Sudbury hosts royal visit
The mining town of Sudbury recently welcomed the Prince and Princess of Wales, who visited the northern Ontario community as part of a 6-day provincial tour. In honor of the visit, nickel producer Inc…
1991
Teck options Montgay project
A letter of intent has been signed by Ressources William (ME) with Teck Exploration, a unit of Teck (TSE), which will permit Teck Exploration to earn a 51% interest in the 38-claim Montgay property ab…
Loki, Hemlo discover new gold zone at Brewery Creek
A recent exploration program has identified a new gold zone and new geochemical anomalies which partners Hemlo Gold (TSE) and Loki Gold (VSE) believe could increase the reserve potential of the Brewer…
Mirage reaches target depth
A borehole designed to test the Wanapitei anomaly northeast of Sudbury, Ont., has reached its target depth of 1,500 metres without hitting any economic mineralization, says Paul Severin, manager of ex…
Cigar Lake mines first ore at high-grade uranium deposit
Cigar Lake Mining says it has successfully completed the first test mining of the Cigar Lake uranium deposit in Saskatchewan. Using a remote-controlled boring machine, the company mined the orebody fr…
Development drilling continues
Four miles from this small town is the New World project, which hosts five separate deposits — McLaren, Como, Miller Creek, Homestake and Fisher Mountain. To date, Crown Butte Resources (TSE), which …
Midas rights
Midas Minerals (TSE) plans a rights offering, subject to regulatory approval, under which shareholders of record (in Ontario and Nova Scotia) on Nov. 5 will receive one right for each common share own…
NEWS ROUNDUP (October 28, 1991)
Bachelor Lake Gold Mines (TSE) intends to sell its controlling interest in 74% owned subsidiary Western Premium Resource (VSE) for about $150,000. Bachelor said a letter of agreement has been entered …
No more work planned for Iskut area’s Rock & Roll project
No further work is being planned by Eurus Resource (VSE) and Thios Resources (VSE) for their joint venture Rock & Roll property in the Iskut River area of northwestern British Columbia. This year’s wo…
Crown one of few juniors actively exploring at Carlin
The Cord Ranch property owned by Crown Resources (VSE) is one of the few sites of exploration activity by a junior company within the Carlin Trend. The property is about 20 miles south-southeast of Ca…
New Brunswick’s November agenda
The New Brunswick Pro-spectors and Developers Association (NBPDA) will hold this year’s general meeting with the Canadian Institute of Mining, Metallurgy and Petroleum at 8 p.m. on Nov. 4 in the Frede…
TSE hopes to boost level of unlisted market’s credibility
Following a reluctant takeover of Ontario’s over-the-counter trading system three months ago, The Toronto Stock Exchange (TSE) plans to increase the credibility of the Canadian Dealing Network (CDN) b…