Soquem emphasis on Chibougamau area
A slowdown in mining exploration coupled with recent mine closures in the Chapais-Chibougamau region has forced the Quebec government’s mining exploration company Soquem to revise its exploration stra…
News
LETTERS TO THE EDITOR — Epp replies to resignation call
I would like to take this opportunity to respond to the article “Jake Epp should resign” (T.N.M. Sept. 21/92) by Steve Parry, speaking in his dual capacities as president of the Porcupine Prospectors …
EXPLORATION ’92 — LATIN AMERICA ROUNDUP — Kengate in
Construction of a rail line in Venezuela could benefit a Canadian company which has a 40% interest in a limestone quarry along the rail route. International Kengate Ventures (VSE) says its quarry, sit…
EXPLORATION ’92 — LATIN AMERICA ROUNDUP — Aronos uncovers
A new zone at the San Martin gold property at Llano Colorado in the Mexican state of Sonora is estimated to cover an area at least 300 metres by 400 metres, Aronos Multinational (CDN) reports. The com…
VSM, Serem plan major underground program for Grevet
An underground exploration program at the Grevet zinc project in northwestern Quebec is planned by VSM Exploration (ME) and Serem-Quebec. An agreement-in-principle has been reached by the two companie…
NEWS ROUNDUP — Kirkton swings deal with Phelps Dodge
An option to acquire an interest in the Shunsby copper-zinc-lead-silver property from Kirkton Resources (CDN) in the Swayze area southwest of Timmins, Ont., has been negotiated by Phelps Dodge Corp. o…
NEWS ROUNDUP — Aur dropping three properties
Aur Resources (TSE) has informed Consolidated Abitibi Resources (ME) that it will be terminating its option on three of Abitibi’s Val d’Or area properties. In order to earn a 51% interest in the Abiti…
Tribal lands
Early next month, nine Indian tribes will be at the 98th annual Northwest Mining Association convention in Spokane, Wash., to explain the benefits of prospecting on tribal lands. The Bureau of Indian …
Production begins at Sikaman project
Production has commenced at Sikaman Gold Resources’ (TSE) Sol Wood placer mine in Sierra Cty., Calif. The mine is expected to produce 25,000 oz. gold by October, 1993, and generate a cash flow of $4 m…
STOCK MARKETS — Dia Met hits $33 as diamond market shows its
After taking a dramatic slide in the wake of the Aber-Commonwealth-SouthernEra blooper, Dia Met Minerals found its feet again during the week ended Nov. 24. Amid speculation that more news would be em…
PROFILE — Bryant expects diamond hunt to stir interest in
The active search for diamonds in Canada’s North has sparked interest in Alberta’s mineral potential. The first documented find in the oil-rich province was made in 1988 by Tom Bryant, who discovered …
STOCK MARKETS — Diamond explorers rebound from sample error
Investor interest in diamond exploration in the Lac de Gras region of the Northwest Territories continued to fuel trading activity on western markets, despite the somewhat embarrassing disclosure from…