News


Pan American, Equinox to swap

A proposed asset swap will give Pan American Minerals (TSE) a 60% interest in the Van Stone zinc-lead mine in Washington state, and Equinox Resources a 100% interest in the J&L gold property in Britis…


Canmine hits sulphide zone at Fer

A new zone of copper-zinc sulphide mineralization has been located on Canmine Resources’ (CDN) Fer property in northern Manitoba. The first hole into this zone returned a true width of 3.65 metres gra…


Reserves updated at Beta Vargas play

As part of a prefeasibility study, Lyon Lake Mines (ME) has recalculated reserves at the Beta Vargas property in Costa Rica. Three styles of mineralization have been outlined within a 450×150-metre ar…


ODDS’N’SODS — Sandy’s Red Lake secret

Prospector Sandy McIntyre, who discovered and staked the McIntyre Porcupine mine in Timmins, Ont., in 1909, joined the Red Lake gold rush in 1926. He came with the McIntyre mine crew to work claims th…


Development plan for Porcher Island

A feasibility study by Westmin Resources (TSE) will evaluate the viability of mining the Porcher Island gold deposit near Prince Rupert, B.C. Westmin can earn a half interest in the former producer fr…



Asia Pacific funds Thai potash study

Financing is in place for completion of a 2-year program aimed at delineating a potash resource at the Udon Thani concession in northeast Thailand. Asia Pacific Resources (VSE) holds a 75% interest wh…


Uranium Resources to gain from pact

Dallas,Tex.-based Uranium Resources (TSE) is in a strong position to benefit from the recently signed uranium trade agreement between the U.S Department of Commerce and the Russian government. “We bel…


Pegasus to assist Goldbelt financially

Satisfied with its due diligence review, Pegasus Gold (TSE) has agreed to lend US$3 million to Goldbelt Resources (VSE) to help it secure financing for its Leninogorsk gold-silver tailings project in …


Goldcorp Inc. amalgamation

Shareholders of CSA Management (TSE), Goldcorp (TSE) and Dickenson Mines (TSE) have formally agreed to form a new company, to be known as Goldcorp (see T.N.M., Feb. 14/94). The plan was approved by 99…


ODDS’N’SODS — West coast mining school

On reading recently of the passing of Jack White, I was flooded with memories of the development of the British Columbia Mining School and of that rewarding chapter of my life, filled with the warmth,…


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