Pig market’ comes to an end
Down, up, way down, and all around. That about describes the roller-coaster ride the VSE Index took during the two- day run of the October, 1989, “mini market” crash. It began appropriately enough on …
News
Acquisitor seeking exploration funds
Financing is being sought for exploration of a base-metal deposit on the south part of the Dubuisson property near Val d’Or, Que., and to develop gold-reserve tonnage in the No 5 vein area, Acquisitor…
X-Cal hits low grade
Drilling by X-Cal Resources (TSE) on the company’s Snowbird gold project is indicating improved widths at depth, the company says. Near Fort St. James, B.C., the Snowbird property hosts several gold m…
U of T opens new centre for earth sciences research
The University of Toronto’s new $57-million Earth Sciences Centre, officially opened by Ontario Premier David Peterson Oct 16, will house one of the largest research facilities on the university’s cam…
Hycroft reports record gold production
Operating improvements at the Crofoot-Lewis open pit mining operations in Nevada have boosted quarterly gold production to a record high for Hycroft Resources & Development. Hycroft, a 59%-owned subsi…
Obituary – Viateur Audet
Viateur Audet, a well-known prospector from Val d’Or, Que., died Oct 2. He was 54. Born in St. Mathieu, Que., on Jan 9, 1935, Audet was a prospector for 40 years. He worked all across Canada but most …
Managing Canada’s Mines Service is what separates leaders from the
Intimately associated with Saskatchewan’s big and fascinating potash mining industry since 1964, W. H. Eatock knows it like a book. Now general manager of Allan Potash Mines, he joined that 0000,0600 …
Output improving at Magino mine
Operations at the Magino gold mine of McNellen Resources (TSE) and Muscocho Explorations (TSE) are slowly picking up, the companies report. The mine, situated in the Wawa area of northern Ontario, tur…
Brex to acquire graphite property
An option agreement has been signed by Exploration Brex (ME) to allow it to acquire a 100% interest in a graphite property in Preston Twp., about 12 miles from Mont- Laurier, north of Montreal. Brex r…
New Earth Scienes Centre opened at U of T campus
A new $55.5-million Earth Sciences Centre was officially opened on the main campus of the University of Toronto in Ontario recently. At the centre’s 400-seat lecture auditorium, Ken Babcock, assistant…
Dundee-Palliser to drill near VSM zinc discovery
Toronto-based Dundee-Palliser Resources (TSE) is preparing to start a $300,000 exploration on a group of 142 claims adjoining VSM Exploration’s (ME) zinc project in northwestern Ontario. So far at Gre…
Noranda can earn 50% of Soledad
An agreement in principle has been reached between Golden Queen Mining (VSE) and Noranda Exploration which would see the latter company spend $5 million (US) on Golden Queen’s Soledad Mountain propert…