ODDS’N’SODS — West-coast treasure house
Tasu Harbour on the southwestern coast of British Columbia’s Queen Charlotte Islands was truly nature’s treasure house, filled with the exotic and the unusual. Isolated by mountains on the east and by…
News
1994 A LOOK BACK — Cominco unveils Yukon discovery
Toronto-listed Cominco reported a preliminary resource estimate for its polymetallic discovery in the southwestern Yukon. The deposit was estimated to contain 13 million tonnes grading 5.5% zinc and 1…
1994 A LOOK BACK — Doyon shaft going deeper
The joint owners of the Doyon gold mine east of Rouyn-Noranda, Que., announced plans to deepen the shaft by 370 metres to 1,024 metres. The mine, in production since 1980, is owned by American Barrick…
METALS COMMENTARY — Demand for metals remains buoyant
Significantly, the industrial sector scheduled more work days this holiday season than is normally the case at Christmastime. The reason? Demand for many metals is exceptionally buoyant, with prices h…
1994 A LOOK BACK — Metall parent sold shares
The German parent of Metall Mining (TSE) sold its 50.1% interest in the Toronto-based company, which has mining projects around the globe. Metallgeschellschaft AG, experiencing financial difficulties …
1994 A LOOK BACK — Louvicourt reserves downgraded
In a surprise springtime announcement, Aur Resources (TSE) downgraded reserves at the Louvicourt base metal project northeast of Val d’Or, Que. Aur said the recalculated reserve figure (undiluted and …
1994 A LOOK BACK — U.S. Mining Law reform stalls
Reform of the 1872 Mining Law in the U.S. stalled when lawmakers abandoned congressional efforts to work out a compromise. The House of Representatives and the Senate approved different mining reform …
JAG strikes gold in Temiscaming
A vein structure bearing high-grade gold has been identified on JAG Mines’ (ME) Belleterre property northeast of Temiscaming, Que. Situated 400 metres south of the Aubelle No.1 vein, within Guillet Tw…
STOCK MARKETS — TSE stages pre-Christmas rally
A pre-Christmas rally enabled the Toronto Stock Exchange to post a modest gain over the 3-day report period ended Dec. 27 (Canadian markets were closed on Dec. 26 and 27). The composite 300 index rose…
Cdn. Reserve options platinum play in Ontario
Junior Canadian Reserve Gold (VSE) can earn a half interest in a 44-claim Tib Lake platinum property, 16 km west of North American Palladium’s (TSE) Roby zone. As consideration, Canadian Reserve will …
STOCK MARKETS — Murgor leads as western markets stage
With the bugaboo of tax-loss selling now past, western markets managed to rebound during the holiday-shortened period ended Dec. 27, 1994. The Vancouver Stock Exchange composite index added 22 points …
Pandora expands Monterde ground
Partners Pandora Industries (VSE) and Mill City Gold (VSE) have added 720 acres to their Monterde mine property in Mexico’s Chihuahua state. The new ground covers the possible strike extension of gold…