Avalon drilling at Tarp Lake
A first phase of drilling by Inmet Mining (TSE) is under way on the Tarp Lake gold project near Pickle Lake, Ont. The program is being funded by junior Avalon Ventures (VSE), which can earn a 49% inte…
News
LABRADOR NEWS ROUNDUP — Riva, SLN report find
Sulphide mineralization has been partially outlined and traced for about 5 km on the Stomach Lake property in Labrador.VSE-listed partners Riva Petroleum and SLN Ventures report that the mineralizatio…
LABRADOR NEWS ROUNDUP — Dynamic ground hosts deposit
A junior company based in Summerland, B.C., Dynamic Ventures (ASE), is reporting the acquisition of a 50-sq-km property, situated south of the Voisey Bay deposit, which covers a mineralized trend 20 k…
LABRADOR NEWS ROUNDUP — Freewest options ground
An option agreement with Newfoundland Goldbar Resources (CDN) sets the stage for Freewest Resources Canada (TSE) to earn a 50% interest in 19 separate properties along the Labrador coast.The propertie…
Aur to buy Granges properties
A deal covering 39 base metal properties has been struck between Aur Resources (TSE) and Granges (TSE). Many of the properties have already been subjected to reserve estimates, while others are known …
Cameco options Tri Origin’s English property
Tri Origin Exploration (TSE) has optioned a stake in its English Twp. property near Timmins, Ont., to Cameco (TSE).The latter can earn a 60% interest in the 73-claim package by spending $750,000 on ex…
Delays hamper Falcon drilling at Guinaoang copper project
Delays at the level of local government are hampering exploration of the Guinaoang porphyry copper-gold project in the Philippines.Pacific Falcon Resources (VSE), which is earning up to a 70% interest…
PEOPLE — CELTIC MINERALS
Patrick Hannon, Wayne Ewert and David Graham appointed directors.
PEOPLE — METALLICA (July 24, 1995)
Louis Lepry appointed president and chief operating officer.
Magma Tintaya labor contract unique for Peru
The Peruvian subsidiary of Arizona-based Magma Copper has ratified a long-term labor contract with its unions.The agreement is unusual in that it commits Magma Tintaya and the unions to a 5-year agree…
DIAMOND NEWS ROUNDUP — Diamond Fields subsidiary sells parcel of African diamonds
These days, Diamond Fields Resources (TSE) is best known for its 75%-owned Voisey Bay nickel-copper-cobalt discovery in Labrador. But the company was formed with the hope of becoming a diamond produce…
FACTS’N’FIGURES — Mine openings and closures
As a result of recoveries in metal prices in the second half of 1994, the year ended on a positive note for mining in Canada. A total of 12 mines opened or reopened in 1994, while nine closed or suspe…