1993

Westfield adds to cash position

Earnings of $453,000 for the nine months ended Sept. 30, 1993, have added to the fortunes of Westfield Resources (TSE). The debt-free company has cash and marketable securities totaling $24.3 million,…


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…


Metall’s quarterly report mixed

There was good news and bad news during the third quarter for Metall Mining (TSE). On the plus side, production of copper cathode from its 87.3%-interest in the Copper Range mine in Michigan increased…


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…



Toronto Stock Exchange Incices

— Week — Nov 23 Nov 22 Nov 19 Nov 18 Nov 17 High Low Composite”300″ 4215.26 4200.17 4238.17 4234.74 4236.50 4248.41 4188.82 Metals&Minerals 3288.64 3277.35 3281.65 3241.32 3197.15 3304.12 3189.06 In…



EXPLORATION ’93 — Helicopter handles heavy loads

A Boeing 234 Chinook helicopter was used in September and early October to help mobilize heavy mining equipment and supplies to two sites in the Lac de Gras area of the Northwest Territories. The Chin…




EXPLORATION ’93 — Gregor drills Hemlo property

Having performed stripping and mapping, Gregor Goldfields (CDN) now plans to complete a 10,000-ft. drill program on its Marathon gold project. Surface samples from the 264-claim property, near Hemlo, …


Bugs feed on zinc contamination

Scientists from the United Kingdom-based research laboratory of Shell have joined forces with Dutch experts to solve the problem of contamination from the site of one of the world’s most efficient zin…


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