An industrial minerals industry based on substantial brine deposits is unfolding in Alberta. Under investigation are potential deposits scattered throughout the province, five of which have been ident…
Having performed stripping and mapping, Gregor Goldfields (CDN) now plans to complete a 10,000-ft. drill program on its Marathon gold project. Surface samples from the 264-claim property, near Hemlo, …
Engineering-construction firm Bechtel reports that associations it has made in Mexico, Venezuela, Chile and Brazil have begun to bear fruit. Bill Friend, in charge of the company’s Latin America effor…
Diamond hunters in Saskatchewan and Manitoba may soon have a new target area if the latest Lithoprobe survey over the Trans-Hudson Orogenic belt confirms the presence of a new Archean-aged craton. Sei…
Results of drill core from the Sue and Sputnik pipes at the Yamba Lake property in the Northwest Territories have proved lacklustre. Owners Tanqueray Resources (ASE), Fibre-Klad Industries (ASE) and M…
The directors of Goldex Mines (TSE) are recommending shareholders vote in favor of amalgamating with parent company Agnico-Eagle Mines at a meeting to be held Dec. 7. Agnico (along with other related …
An ore reserve workshop will be held in Toronto on Nov. 22 and 23 at the Noranda Sales office. The course, being organized by Matrix Consultants, will demonstrate a common-sense approach to testing fo…
RJK Explorations (CDN) has acquired an option on the Brinklow gold property near Long Lac, Ont. The property has numerous gold occurrences associated with quartz veins, and grab samples have assayed 0…
— Week — Nov 16 Nov 15 Nov 12 Nov 11 Nov 10 High Low Composite”300″ 4257.20 4281.78 4302.78 4291.26 4269.53 4303.25 4245.52 Metals&Minerals 3193.46 3158.84 3184.07 3153.99 3069.68 3203.99 3033.45 In…
Minera Rayrock (TSE) has completed an “optimization” study on its Bellavista gold mine project in Costa Rica. The study involved re-evaluating the reserve potential and revising the production schedul…
Gold Funds as of Nov. 16 BGR Central Net Value $15.19 $6.07 Price $14.00 $6.75 Premium 11.2% Discount 7.84% Value $85,098,000 $122,170,275…
Adobe Resources — 1.5 million shs @ 10 cents. Detector Resources — 1.7 million shs @ 10 cents. Grantham Resources — 1.7 million shs @ 10 cents. Lake Placid Resources — 2 million shs @ 10 cents. Pr…
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