NEWS ROUNDUP — Cambior acquires Grevet project
The Grevet zinc project in northwestern Quebec is now wholly owned by Cambior (TM/CBJ) The Val d’Or, Que.-based company has acquired Serem-Quebec’s 50% interest in Grevet, as well as the interests of …
1993
Crown in Peru
VANCOUVER Crown Resources (TSE) has expanded its Latin American gold acquisition program into northern Peru. e company has applied for exploration and mining concessions in 10 areas, the most prospect…
High River options ground near Snow Lake
Under an agreement between High River Gold Mines (TSE) and Manitoba mining consultant Bruce Dunlop, High River can acquire two properties next to its Snow Lake gold project in northern Manitoba. One o…
MITEC gives boost to exploration research
The exploration technology division of MITEC (Mining Industry Technology Council of Canada) is becoming an active agency through which industry funds are transferred to research groups. Several resear…
Airborne, sampling results reported from Cross Mine
Several new anomalies which may represent mineralized and altered zones have been outlined in an airborne survey on the Cross Mine properties near Boulder, Colo. Nearly all of the known mineralized zo…
Black Pine drilling
A second phase of drilling at the Black Pine property of Formation Capital (VSE) has extended the known strike length of possibly connected mineralized zones to more than 4,000 ft., compared with the …
New zone found at Meliadine
Drilling on the Meliadine project, 10 miles north of Rankin Inlet in the Northwest Territories, has turned up a new gold zone. The project is a joint venture between Cumberland Resources (VSE) and Com…
LAST BUT NOT LEAST — Marshall completes private placement
An institutional investor has bought two million shares of Marshall Minerals (ASE) for $3 million. The holder of Marshall’s $3-million convertible debentures will, at the appropriate time, convert the…
Sarnoff KOed in Las Vegas diamond debate
It was supposed to have been The Great Diamond Debate. But Paul Sarnoff, editor of Gold Stocks Advisory and noted diamond play skeptic, was thrown onto the ropes during a panel discussion sponsored by…
NEWS ROUNDUP — Golden Star lists on American Exchange
Junior gold miner Golden Star Resources (TSE) has begun trading on the American Stock Exchange. The company, which recently moved to Denver, Colo., is mining and exploring for gold in the Guiana Shiel…
NEWS ROUNDUP — Comstate bids to take over Comaplex
Calgary-based junior Comstate Resources (TSE) has made a bid to buy all the issued and outstanding shares of Comaplex Resources (TSE). The Schaffhauser Kantonalbank of Switzerland and three directors …
LAST BUT NOT LEAST — Gaspesie reports titanium find
A mineralized zone of titanium and phosphate has been uncovered in the Baie Comeau area of Quebec’s North Shore, Gaspesie, Societe d’explorations petroliere et miniere (ME) reports. The mineralization…