1992

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…


Tri Origin placement

Toronto-based Tri Origin Exploration (TSE) has raised at least $550,000 through a private placement of 440,000 units at $1.25 per unit, the company reports. Each unit consists of one common share and …


PEOPLE — ACADEMY RESOURCES

Maximilian Lindner appointed president and director; William Lindner and Stuart Moore appointed directors. N5…





Dia Met estimates diamond `resource’

A report accompanying an application by Dia Met Minerals (TSE) for listing on The Toronto Stock Exchange reveals that an estimated 80 million tons grading 63 carats per 100 tons have been outlined wit…


CIM luncheon, MNDM symposium

Guest speaker at the Dec. 7 luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum’s Toronto Branch will be Lars-Eric Johansson. Currently senior vice-president and chief financ…


NEWS ROUNDUP — Hemlo forgives Windarra loan

Toronto-based Hemlo Gold Mines (TSE) has agreed to forgive most of a $8.9-million loan made to Windarra Minerals (TSE) in 1988. The junior will repay Hemlo $1 million. Windarra used the loan to financ…


NEWS ROUNDUP — Bruneau reactivation proposed

Shareholders of Bruneau Mining (ME) will be asked to approve a new reactivation plan for the company at a joint annual and special meeting on Dec. 30. Under the plan, Canamax Resources (TSE) and its s…


NEWS ROUNDUP — Cancelled dividend hurts Redstone

Cancellation of a previously declared dividend by Falconbridge Dominica C. por A. (Falcondo), a subsidiary of Falconbridge, has resulted in decreased net earnings for Redstone Resources (TSE). Redston…



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