1993

ODDS’N’SODS — The Ringsleben-Lakes connection

I first met Bill Ringsleben and Harold Lakes at the Emerald mine at Salmo, B.C., in the 1940s. Canadian Exploration had recently bought the Iron Mountain holdings from War-Time Metals and was anxious …



Flag continues drilling in Sudbury

A second hole is under way at Flag Resources’ Mackelcan Twp. gold property northeast of Sudbury, Ont. The hole is being drilled to test a mineralized breccia zone which the company says contains “sign…


Altai confirms surficial gold zones at Peru deposit

A field program by Altai Resources (TSE) on its Rio de Oro property in north-central Peru has confirmed the presence of a high-grade surficial gold deposit amenable to open-pit mining. Four gold-beari…


NEWS ROUNDUP — Aurizon, Cambiex detect anomaly

An anomaly has been detected on the east-central part of the Dormex gold property of Aurizon Mines (TSE) and Cambiex Exploration (ME) which surrounds the Sleeping Giant mine near Amos, Que. Close to b…


TSE SHORT POSITIONS (October 11, 1993)

Semi-monthly reports as of Sept 15 showed 76,538,373 shares of 760 issues compared with 75,759,200 shares of 729 issues on Aug 31. Larger individual positions included: Aber 134,000; Agnico-Eagle 91,1…


Arimetco, Breakwater settle accounts

The recent settlement of all amounts owed to Arimetco International (TSE) by Breakwater Resources (TSE) will result in the cancellation of receivables totaling about $5 million. In return for cancelin…


Canmine drilling hits new zone

A zone of alteration with massive sulphide mineralization has been intersected on the Fer property in northern Manitoba, reports Canmine Resources (CDN). The new zone, termed the Prism, is on the Coll…


Viceroy, Mink plan work in Mali

Mink Mineral Resources (VSE) will soon begin a second phase of exploration on the Niaouleni gold concession in Mali. Viceroy Resources (TSE) is funding the work through an option to earn a 70% interes…


Fairfield Minerals sells ore to Asarco

Another gold sale was made by Fairfield Minerals (TSE) from test-mining activities at its Siwash North deposit near Merritt, B.C. The company sold 2,200 tons of high-grade ore to Asarco, to be process…


Canadian smelters succeed in clearing the air

There is one clear winner in the effort to cut mining-related sulphur dioxide emissions — the air itself over much of Canada. For example, between 1950 and 1972, sulphur dioxide emissions from the Su…



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