Soquem signs deals for properties
Quebec Crown corporation Soquem has signed agreements concerning two properties in the province. One of the agreements involves Orient Resources (ME) and Consolidated Gold Hawk Resources (ASE) and con…
1994
BOOKS IN REVIEW — Making mining agreements
Mining Exploration Agreements, by Karl J.C. Harries, Q.C. Published by the Centre for Resources Studies, Queen’s University, Kingston, Ont. K7L 3N6. 342 pages. $40 plus GST. This new book will be of i…
Fancamp explores Quebec property
Junior Fancamp Resources (VSE) has acquired a 34-claim copper property at Baie-Johan-Beetz, near Havre-St. Pierre on Quebec’s northern shore. The company is looking for large-tonnage copper mineraliza…
New calendar offered for sale in Territories
Orders are being taken for the Yellowknife Women Geoscientists 1995 Calendar. Proceeds will go to the Walter Gibbins Memorial Fund, which is used to promote earth science education in the Northwest Te…
Eldorado snaps up La Colorada
The exercise of a purchase option gives Eldorado (TSE) total ownership of La Colorada, an open-pit heap-leach gold mine in Mexico. The company will pay Campbell Resources (TSE) US$5 million for its 30…
Cusac closes Table Mountain
Milling operations at the Table Mountain property in northern British Columbia have been shut down so that additional reserves can be outlined. Owner Cusac Industries (TSE) put the mine back into prod…
Miramar extends mineralized trends
Underground drilling at Miramar Mining’s (TSE) Con mine near Yellowknife, N.W.T., has intersected extensions to two mineralized trends in areas that previously saw little exploration. The 101-102 tren…
Cambior increases Argentine exposure
Montreal-based Cambior (TSE) will buy a 40% interest in a company that owns a project with a mineral inventory of 500 million tonnes averaging 0.75% copper, based on a cutoff grade of 0.5% copper. Pac…
NEWS ROUNDUP — Strike loses claims to rival
The mining recorder in Ontario’s Larder Lake mining division has made a ruling regarding the conflict between Sudbury Contact Minerals (TSE) and CDN-listed Strike Minerals. The case concerns three dis…
NEWS ROUNDUP — Van Ollie passes on Kremzar play
CDN-listed Van Ollie Explorations and three partners have opted out of a plan to buy the Kremzar gold mine near Wawa, Ont. The companies were to pay Canada Tungsten $2.5 million (of which $500,000 had…
Nickel production costs falling
Nickel production costs have fallen for three consecutive years and are set to decline further in the period 1995-1997, says British research firm Brook Hunt & Associates. In its publication Nickel In…
Drilling on El Dorado project
In El Salvador, a drill program of 8,000 metres is continuing on the gold project known as El Dorado, with crews focusing on three vein systems: El Dorado, La Coyatera North and Nueva Experanza. The p…