Skyline in Mexico
Trenching on the Aztec project, 70% of which is owned by Skyline Gold (TSE), has outlined three high-grade copper-zinc-silver zones for reconnaissance drilling this summer. Nine trenches were complete…
1993
Waddy plans test mining at Komis
A feasibility study by Dynatec Engineering on the Komis gold deposit near La Ronge, Sask., has been deemed positive by property-holder Waddy Lake Resources (TSE). According to the report, Komis contai…
EDITORIAL PAGE — Real potential
The term “potential” has long accompanied any discussion of the mining industry in the Northwest Territories. Over the years, that potential has only been hinted at by way of several spectacular succe…
Aber finds more N.W.T. kimberlites
Aber Resources (TSE) has increased to 11 its Lac de Gras kimberlite finds with the discovery of four more pipes on the Diavik landholdings. The program, which included ground geophysics and 4,000 metr…
KWG Res. moves into French Guiana
Montreal-based KWG Resources has agreed in principle to earn a 100% interest in 15 gold concessions in French Guiana from Bureau de recherches geologiques et minieres of France. The concessions lie al…
DIAMOND PAGE — In the Northwest Territories . . . Braiden,
— Braiden Resources (VSE) has agreed to earn a 50% interest in a 72,000-acre property held by Super Twins Resources (VSE) in the George Lake area, northeast of Lac de Gras. To earn the interest, Brai…
Equinox watching as gold prices rise
The recent rise in the price of gold has made Equinox Resources (TSE) all the more hopeful that its Zenda project, near Bakersfield, Calif., can soon be brought into production. President Ross Beaty w…
INSIDER TRADING — Metalore director sells before ruling
With an appeal still under deliberation for ownership of the Brookbank gold property near Beardmore, Ont., a director of Metalore Resources (TSE) has sold about a third of his stake in the company. Ac…
Morgain applies for Mexican incentive
Toronto-based Morgain Minerals (VSE) is one of the first Canadian juniors to apply for Mexico’s new exploration and exploitation incentive program. Under the program, the Mexican government will finan…
Noranda re-works Montanore deal
Partners Noranda Minerals (a subsidiary of Toronto-listed Noranda) and Montana Reserves (a private company) have restructured the ownership of their Montanore silver-copper property near Libby, Mont. …
Tiomin completes mineral sands tests
Laboratory-scale testing of a heavy-mineral bulk concentrate from the Natashquan deposit in Quebec has been completed, reports Tiomin Resources (TSE). Gravity, magnetic, and electrostatic separation t…
Price protection for Cyprus
A price protection program ensures that Cyprus Minerals (NYSE) will receive a minimum average sales price of about US94 cents per lb. on about 90% of its projected 1993 copper sales. The program also …