EXPLORATION ’93 — Variety of minerals sought in
Estimated exploration expenditures fell slightly in Saskatchewan in 1992 to $22 million from $23 million the previous year. The province is anticipating a similar level of activity for 1993. Although …
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EXPLORATION ’93 — Chibougamau acquisition provides Corpomin
Things are on the move for Corpomin Management, a private Montreal company which does mining exploration work in Quebec through the use of public companies and flow-through funds. Mario Caron, one of …
EXPLORATION ’93 — Marked increase in ground acquisition in
Projected exploration expenditures in Manitoba in 1992 were $30 million, similar to the previous year’s level of spending. A marked increase in ground acquisition is taken as an indicator of improved …
EXPLORATION ’93 — NovaGold brings high-tech approach to
In a demonstration of just what a mining junior can do if it tries hard, NovaGold (TSE) survived for three years on revenue from a small gold-producing property in northern New Brunswick. But that’s n…
EXPLORATION ’93 — Ramrod options Nevada claims
Details will soon be announced regarding an option agreement allowing Consolidated Ramrod Gold (TSE) to earn a majority interest in a claim block held by Akiko Gold Resources (VSE) and Bradner Resourc…
EXPLORATION ’93 — Cobalt testing laboratory runs out of
During the past five years, the Temiskaming Testing Laboratory (TTL) in Cobalt has struggled without success to find a new role for itself and, as of Sept. 1 of this year, will be placed on a care-and…
EXPLORATION ’93 — Record TVX output boosts earnings
A 45% increase in gold and gold equivalent production helped TVX Gold (TSE) earn US$10.4 million, or 8 cents per share, in 1992. This compares with $6.4 million or 5 cents per share in 1991. Last year…
EXPLORATION ’93 — Royalties can be a gold mine in
Royalties — a cold chill to the producer but gravy to the royalty-holder. It all started in the days when the king owned the land and all that therein lay. And while royal personages have all but van…
EXPLORATION ’93 — Geological tour of copper, gold deposits
Sixteen geologists from Canada, the U.S., Australia and Chile investigated copper and gold deposits of the Tucson-La Caridad-Hermosillo triangle of Arizona and Mexico last February. What follows is a …
EXPLORATION ’93 — Amax Gold reports reserve increase
Contained proven and probable gold reserves for operations and projects involving Amax Gold (NYSE) jumped to 10.8 million oz., up 40% over the year ended Dec. 31, 1992. Amax’s share of the reserve tot…
San Andreas plans to continue step-out drilling at Prairie
Step-out drilling at the Prairie Creek project, 300 miles east of Yellowknife, N.W.T., intersected 29.5 ft. grading 8.72% lead, 18.66% zinc and 4.23 oz. silver per ton in hole PC-92-23. San Andreas Re…
Chile would strengthen mining ties with Canada
Chile’s mines minister recently told a Canadian audience that vast areas of his country, especially in the south, have received little exploration despite many indications of deposits. He predicted th…