Sept 20, 1989 (October 02, 1989)
Amos, Que. (Special) — A modest staking rush has developed recently along what is believed to be a major regional structure, as reported this year by SOQUEM in its 1988-89 annual report. This structu…
News
QUEENSTON
The next underground gold mines to start pouring the yellow metal along the Kirkland Lake Break in northeastern Ontario very well may be two former producers: the Upper Canada and the Upper Beaver min…
FUTURES PRICES Metal Prices (October 02, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct122.50 122.50 122.90 — 7.45 Nov– — 121.40 — Dec121.30 118.90 119.70 — 6.25 …
Law A DECISION AT LAST
At approximately 4:30 p.m. on AFriday, Aug 11, one of the most Adrawn-out lawsuits in the history of Canadian mining came to a close. The country’s highest court finally delivered its judgment confirm…
Ore Horizons VEZZA GOLD
The Vezza property, 25 km (15 miles) south of Matagami, Que., is owned jointly by Dundee-Palliser Resources and North American Rare Metals. Diamond drilling from December, 1986 to June, 1988 has outli…
Moneta, Nahanni Sept 22
A 20,000-ft drill program has been completed by Moneta Porcupine Mines (TSE) and Nahanni Mines (TSE) on their Michaud Twp., Ont., claims 65 miles east of Timmins. The program has confirmed the presenc…
On the Move (October 02, 1989)
Brunner Canada, manufacturer of drill bits and accessories, has named R. T. Legault as its new national sales manager. Legault has more than 30 years experience in mining and related industries, part…
Cominco, Ennex deal
Two companies within the Cominco Ltd. (TSE) fold have acquired options to earn a 35% interest in 30 properties owned by Ennex International (LSE) in Ireland. Cominco Ireland and Pine Point Mines can e…
Indian lore, movies, animals- are popular as company names
Unusual or exotic company names often add color and reflect the entrepreneurial spirit of the junior mining sector in Canada. Here are just a few of the more colorful company names found among junior …
Kewagama exploring old Granada mine
Underground exploration is under way at the old Granada gold mine near Rouyn-Noranda, Que., Kewagama Gold mines (Quebec) (ME) reports. Proceeds from two private placements completed earlier this year …
Fairbanks expands drill program
Results from recent drilling on the Fort Knox gold project near Fairbanks, Alaska, have prompted project operator and 51% owner Fairbanks Gold (VSE) to expand the 1989 exploration and development prog…
Valley/McAdam Rights offering for McAdam Res.
Hoping to be able in the near future to make a production decision for its Spud Valley gold project on Vancouver Island, McAdam Resources (TSE) reports it has secured the necessary regulatory approval…