Dispute settled
The Barry Lake joint venture has settled with Cominco (TSE) and Agnico Eagle Mines (TSE) over disputed claims next to Barry Lake’s Lac Rouleau Zone 18 discovery. The joint venture, a 50-50 deal betwee…
News
N.W.T. Diamonds — Bulk-sampling under way
Bulk sampling will begin immediately on a diamond project held by BHP Minerals Canada and Dia Met Minerals (TSE) in the Lac de Gras region of the Northwest Territories. BHP recently awarded the contra…
NEWS IN BRIEF (September 20, 1993)
Anooraq Resources (ARQ:VSE) has changed its transfer agent. It is now Montreal Trust.
CIM features Izok Lake update
An update on the Izok Lake project will be provided by Ken Hill and Frank Balint of Metall Mining at a Sept. 24 luncheon here of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). The z…
Cazador mining BT deposit
The Keystone joint venture started open-pit mining of the BT deposit near Lynn Lake, Man., in mid-August. An estimated 25,000 tonnes of high-grade ore is now exposed. Cazador Explorations (VSE), which…
NEWS ROUNDUP — Abacus undertakes detailed sampling
On a 296-claim package in the Brookfield area of southwest Nova Scotia, Abacus Minerals (VSE) has begun detailed sampling for gold. Abacus can earn a 100% interest in the property from a private compa…
N.W.T. Diamonds — BHP-Dia Met age-date kimberlites
The age of two Lac de Gras kimberlites has been disclosed by joint-venture partners BHP Minerals Canada and Dia Met Minerals (TSE). The partners were the first to discover potentially economic diamond…
Miners marching
Miners will be marching on Washington, D.C., next month in response to predictions that there will be Congressional mining law activity. The trips are being co-ordinated with the Mineral Resources All…
EXPLORING FOR DIAMONDS AND THE NORTH — AUSTRALIAN ACTIVITY (September 20, 1993)
There are two commercial diamond mines in Australia, the Argyle mine of Ashton Mining and CRA, and the Bow River operation of Normandy Poseidon. Both are in the Kimberley region of Western Australia. …
NEWS ROUNDUP — Jones Hill reverts to Champion
Drilling by Aur Resources (TSE) and Thunderwood Resources (TSE) has failed to intersect massive sulphides at the Jones Hill base metal property near Albuquerque, N.M. The companies elected not to cont…
COMMENTARY — Foreign ownership in Latin America
During the 1990s, control by national governments of mineral resources and operating mines in many Latin America countries will decrease markedly and the percentage owned and controlled by foreign min…
EXPLORING FOR DIAMONDS AND THE NORTH — Canadian diamond
Although the current level of diamond exploration in Canada is unprecedented, the hunt began as early as 1863 after diamonds were found in glacial drift around the Great Lakes. Exploration was sporadi…