PEOPLE — SAGE RESOURCES
Clayton Dodd, Roger Davey, Rodney Duncan, Irvin Ridd and Maynard Brown appointed directors.
News
ASE requests new assays
The Alberta Stock Exchange (ASE) is taking several junior companies to task for reporting assay results performed either by a method other than the fire assay technique or by a laboratory not acceptab…
Louvicourt update at CIM meeting
Robert Bryce of Aur Resources (TSE) will discuss the Louvicourt project in northwestern Quebec at a May 28 luncheon of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleu…
OBITUARY — James Bristow
Geologist and British Columbia-based consultant James Bristow died recently at Kamloops, B.C. He was 62. After graduating from the University of British Columbia in 1957 with a degree in geology and p…
Government orders VSE investigation
The former president of the Business Council of British Columbia will have six months to complete a review into the roles and regulatory responsibilities of the Vancouver Stock Exchange (VSE) and the …
Pikes Peak sold
Nerco Minerals is now a discontinued operation of parent Nerco (NYSE), which, earlier this year, announced it was disposing of investment in precious metals. Nerco subsequently sold to Kennecott the N…
PEOPLE — DUAL RESOURCES
David Tremain appointed president.
Second rig moved to DHK ground
Following the release of further encouraging results from the Tli Kwi Cho kimberlite pipe in the Northwest Territories, partners DHK Resources and Kennecott Canada have moved a large-diameter (6-inch)…
Study deems Redfern’s Tulsequah economic
The Tulsequah Chief massive sulphide deposit in northwestern British Columbia has been deemed economic in a pre-feasibility study. Redfern Resources (TSE), which owns the project, hired Tonto Mining t…
Rio Algom posts profits for 33rd consecutive year
Last year marked the 33rd consecutive year of profits and dividends for Rio Algom (TSE). In 1992, the company posted a net profit of $39.4 million on revenues of $1.03 billion. At the annual meeting i…
Bruneau Minerals drills kaolin play
Two parallel kaolinite zones have been discovered by Bruneau Minerals (ME) on its De Salaberry Twp. property, 120 km northwest of Montreal. The zones were delineated by magnetic and electromagnetic (V…
Lytton stock plummets on preliminary results
Investors slashed more than $150 million from the market value of Lytton Minerals (TSE) after the company announced the recovery of 44 diamonds from a kimberlite pipe on one of its properties in the N…