More about diamonds (February 08, 1993)
Canadian mining companies are involved in the search for diamonds both at home and abroad: N.W.T. and Alberta — Minerais Barexor (ME) and Nevsun Resources (VSE) have reached an agreement whereby Nevs…
News
Mining supports Science World
British Columbia’s mining industry is once again supporting Science World’s efforts to raise funds for the development of new exhibits. The Mining Association of British Columbia is sponsoring third p…
Rayrock offer
Rayrock Yellowknife Resources (TSE) has extended, until Feb. 8, the deadline for acceptance of an offer to holders of Rayrock’s $24.5 million 7.5% convertible subordinated debentures. Terms of the off…
Brunswick options PGE property
PGE Resources (ASE) has optioned its Devil’s Pike gold property in the Annidale area of New Brunswick to Brunswick Mining and Smelting (TSE). Under the agreement, Brunswick has 45 days to examine the …
Virginia begins drilling program
A drilling program is under way at the SAGAR-III gold-uranium property in the Labrador trough area of Quebec, Virginia Gold Mines (ME) reports. Aim of the program is to confirm the presence of one or …
KWG finds diamonds at Bucke
Another kimberlite pipe in northeastern Ontario has yielded diamonds for its new owners. Having taken a 25-tonne sample from the Bucke kimberlite pipe near New Liskeard, Ont., partners KWG Resources (…
Bonfortel drilling is encouraging
Drilling at the Bonfortel copper-zinc-silver prospect near Joutel, Que., intersected volcanogenic sulphide mineralization, Consolidated Bonanza Metals (ASE) and Forbex Resources (ME) report. Five hole…
PROFILE — Metall’s Zeitler plans mining province around
The Northwest Territories, which provides a new frontier for mineral exploration and development, has attracted an increasing number of companies to place their bets there. Metall Mining, for one, is …
Canadian juniors scramble for Kilometre 88 positions
Canadian junior companies are scrambling to tie up ground in Venezuela’s Kilometre 88 district where Placer Dome (TSE) is exploring a gold deposit mining analysts speculate has multi-million-ounce pot…
Westmin projects tonnage increase from infill drilling at
Infill drilling results from the Myra Falls mine property near Campbell River, B.C., prompted mine owner Westmin Resources (TSE) to predict that ore tonnage in the main Battle and the upper lenses wil…
Kennecott drops Mega-Gold option
Disappointing drill results led to a decision by Kennecott Canada to withdraw its option on the Mega-Gold project held by Valerie Gold (VSE). The property is near Taseko Mines’ Fish Lake copper-gold d…
East West to drill at Casa Berardi
East West Resource (VSE) has agreed to pay Cross Lake Minerals (VSE) $15,000 and spend $70,000 to earn a 50% interest in a 55-claim property in Casa Berardi Twp., Que. The claims, which lie next to a …