1991


Quebec budget troubles geologists

The Association of Professional Geologists and Geophysicists of Quebec (APGGQ) is not impressed by the lack of additional support for mining exploration financing in the recent Quebec budget. The asso…


EDITORIAL PAGE Developing Sudbury’s North Rim

Over a distance of less than five miles along the North Rim of the Sudbury Basin, from the old Hardy mine to Longvack, Inco Ltd.’s operation at the extreme east end of the North Rim, there are no less…


Galico drops Vera Cruz option

After completing a due diligence review, Murray Pezim’s Galico Resources (VSE) decided to drop its option to acquire a 50% interest in the Vera Cruz property held by Vera Cruz Minerals (VSE) in New Me…


Polcap signs agreements with Polish zinc producer

A private Montreal venture-capital company, Polcap Investments, has signed agreements with zinc producer ZGH Boleslaw Mines of Poland to act as financial, managerial and technical adviser. In announci…




Kennecott sells Kemess interests

Merger partners El Condor Resources(VSE) and Covenant Resources (VSE) recently agreed to purchase the North and South Kemess property interests held by a unit of Kennecott. El Condor earned a 60% int…


Additional funding for Armeno project

Additional funding in the amount of US$1.45 million will be provided by Nissho Iwai Corp. of Japan to go toward the preproduction development costs and working capital of the San Bartolome mine projec…



Correction (May 20, 1991)

Contrary to what was reported in The Northern Miner (May 6/91), Deak Resources director Douglas Hume recently bought 9,000 shares for 54 cents to hold 147,500.


NEWS IN BRIEF (May 20, 1991)

Storimin Exploration (ASE) said it is planning surface work, and possibly a drilling program, this summer at its recently acquired base metal property in Robertson Twp. in northeastern Ontario, adjace…


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