News


World Wide defines open-pit reserve

Drill results indicate that the Easter property in Nevada hosts an open-pit reserve of 1.5 million tons averaging 0.069 oz. gold per ton. Three holes drilled by owner World Wide Minerals (TSE), in the…


Spot prices at a glance (October 17, 1994)

Week’s Price (US) Change Gold* $388.20 – $3.95 Silver* $5.51 – $0.09 Platinum* $416.75 – $0.75 Nickel** $2.98 + $0.08 Lead** $0.29 $0.00 Copper $1.13 – $0.01 Zinc $0.47 $0.00 Courtesy of Scotiabank. I…


Metal Prices (October 17, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 Copper 2485-2486 2497.5-2498.5 2451.5-2452.5 2540-2541 2528-2530 Lead 625-626 631-632.5 633-634 627.5-62…


Jonpol works three properties

Junior Jonpol Explorations (TSE) and its partners will explore three properties in Ontario and Quebec. A program of three deep drill holes has been proposed for the Garrison Twp. gold property in nort…



Assays reported from Hislop-Beatty

Partners Glimmer Resources (VSE) and Hemlo Gold Mines (TSE) have announced new drill results from the Hislop-Beatty property in northeastern Ontario. The best intersections were in holes 94-137 and 94…


Bethlehem, Goldnev repay loan

Partners Bethlehem Resources (TSE) and Goldnev Resources (VSE) will soon finish repaying the loan they received to reactivate the Goldstream mine near Revelstoke, B.C. The final payment of US$528,000 …


Cons. Nevada takes writedowns

Despite higher gold production, Consolidated Nevada Goldfields (TSE) reported a year-end loss. Three factors — lower-than-expected grades, US$5.2 million in writedowns and other expenses totaling US$…


PRODUCER PRICES (October 17, 1994)

ALUMINUM: MW U.S. market US78.5-79.5 cents per lb. (Sept. 22, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 30, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 30, 199…


Native conference in Calgary area

The Tsuu T’ina First Nation in Alberta will host a conference dealing with resource development on traditional aboriginal territories. The event, scheduled for April 23-26, 1995, will be held both in …


Carmacks feasibility complete

A feasibility study states that the Carmacks copper project in the Yukon can produce 45 tons of copper per day during an 8.5-year mine life. Situated 25 miles northwest of Carmacks, Y.T., the project …


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