One of the facts of life in the mining industry is that every ton of ore taken from a deposit reduces the productive life of that deposit by one ton. If the process continues, eventually no more tons…
If Nalcap Holdings’ (VSE) President Michael Smith has his way, the main item of business at the next meeting of Equity Preservation Co rp. will be a proposal to liquidate the company. Nalcap, which c…
One assumption about the Hemlo orebodies has been that the gold grade consistently rises and the deposit widens with depth. That’s only half true. In both the Golden Giant mine, operated by Hemlo Gol…
Bulk sampling of a placer gold deposit, situated 100 miles northeast of Watson Lake, N.W.T., is scheduled to get under way this month by partners Sirius Resources (VSE) and Verdstone Gold (VSE). The…
Timmins Nickel — final rec iss offer min 1,700,000 & max 3,800,000 @ $1.75 perish to net min $2,737,000 & max $6,118,000. VANCOUVER Lynnfield Res — 525,000 offereed @ 45 cents per sh. Oropex Miner…
Gold producer Corona Corp. (TSE) is emerging as a major player, both directly and indirectly, in northwestern British Columbia’s gold c amps. The company already has varying interests in a number of c…
A book describing the available mineral claims in Minnesota will soon be available in preparation for that state’s 1989 metallic minerals lease sale. The Mining Unit Book can be pre- ordered for $25(…
The J&L property near Revelstoke, B.C., contains a gold, silver, lead and zinc deposit with potential to be a polymetallic mine. But because the mineralization at J&L is refractory and contains high a…
A diamond drilling program is under way on the Picket Pin project of International Platinum (TSE). The property is nine miles from the Still water platinum-pal ladium mine in Montana. In a recent prog…
When a company like Pan East Resources trades over one million shares in a single session there are usually some drill results or a financing to e xplain all t he activity. But in Pan East’s case ther…
According to a recently-released study, on average, $37 million and six years of activity are required to find and delineate an economic deposit in Ontario. The report, prepared by the Centre for Reso…
A 35% interest in the Selbaie zinc-copper mine in Quebec has been purchased by Billiton Metals Canada for an undisclosed sum. The interest was sold by Esso Re sources Canada as part of an effort to …
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