Gold City hits copper-gold at Midway
Reverse circulation drilling at the Midway project in southern British Columbia has encountered copper and gold mineralization. Three holes drilled to test a 100-ft.-wide shear zone on the Ket 28 prop…
1993
Treminco plans winter drilling in N.W.T.
Recent field programs by the Yellowknife Greenstone Belt Syndicate have indicated the potential for large, shear-hosted gold deposits on properties near Yellowknife, N.W.T. Treminco Resources (TSE) ha…
Gulf Int’l courts Tajiks for properties
The government of Tajikistan has given Gulf International Minerals (VSE) the exclusive right to any of the hardrock projects in the former Soviet republic. The agreement, signed by the country’s presi…
Toronto Stock Exchange Indices (September 27, 1993)
— Week — Sept 21 Sept 20 Sept 17 Sept 16 Sept 15 High Low Composite”300″ 3937.33 3952.80 3978.31 3988.06 3967.89 3990.76 3947.79 Metals&Minerals 2824.52 2824.22 2881.87 2953.95 2960.12 2965.21 2787….
COUNTRY REPORT — The African nation of Zambia counts on its
Zambia is counting on its copper industry to remain a major source of foreign exchange and employment. The government of Frederick Chiluba says copper will continue to be the mainstay of the Zambian e…
Drilling permits for Matthews
Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…
Petaquilla reserves expanded by drilling
Drilling on the Petaquilla property in Panama is steadily expanding reserves. Adrian Resources (VSE), manager of the exploration program, has a 20% indirect interest in the project and an option to ac…
NEWS ROUNDUP — Cambior acquires Grevet project
The Grevet zinc project in northwestern Quebec is now wholly owned by Cambior (TM/CBJ) The Val d’Or, Que.-based company has acquired Serem-Quebec’s 50% interest in Grevet, as well as the interests of …
Crown in Peru
VANCOUVER Crown Resources (TSE) has expanded its Latin American gold acquisition program into northern Peru. e company has applied for exploration and mining concessions in 10 areas, the most prospect…
High River options ground near Snow Lake
Under an agreement between High River Gold Mines (TSE) and Manitoba mining consultant Bruce Dunlop, High River can acquire two properties next to its Snow Lake gold project in northern Manitoba. One o…
MITEC gives boost to exploration research
The exploration technology division of MITEC (Mining Industry Technology Council of Canada) is becoming an active agency through which industry funds are transferred to research groups. Several resear…
New zone found at Meliadine
Drilling on the Meliadine project, 10 miles north of Rankin Inlet in the Northwest Territories, has turned up a new gold zone. The project is a joint venture between Cumberland Resources (VSE) and Com…