Col program under review
This season’s drilling on the Col copper project in the Mount Milligan area northwest of Prince George, B.C., returned intersections ranging from 0.20% to 0.66% copper over narrow widths (10-20 ft.). …
News
Alberta Stock Exchange (November 11, 1991)
Goldhunter Explorations continued to ride on the coattails of Fort Knox Gold, the TSE-traded explorer that is breathing life into the beleaguered junior mining market. Trading over one million shares …
TORONTO STOCK EXCHANGE INDICES (November 11, 1991)
Nov 5 Nov 4 Nov 1 Oct 31 Oct 30 High Low Composite “300” 3525.71 3511.77 3512.58 3515.76 3497.60 4009.47 3009.91 Metals & Minerals 3056.02 3031.54 3013.57 3038.01 3004.25 3453.06 2502.63 Intergrated M…
Vior planning private placement
A private placement worth $212,500-500,000 is being planned by Societe d’Exploration Miniere Vior (ME) of Quebec City. Offering to subscribe to a minimum of $100,000 and a maximum of $125,000 is the Q…
Prime land forbidden during talks
Although the Teme-Augama Anishnabai band has relinquished its interest in four townships surrounding Temagami and Elk Lake, Ont., the provincial government has not yet reopened the area to claimstaker…
Highland Valley in strike position
Highland Valley Copper, owned 50% by Cominco (TSE), 33.6% by Rio Algom (TSE), 13.9% by Teck (TSE), and 2.5% by Highmont Mining, has been facing the possibility of a strike since September when the uni…
Preliminary Spectrum reserve estimate
A reserve estimate was released by Columbia Gold Mines (VSE) and Eurus Resource (VSE) for the Spectrum gold project in the north Iskut region of British Columbia. The project is operated by Columbia, …
Management at Brunswick launches cost-cutting effort
Management at Brunswick Mining and Smelting’s (TSE) No 12. mine is struggling to control costs in the aftermath of a 10-month strike that decimated the company’s balance sheet and knocked the wind out…
Noranda hit by forestry loss
A $20-million loss within its forestry division helped to put Toronto-based Noranda (TSE) firmly in the red during the recent third quarter. After deductions for preferred share dividends, Noranda rep…
PDAC Perspectives (November 11, 1991)
Native issues are rapidly rising to the top of the list of priorities for the federal, provincial and territorial governments of Canada. They could even eclipse environmental priorities which have dom…
NEWS IN BRIEF (November 11, 1991)
Vero Resources (ASE) has optioned its 25% interest in the Dee-J and Dee-South gold prospects in Nevada to BHP-Utah Minerals. The junior has also entered into a joint venture agreement with Golden Rege…
Spot prices at a glance (November 11, 1991)
Week’s Price (US) Change Gold* $354.40 – $5.40 Silver* $ 4.07 – $0.04 Platinum* $362.25 – $0.75 Nickel** $ 3.34 – $0.03 Lead** $ 0.23 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.45 …. Courtesy of Scotiab…