Staking allowed in Eskay area
A “no-staking” reserve covering part of the Eskay Creek area in northwestern British Columbia was lifted by the provincial government early in September. The 19,600-hectare reserve was imposed in Apri…
News
Success at Grevet
The initial drilling success at the Grevet zinc project in northwestern Quebec has given rise to a feeling that the area has great potential. As a result, the two partners on the project, VSM Explorat…
LME established as primary price quote for sales of lead
The London Metal Exchange (LME) is a commodities market in London, England, that acts as a worldwide trading centre for metals. Producers and consumers use its daily official prices for lead, copper, …
Drilling boosts potential of Williams Creek copper project
Initial results from drilling on the Williams Creek property, 28 miles by road northwest of Carmacks, Yukon, indicate previous estimates of reserve tonnage and grade will be increased. Prior to beginn…
OBITUARY (September 23, 1991)
Karl Springer, renowned prospector and aviator, died recently in Toronto. He was 92. As a founding member of the Prospectors and Developers Association of Canada in 1932 and later as one of the group’…
Westaurum to buy B.C. copper bets
Under a letter of intent with International Lornex, a private British Columbia company, Westaurum Industries (ASE) will acquire interests in several established copper deposits in northern British Col…
Aur, Louvem seek to minimize dilution building Louvicourt
Partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) expect the capital cost of developing their Louvicourt Twp. massive sulphide deposit east of Val d’Or, Que., to be well over $300 million….
PROFILE (September 23, 1991)
As most miners have shelved their exploration plans during this recession, Crown Resources remains steadfast in its search for gold. Rain or shine, field geologists, who hold stock options in the comp…
Inland Gold looks for new mine
Inland Gold & Silver (NASDAQ), the Washington-based affiliate of Pegasus Gold (TSE), is on the lookout for a new mine to replace its Toiyabe heap leach gold operation near Crescent Valley, Nev. In the…
Copper price shows strength despite Gulf War, slow growth
Copper prices have shown “remarkable resilience” since the beginning of 1991, despite the Persian Gulf War and faltering global economic growth, said London-based investment firm Carr Kitcat & Aitken …
Freewest feasibility looks positive
A feasibility study recently completed on the Holloway project near Matheson, Ont., indicates that the Lightning zone gold deposit could be economically developed based on a 1,650-ton-per-day operatio…
Aur postpones Louvicourt work
Shaft sinking at the Louvicourt Twp. massive sulphide property, east of Val d’Or, Que., is being delayed until partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) complete a feasibility stud…