News

NEWS IN BRIEF (November 16, 1992)

Anacondo Explorations Inc. (AAX:VSE) has changed its name to O-Tech Ventures Corp. (OTV:VSE) with no consolidation of capital.


Saskatchewan’s NDP reverses uranium policy

The government of Saskatchewan has given the green light to uranium mining. That was the important news to have come out of the provincial New Democratic Party’s fractious convention staged recently a…


Minnova and Kerr plan Troilus study

A $4.2-million feasibility study on the Troilus gold deposit (formerly the Frotet project) has been announced by the property’s joint owners, Minnova (TSE) and Kerr Addison (TSE). The study is expecte…


Equisure samples Timmins property

A recently completed trenching and sampling program on Equisure Financial Network’s (TSE) Godfrey-Turnbull Twp. gold property near Timmins, Ont., has yielded encouraging results. A total of 300 ft. of…


NEWS ROUNDUP — Deak exercises Astoria option

Toronto-based Deak Resources (TSE) has exercised its option to acquire Yorbeau Resources’ (TSE) Astoria gold mine and adjoining property near Rouyn-Noranda, Que. Deak has applied for the necessary reg…


ON THE LEVEL — NDP killing mining

With exploration expenditures way down, mining in Canada is withering and dying, yet Canadian mining companies are doing quite well. Unfortunately, this is occurring in other lands where they are welc…


Drill rigs to test Kirkland pipes

While the logistics of diamond exploration in the Northwest Territories become more challenging with each passing day, some companies are mobilizing drill rigs to the relatively balmy climes of northe…


Pipe variations require large sample

The importance of taking a representative sample before calculating diamond reserves was stressed recently at “More about Diamonds,” a seminar sponsored by Canaccord Capital, a private offshoot of LOM…


Open houses in the Prairies

Both Manitoba and Saskatchewan will review mining activities in their provinces this month. The Saskatchewan Geological Survey Open House, scheduled for Nov. 25, will be held at Regina’s Hotel Saskatc…





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