News


Cominco plans more deep drilling at Tulsequah Chief

Results from deep drilling on the Tulsequah Chief project in northern British Columbia have junior partner Redfern Resources (VSE) confident the program will achieve its objective of increasing geolog…


Snowwater expands 89 work program

Recent drill results from the Whitewater Group gold property near Nelson, B.C., have encouraged Snowwater Resources (VSE) to step up its 1989 exploration program. Recent drilling on the 100%- owned pr…


Flowsheet NORANDA ACID PLANT

Noranda Minerals could once Nclaim that it was Quebec’s bigNgest producer of sulphur dioxide. In fact, from the point-of-view of annual production from all its smelters in Canada, it was difficult to …


Toronto Stock Exchange Indices (October 02, 1989)

1989 Sept 26 Sept 25 Sept 22 Sept 21 Sept 20 HIGH LOW Composite “300” 3921.003901.243909.473901.343906.454019.623353.13 Metals & Minerals 3647.743620.913643.463644.693667.363919.203207.50 I…


Lencourt reports progress in Zaire

Toronto-based Lencourt Ltd. (TSE) says progress is being made in its bid to gain control of the Sominki tin and gold mining properties in Zaire, Africa. Sominki owns and operates tin and gold mines in…


A wealth of information at OGS mines library

The mines library at Ontario’s Geological Survey continues to grow with the acquisition of new geoscience publications from across North America and around the world. Among some of the recent arrivals…


Reources Sept 27 Cut line Should go

(Set using regular measure). Above is a table of results from six drill holes released recently by Aur Resources (TSE) and joint venture partner Societe Miniere Louvem (TSE). The partners are explorin…


Metals Page: Supply problems boost price of copper

While gold experienced a fairly quiet summer, base metals came on strongly. Mid-year inventory levels of base metals did not rise appreciably and more than a few analysts see the strength of these met…


Coral Gold may sell Nevada mine

Low gold prices and some operational problems associated with bringing a new heap leach mine on stream are expected to “hold down production” at the Robertson gold mine owned by Coral Gold (TSE). The …


Timmins Nickel Sept 26

Timmins Nickel (TSE) has acquired three more nickel properties near its operating Redstone nickel mine southeast of Timmins, Ont.: the Tontine and Hart properties, purchased for cash and shares from C…


Nuinsco to lower debt via $1.4 m debenture

Toronto-based Nuinsco Resources (TSE) has entered into an agreement with Deak International Resources Holdings, whereby Deak will subscribe for a secured convertible debenture in the principal amount …


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