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…
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…
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…
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…
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 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…
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…
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 …
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…
Pending approval from its board of directors, Inco (TSE) plans to reopen the high-grade Garson mine in Sudbury, Ont. The giant nickel miner closed the mine in 1986 after a worker was crushed to death …
Market speculation surrounding a drilling program on the Moss Lake gold property near Thunder Bay, Ont., prompted Central Crude (TSE) to release assay results prematurely. The 5-hole program, designed…
Production increases at all mines and the startup of a new operation enabled Pegasus Gold (TSE) to report record production for the first nine months of 1992. The company produced a total of 288,000 o…
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