Swannell options eight properties
A $400,000 program is being planned by Swannell Minerals (VSE) for eight British Columbia properties considered prospective for porphyry copper-gold mineralization. The properties total 50,635 acres a…
1991
Omega sues Ecstall
A legal dispute between Omega Gold (VSE) and Ecstall Mining (VSE) is threatening to stall work programs planned for a number of mineral properties in northwestern British Columbia. Omega initiated the…
Blende returns wide intersection for Billiton, NDU
The first hole of this year’s drilling program on the Blende property in the Yukon returned an 87-metre intersection grading 1.6% lead, 2.6% zinc and 17.2 grams silver per tonne. The drilling is part…
Major firms big players on Newfoundland scene
Gold has lost its lustre for junior exploration companies on the Newfoundland mining scene, and base metals are rapidly becoming a play for only some of the bigger prospectors. About $12 million will…
Marlin vested in Hope claims
With the recent completion of a 2-hole drilling program on the Hope claims, Golden Marlin (VSE) has earned a 50% interest from Rayrock Yellowknife Resources (TSE). The property is near Yellowknife, N…
Sherritt bids for oil firm to ensure refinery’s fuel supply
In a bid to secure long-term fuel supplies for its Alberta nickel refinery, Sherritt Gordon (TSE) has signed a letter of intent to acquire all the outstanding shares of Canada Northwest Energy Ltd. Un…
PEOPLE ARIES RESOURCES
Leslie Hart appointed president and chief executive officer; Robert Downes appointed director.
King Miner from Con crowned during N.W.T.’s Mining Week
A stope miner at the Con mine of Nerco Minerals in the Northwest Territories, Trevor Martin, won four of 16 events to take the overall title at the recent King Miner contest. The event was part of th…
PEOPLE GREYHAWK RESOURCES
David Rennie appointed president; Robert Lambie appointed director.
Canchrome hits high-grade pocket
Recent results from a 12-hole program on the Reed-Belanger property near Thetford Mines, Que., indicate the presence of a high-grade chromite pocket within the mineralized zone. Drilling along strike…
U.S. REPORT Galactic-Cornucopia merger in jeopardy
A merger between Galactic Resources (TSE) and Cornucopia Resources (TSE) may not be completed after Galactic failed to meet a condition of the merger agreement. The boards of the two companies agreed…
Copper Council meets in Quebec
About 90 delegates gathered here recently to attend a quarterly meeting of the American Copper Council and take part in, among other activities, a discussion on free trade agreements in North America….