1992

MSV negotiates option deal with Soquem for Eastmain

An agreement with the owner of the Eastmain gold project in northern Quebec will allow Soquem to earn a 50% interest in a large portion of the project. MSV Resources (ME) says the agreement allows the…


Skyline reviews funding options

After winding down exploration efforts at its claims in the Iskut River area of northwestern British Columbia this past summer, Skyline Gold (TSE) is reviewing its exploration and financing options fo…


Summer drilling work increases Williams Creek copper

As a result of this summer’s drilling on the Williams Creek copper-oxide deposit near Carmacks, Yukon, partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) have upped preliminary reser…


Agreement focuses on the environment

Montreal-based St. Genevieve Resources (TSE) is joining forces with the Institut national de la recherche scientifique on the environmental front. The pair will focus on environmental problems related…


Mining’s contribution can’t be overlooked

The “glory days” of mining in Ontario are over, but cooperation between industry and government could foster new growth, says Lars-Eric Johansson, Falconbridge’s chief financial officer. Drawing compa…



TORONTO STOCK EXCHANGE INDICES (December 14, 1992)

Dec.8 Dec.7 Dec.4 Dec.3 Dec.2 High Low Composite”300″3290.86 3293.09 3289.42 3264.91 3265.25 4009.47 3009.91 Metals&Minerals 2803.18 2555.97 2759.39 2747.71 2777.06 3453.06 2502.63 Integrated Mines291…


Noranda intersects new Matagami zone

A surface drilling program by Noranda Exploration, a unit of Noranda (TSE), on its 100% owned Bell Allard South property near Matagami, Que., has intersected a new deep massive sulphide zone. One of t…



Metal prices return to 1991 lows

The metal and mineral sub-index of Scotiabank’s commodity price index dropped substantially again in October. After improving earlier in the year, most base metals have returned to late 1991 lows. Cop…


Cameco to assess gold prospect in Kirghizstan

A gold deposit in the southeastern, mountainous region of the Republic of Kirghizstan has drawn the attention of Cameco (TSE). The Saskatoon-based company says it signed an agreement with the prime mi…


Central Crude plans two more holes

The fifth hole of a 5-hole drilling program at the Moss Lake project in northwestern Ontario cut a 62.3-ft. section grading 0.054 oz. gold per ton, Central Crude (TSE) reports. The program was designe…


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