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 …
1992
Promising Gibraltar assays
Additional assay results were released by Gibraltar Mines (TSE) from its recently completed 25-hole drilling program on the Gibraltar mine property near McLeese Lake, B.C. The drilling program covers …
Western pulls out from Jones Hill
The recent withdrawal of Western Mining from the Jones Hill joint venture came as a surprise to Champion Resources (VSE) which is currently seeking advice from its lawyers because of the unexpected de…
Low-cost operation predicted by Antilles for Big Croppings
Based on a recent in-house feasibility study, Antilles Resources (VSE) predicts it will be able to produce gold for a cash cost of US$146 per oz. from the Big Croppings vein on its newly optioned Chic…
Kennecott options Galena Giant
A unit of Kennecott is about to start a drill program on the Galena Giant project, a “Sullivan-style” stratiform, lead-zinc-silver target on the Idaho-Montana border about 12 miles northeast of the fa…
PEOPLE — INTERNATIONAL PRECIOUS METALS INSTITUTE
Francis Curren elected president; Robert Sippel elected first vice-president; Melvyn Frydrych elected second vice-president; Matthew Garfield elected treasurer.
PEOPLE — YUMA GOLD (August 17, 1992)
Joseph Abbinante and Donald Neal appointed directors.
Equinox fires up Van Stone mine
After nine months in mothballs, the Van Stone zinc mine near Colville, Wash., was recently brought back into production at 1,000 tons per day by owner Equinox Resources (TSE). Low zinc prices forced t…
Athena, former president settle legal differences
A longstanding legal dispute between current management of Athena Gold (VSE) and its former president and founder, William Jordan, was recently settled. The Nevada lawsuits over title to the Talapoosa…
Jarvis raising marble funding
Financing plans, including a rights offering that will allow shareholders in Ontario and Quebec to acquire up to almost 1.4 million common shares, are nearing completion, Jarvis Resources (VSE) report…
NEWS ROUNDUP — Teck’s mines report profits
With all mining divisions operating profitably, Teck (TSE) reported net earnings of $12 million for this year’s second quarter ended June 30, up from $9 million in the previous quarter and similar to …
Mikwam drill results released
Drill results from Trader Resources’ (TSE) 50% owned Mikwam property in northwestern Quebec’s Casa Berardi area have not been able to match results from the first hole which included a 14.1-ft. sectio…