Nufort reports results from Barrick drilling
Results are in hand for five holes drilled by Barrick Gold (TSE) on the Michaud project, in which Nufort Resources (TSE) holds royalty interests.The project is 12 miles west of Barrick’s Holt-McDermot…
News
Toronto CIM branch to discuss SX-EW
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will present a talk by the General Manager, Technical, of Rio Algom on the solvent extraction-electrowinning (SX-EW) pr…
DIAMOND PAGE — Drilling continues at Afridi Lake
Initial processing of the first sample from the 5009A kimberlite at the Afridi Lake property in the Northwest Territories has confirmed the pipe is diamondiferous.Cypango Ventures (VSE) will release r…
Roper, Silver Peak plan Abbott work
Additional development work at the Abbott project, 65 miles north of Trail, B.C., will begin in June.Roper Resources (VSE) can earn a half interest in the property from Silver Peak Resources (VSE) by …
Farallon gears up Campo Morado program
Three diamond drill rigs have been mobilized to the Campo Morado project in Guerrero state, Mexico, as part of an $18-million exploration program initiated by Farallon Resources (VSE).The company is w…
Adrian Res. drills Panamanian project
Drilling is planned for the Belencillo property in Panama. Madison Enterprises (VSE) is earning a half interest in the project from Adrian Resources (TSE).The program will include 6-8 holes to test po…
Glamis OKs Imperial development
Construction and development of the Imperial project in Kern Cty., Calif., are expected to start in the second quarter of 1997.Glamis Gold (TSE) has completed a feasibility study on the project, which…
Golden Bear mine will not roar until 1997
A self-imposed deadline to acquire financing by May 10 for a proposed heap-leach operation at the Golden Bear mine in northwestern British Columbia was not met. As a result, North American Metals (VSE…
Odds ‘n’ Sods — Waiting for the cake
Production of yellow cake from the Quirke in Elliot Lake, Ont., began in the summer of 1956, and expectations were high.During the break-in period, all systems appeared to function and perform as plan…
EDITORIAL PAGE — Mining Week celebrates Canadian accomplishment
One of the goals of Canada’s National Mining Week is to communicate the importance of the industry to people who rarely think about how metals and minerals affect their daily lives.Until recently, thi…
TSE Short Positions (May 20, 1996)
Short positions outstanding at April 30, 1996Larger individual positions included: Abacan 181,400; Barrick Gold 9,515,380; Agnico-Eagle 433,993; Algoma Steel 232,623; Asia Pacific 108,200; Arequipa Re…
Goldcorp extends high-grade zones at Red Lake
Ongoing exploration by Goldcorp (TSE) continues to expand high-grade gold zones at the Red Lake mine in western Ontario.Results from 33 holes show that nine have values greater than 0.97 oz. gold per …