Cyprus to drill at Massicotte
A drilling program is scheduled to begin this month on the Massicotte property north of La Sarre, Que., Radisson Mining Resources (ME) reports. Radisson says it has signed an option agreement, subject…
1993
Somerset Island programs planned
About $1 million will be spent this year by several junior companies planning to explore various diamond properties on Somerset Island, N.W.T. This Arctic Islands region was explored by Diapros (a sub…
Redaurum lines up mine financing
The price is $5 million. The prize is a 50% stake in a producing diamond property in Zimbabwe and the surrounding 13,474-hectare exploration permit. When Cornerstone Investments, a private Australian …
Crown Butte re-calculates reserves at New World
After reviewing results from the 1992 drill program, Crown Butte Resources (TSE) re-calculated geological reserves for its New World project in Montana. The advanced project is in an alpine region nea…
LATIN AMERICA — Arauco plans drill programs for two Chilean
While still in the private company stage, Arauco Resources (VSE) acquired 100% of 21 mineral properties in southern Chile. They include potential bulk minable gold properties as well as disseminated c…
Kennecott launching major diamond exploration program
By the time Kennecott Canada wraps up its 1993 diamond exploration program in the Northwest Territories, the company will have trimmed its landholdings significantly, says President John Stephenson. “…
Mining supports Science World
British Columbia’s mining industry is once again supporting Science World’s efforts to raise funds for the development of new exhibits. The Mining Association of British Columbia is sponsoring third p…
Canadian juniors scramble for Kilometre 88 positions
Canadian junior companies are scrambling to tie up ground in Venezuela’s Kilometre 88 district where Placer Dome (TSE) is exploring a gold deposit mining analysts speculate has multi-million-ounce pot…
International flavor to Cordilleran Roundup
Delegates to the recent 1993 Cordilleran Roundup heard about exploration activity at home, in particular in British Columbia and the Yukon, and also about opportunities overseas. In British Columbia, …
Thermal to test potential of Labrador Trough property
With its Williams Creek copper project entering the feasibility stage, Thermal Exploration (ASE) has turned to the Labrador Trough of northern Quebec for new reserves. This year, the California-based …
Eden Roc aims for higher output
Annual gold production of 100,000 oz. within three years is projected by Eden Roc Mineral (TSE). Chairman Harry Quint made the prediction at an analysts meeting in New York City. He said Eden Roc, wit…
Cambior boosts gold output (February 08, 1993)
Gold production in 1992 increased by 13% to 354,240 oz., Cambior (TSE) reports. Higher output at the Mouska and Silidor mines in northwestern Quebec and at the Valdez Creek placer project in Alaska wa…