Omni, Noranda in joint venture
Vancouver-based Omni Resources has signed a memorandum of agreement for a joint-venture project with Noranda Exploration on the latter’s precious metals Scar property in the Yukon. The 34-claim proper…
News
Noranda to drill at Band-Ore bet
A deep diamond drilling program will be conducted on the No 4 zone of Band-Ore Gold Mines’ gold property in northwestern Ontario by Noranda Exploration. The drilling will commence in late August and w…
Drilling stepped up at Joe Mann mine
Diamond drilling beyond the current ore reserve outline (910,000 tons, mineable, grading 0.22 oz gold and 0.30% copper per ton) has been stepped up on surface and underground at Meston Lake’s Joe Mann…
Queries Atlantic Mining files for bankruptcy
Please let me know if I can purchase back issues with information about Peddle Lake and/or Atlantic Mining Corp. The latter went bankrupt in March, l987. R. Hreha, Robbinsdale, Minn. Yes, you can. In …
People (July 06, 1987)
Ican Minerals — Guenter Liedtke appointed president succeeding Dieter Peter who has resigned as president and a director. Ralf Kleine has also resigned as vice-president mining and a director.
Analysts meeting
The 19th annual conference of the Canadian Mineral Analysts, jointly sponsored with the American Society of Mineral Analysts, will take place Nov 3-6 at Winnemucca, Nev. More information may be obtain…
Delaware moves on exploration
Exploration work is proceeding on schedule at Delaware Resources’ Snip project north of Stewart, B.C. The first of two diamond drills is on site and initial drilling will test anomalies which are loca…
Transfer okayed between Canacord and subsidiary
A deal between Canacord Resources and a wholly-owned subsidiary, Exador Resources, will see Canacord transfer its rights under several property agreements to Exador in return for common shares and war…
Metal Prices FREE MARKET LLondon Metal Exchange
Spot closing prices in Pound Sterling per tonne Date June 30 June 29 June 26 June 25 June 24 Copper 991-992 988.5-989 992.5-993.5 993-995 968.5-969.5 Lead 389-389.5…
Agnico earnings up smartly gold, silver output climbs
There was good news aplenty at Agnico-Eagle Mines’ annual meeting this year, another jam-packed homecoming affair: * earnings are way up and headed higher * its main gold operation is now in the best …
Mine Lake placement
Mine Lake Minerals says it has completed a private placement of 500,000 units, each unit comprising one flow-through common share and one unit purchase warrant good to purchase a further flow-through …
Metal Prices PRODUCER PRICES (July 06, 1987)
ALUMINUM: MW U.S. Market 72.50 cents -74.00 cents per lb. (June 11, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.35-$3.45 per lb. (June 4, 1987). CA…