1993

NEWS ROUNDUP — Cross Lake drills massive sulphides

Four holes have been drilled by Cross Lake Minerals (VSE) on its Sheraton-Timmins polymetallic project near Timmins, Ont. The first two were drilled to test a 1,200-metre-long electromagnetic (EM) con…


COMMENTARY — Cuba chases foreign investment

The demise of the Soviet Union has ironically left Cuba — romantically known as “the isle of eternal summer” — out in the cold. As a result, the country’s mining and metals sector is now desperately…


Glimmer intersects gold on first Hislop stepout hole

Encouraging results are reported from the first 11 holes of a 31-hole delineation program on the Hislop property in northeastern Ontario. Hemlo Gold Mines (TSE), with a 60% interest, is the operator o…


New company gets two Wawa mines

A new exploration company has been created by three Toronto-listed juniors. Muscocho Explorations, McNellen Resources and Flanagan McAdam Resources will transfer their respective interests in the Magi…


Viceroy profits up

Increased production and a higher realized gold price of US$404 per oz. enabled Viceroy Resource (TSE) to post a 92% increase in net earnings for the 6-month period ended Sept. 30, over results achiev…



Milling plans firm up at Albino

Crystallex International (VSE) has appointed consultants Paulo Abib and Kilborn Engineering to provide engineering and project management of a proposed mill at its Albino concession in Venezuela. Euru…


ODDS’N’SODS — Names of glaciers explained

While working at the Granduc mine at the Portal Camp in British Columbia in the 1960s, I was surrounded by the vast glaciers: Berenden, Frank Mackie, Little Salmon, Chicomen and the Leducs. Upon viewi…


Canyon drilling returns gold at Mtn. View

Drilling on the Mountain View property in northern Nevada has returned gold-mineralized intersections. Canyon Resources (NASDAQ) is earning a 60% interest from Independence Mining and expects to compl…


Tri Origin sets out exploration plans

Exploration programs for properties held by Tri Origin Exploration (TSE) were announced to shareholders and analysts at the annual meeting in Toronto. President Robert Valliant outlined a strategy of …


NovaGold samples high-grade zone

NovaGold Resources (TSE) is completing sampling, geophysics and geochemistry on its 70%-owned Pine Cove property, near Baie Verte, Nfld. Samples from the Romeo-Juliet structure have assayed as high 35…


Negotiations at Giant begin again

The Canada Labour Relations Board has found that both Royal Oak Mines (TSE) and Local 4 of the Canadian Association of Smelter and Allied Workers (CASAW) bargained in bad faith during labor negotiatio…


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