Morning raid on St Lambert
Recently armed rebels known as the Touharegs attacked Canadian drilling company St Lambert’s camp in Takanamat, Africa, at 3 a.m. Although the crew members, from Quebec, did not suffer from any injuri…
1992
INSIDER TRADING (February 10, 1992)
A couple of key insiders at Fort Knox Gold Resources (TSE) recently altered their holdings in the Toronto-based company. According to the Ontario Securities Commission OSC Bulletin, Inco which owns ab…
Claude resumes drilling amid talks with creditors
While attempting to reschedule payments on $5 million owed to major creditors, Claude Resources (TSE) continues to make progress at its Seabee gold mine near La Ronge, Sask. Following a 6-week product…
Research projects to be discussed
Technical information sessions dealing with the conclusions of 13 research projects funded under Quebec’s Mineral Development Agreement with the federal government have been organized for Feb. 25 at V…
Northway funds
Northway Explorations (TSE) says it has arranged a private placement of 1.25 million shares at 12 cents per share, for a total consideration of $150,000, with Jonpol Investments Ltd., subject to share…
Loki updates reserve estimate
An updated preliminary reserve calculation was released by Loki Gold (VSE) for the Brewery Creek gold project near Dawson City, Yukon. Loki has earned a 49% interest in the bulk-tonnage property from …
Course examines environmental issues
A 2-day course on exploration and environmental issues is being offered by the British Columbia & Yukon Chamber of Mines, with course content assembled by Norecol Environmental Consultants. The short …
Newmont, Barrick in joint effort
An agreement in principle has been reached between gold producers Newmont Gold (NYSE) and American Barrick Resources (TSE) for joint co-operation in the development of their common areas in the northe…
Anglesey meets roadblock in bid to finance Parys
The Parys mine project in North Wales may not go into commercial production next year as the United Kingdom’s biggest ever base metal mine. The operation was to have produced zinc, lead, and copper co…
Vangold drills Iron Colt vein
Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft. The intersection includes an…
Drilling continues at Battle zone
A recent hole drilled by Westmin Resources (TSE) at the east edge of the newly discovered Battle zone encountered three intersections of ore-grade material. The drilling is part of an effort to expand…
Fort Knox reports anomalous values
Borehole SG-10 is in progress at the Fawcett Twp. base metal property of Fort Knox Gold Resources (TSE) in the Shining Tree area of northeastern Ontario and is targeted on a strong electromagnetic res…