Ontario. Under the agreement, Sudbury …
Mixed results from Northern Abitibi
A drill program completed on Northern Abitibi Mining’s (ASE) gold property in northwestern Quebec, under option to Inco (TSE) and Vior (ME), has returned mixed results. All six holes collared to test …
PEOPLE TYRANITE MINES
Ross McGroarty, Marilena Fuda and Suzanne McGroarty appointed directors.
Cambior drilling Aurizon property
Surface drilling at the Sleeping Giant mine property north of Amos, Que., has verified the apparent south extension of the previously mined A vein, Cambior (TSE) and Aurizon Mines (TSE) reported. Camb…
PEOPLE BONAVENTURE RESOURCES (June 17, 1991)
Dana Farrell appointed director.
Vananda reports reserve increase
Following a review of drilling results from a program completed earlier this year, Vananda Gold (VSE) has increased its estimate of preliminary reserves on the Little Billie mine to 195,000 tons gradi…
El Condor, Covenant drop plans to acquire St. Philips
Merger partners El Condor Resources (VSE) and Covenant Resources (VSE) have decided not to proceed with a previously announced intention to acquire St. Philips Resources (VSE). In early May the compan…
Interest rate drop boosts Falco
Lower metal prices and reduced sales from Falconbridge’s Kidd Creek zinc-copper-silver mine combined to diminish the company’s first-quarter operating income by $5.5 million. Falconbridge is a wholly …