New program at Verneuil Twp.
The third phase of drilling is under way at a Verneuil Twp. gold prospect in northwestern Quebec, Golden Tag Resources (VSE) reports. The initial holes of a minimum 10,000-ft. program are planned for …
1993
NEWS ROUNDUP — Breakwater splits with Arimetco
The management contract between Breakwater Resources (TSE) and Arimetco Resources (TSE) has been canceled. Formed last year, it provided that Arimetco manage Breakwater’s operations. The companies joi…
Hycroft plans private placement
A planned private placement of special warrants is expected to net Hycroft Resources & Development (TSE) about $10.9 million before deducting issue expenses. The placement includes 10.5 million specia…
MAPAO meeting planned for May
The 62nd annual meeting of the Mines Accident Prevention Association of Ontario will take place May 27-28 at Toronto’s Sheraton Centre. The meeting will feature a mining health and safety conference. …
PEOPLE — DANKOE MINES (April 19, 1993)
J. Woods and Ramon Mabanta appointed directors.
Exhibit of gems, gold specimens
Almost 1,000 gems and 70 gold specimens will light up the Royal Ontario Museum (ROM) in Toronto this summer when the S.R. Perren Gem and Gold Room opens July 3 to the public. The gems in this permanen…
EDITORIAL PAGE — The charisma factor
It’s surprising that few, if any, commentators on the Canadian political scene have not opined that perhaps the media itself is at least partially responsible for the woefully low turnout of candidate…
COMMENTARY — `Smart’ vehicles count on copper
The use of copper and copper alloys in North American vehicles has risen sharply in the past decade. The amount of copper in the average vehicle increased to 51 lb. in 1991 from about 36 lb. in 1980, …
Mongolia welcomes foreign mining investment
After 72 years of Russian domination, Mongolia has turned to a market economy and is seeking foreign investment to revive its mining industry. Mongolian Mines Minister Dorjiin Tsogbaatar and his econo…
Moneta drilling intersects base metals near Timmins
A recent drill hole by Moneta Porcupine Mines (TSE) on its Godfrey Twp. property near Timmins, Ont., has returned three metres of 10% zinc at a vertical depth of 107 metres. The hole was drilled to fo…
LETTERS TO THE EDITOR: Time to start fighting back
Your remarks in the editorial “Hug a miner”(T.N.M., Apr. 5/93) pertaining to the Whitehorse Initiative struck me as being a direct quote from my comment to the president of the Prospectors and Develop…
Diamond Fields springs to life
A new company with connections to Vancouver promoter Robert Friedland has been formed to acquire diamond properties around the globe. Diamond Fields Resources (VSE), formerly Rutherford Ventures, rece…