San Andreas returns high lead-zinc values
Additional assay results from drilling on the Prairie Creek mine property in the Northwest Territories under option to San Andreas Resources (VSE) continue to confirm the high-grade nature of the proj…
1992
Correction (August 24, 1992)
A recent hole drilled on Trader Resources’ (TSE) 50% owned Mikwam property in northwestern Quebec returned 1.6 ft. grading 0.07 oz. gold per ton, rather than 0.7 oz. gold (T.N.M., Aug. 17/92). Trader …
Mint produces Ontario coin
A scene featuring a majestic jackpine tree and resembling a Group of Seven painting graces the reverse of the Ontario coin in the Canada 125 Coin Program. The first of the coins to be minted was unvei…
NEWS ROUNDUP — Cambior acquires property in Chile
Cambior (TSE) has acquired a 100% interest in the Polo Sur copper property in Chile from Shell Chile S.A. at an undisclosed price. Polo Sur is 75 miles northeast of Antofogasta in northern Chile and c…
NEWS ROUNDUP — Tri Origin finishes geophysical program
Toronto-based Tri Origin Exploration (TSE) reports that it has completed a surface and downhole geophysical program on its Lewis Ponds base metal property in Australia. Meanwhile, hole TLPD-5, drilled…
Blasting triggers fatal landslide
A landslide apparently triggered by indiscriminate mining and blasting recently left at least 78 people dead and 44 hurt, according to a UPI story of a Press Trust of India report. The accident occurr…
PRODUCER PRICES (August 17, 1992)
ALUMINUM: MW U.S. market US60.00-61.75 cents per lb. (Jul. 30, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…
Quinto advised to focus on graphite
A recently completed engineering report by Consultant Darryl Drummond recommends Quinto Mining (VSE) evaluate its Lumby property in south-central British Columbia on the basis of its graphite potentia…
De Beers rep visits Alberta
A recent rare courtesy call by a representative of highly-secretive diamond merchant De Beers to Alberta has the local mining community buzzing, but not much more enlightened about De Beers’ plans for…
Trade fair for Germany
The second Geotechnica Cologne 1993 — International Trade Fair and Congress for Geosciences and Technology is set for May 5-8 at Cologne, Germany. More than 500 exhibitors, involved in geoscientific …
EDITORIAL PAGE — Viceroy’s victory
California has long been in the vanguard of environmental activism. To get an idea of what kind of restrictions might be placed on any kind of development elsewhere in North America, one had only to l…
Westmin trims quarterly loss
Although still not out of the red, Westmin Resources (TSE) is continuing to pare losses stemming from its mining operations in British Columbia. The Vancouver-based company posted a net loss of $2.54 …