News

Caretech drills Thunder Lake W.

CDN-listed Continental Caretech has received results from nine holes which it drilled at the Thunder Lake West project near Dryden, Ont. The first three holes, drilled between 1,640 and 2,590 ft. east…


Joutel exploring in Cuba

Work is continuing on three of Joutel Resources’ (TSE) gold properties in Cuba. Programs are under way on La Zona Barita, in the Sierra Maestra concession near Santiago de Cuba; El Jaguey, in the Vido…


Buchan to address CIM luncheon

The chief executive officer of Kinross Gold will address the Nov. 17 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Robert Buchan, who also serves as cha…


Pangea boosts stake in Musselwhite play

Toronto-listed Pangea Goldfields has opted to convert its option to earn an 80% interest in the Karl Zeemel gold property near Pickle Lake, Ont., into a full 100% interest. The property consists of 15…


Soquem signs deals for properties

Quebec Crown corporation Soquem has signed agreements concerning two properties in the province. One of the agreements involves Orient Resources (ME) and Consolidated Gold Hawk Resources (ASE) and con…


BOOKS IN REVIEW — Making mining agreements

Mining Exploration Agreements, by Karl J.C. Harries, Q.C. Published by the Centre for Resources Studies, Queen’s University, Kingston, Ont. K7L 3N6. 342 pages. $40 plus GST. This new book will be of i…


Fancamp explores Quebec property

Junior Fancamp Resources (VSE) has acquired a 34-claim copper property at Baie-Johan-Beetz, near Havre-St. Pierre on Quebec’s northern shore. The company is looking for large-tonnage copper mineraliza…


New calendar offered for sale in Territories

Orders are being taken for the Yellowknife Women Geoscientists 1995 Calendar. Proceeds will go to the Walter Gibbins Memorial Fund, which is used to promote earth science education in the Northwest Te…


Eldorado snaps up La Colorada

The exercise of a purchase option gives Eldorado (TSE) total ownership of La Colorada, an open-pit heap-leach gold mine in Mexico. The company will pay Campbell Resources (TSE) US$5 million for its 30…


EDITORIAL PAGE — Two thumbs up for CANMET

Governments are always criticized for doing things wrong and rarely praised for doing things right. But one government initiative that clearly merits “two thumbs up” is the Canadian Centre for Mineral…


Cusac closes Table Mountain

Milling operations at the Table Mountain property in northern British Columbia have been shut down so that additional reserves can be outlined. Owner Cusac Industries (TSE) put the mine back into prod…


Miramar extends mineralized trends

Underground drilling at Miramar Mining’s (TSE) Con mine near Yellowknife, N.W.T., has intersected extensions to two mineralized trends in areas that previously saw little exploration. The 101-102 tren…


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