Deep drill hole at Nor-Acme mine
A deep hole drilled at High River Gold Mines’ (VSE) Nor-Acme mine in Snow Lake, Man., has intersected two zones of gold mineralization, the company says. The hole was drilled to test the down-plunge e…
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PEOPLE — GOLDEX RESOURCE
Ted Seeberg appointed president and director; Herb Frederickson and Raymond Lyons appointed directors.
NEWS ROUNDUP — Allegheny plans drill program
A drilling program is planned by Allegheny Mines (ASE) at its expanded property holdings in northwestern Ontario. The company hopes to increase reserves by testing a new structural interpretation and …
PEOPLE — SENN D’OR
Dan Kukat appointed director.
PEOPLE — RED ROCK MINING
Tony Wicks appointed president and chairman of the board.
PEOPLE — CONS GOLDEN LION
Michael David named president.
PEOPLE — CYPRUS MINERALS (March 01, 1993)
Rockwell Schnabel elected director.
PEOPLE — GREAT LAKES MINERALS (March 01, 1993)
John Haivala elected director.
EXPLORATION & DISCOVERY: INDUSTRIAL MINERALS
DIAMONDS By Michel Boucher Following a discovery by BHP and Dia Met at Point Lake in the Northwest Territories, diamonds have become the focus of the hottest land staking fever in Canada since the Klo…
EXPLORATION & DISCOVERY: COAL
The Canadian coal industry had a difficult year in 1992. Strikes, lockouts, and a tragic accident led to a drop in production, exports and earnings. These events were unusual for the Canadian industry…
PRODUCER PRICES (March 01, 1993)
ALUMINUM: MW U.S. market US56-57 cents per lb. (Feb. 18, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
Ownership dispute continues at Oro Uno gold concession
The interim results of an ongoing due diligence investigation into the ownership of the Oro Uno concession in Venezuela’s Kilometre 88 gold district show the complexities of acquiring concessions ther…