Noranda options Camreco property
A letter of agreement has been entered into between Camreco (TSE) and Noranda Exploration, a unit of Noranda (TSE), whereby the latter may earn a 50% interest in the Goldlund gold property in northwes…
News
Vancouver Stock Exchange Chase, Grizzly buck trend
The Vancouver Stock Exchange continued its progression of record lows over the week ended Dec. 11. The Composite Index settled with an 8-year record low close of 505.84 before rebounding somewhat to f…
U.S. REPORT Initial results from Fort Knox bulk sample
Preliminary assay results were released by Fairbanks Gold (VSE) from a 45,000- ton bulk sample mined at its 51% owned Fort Knox gold property near Fairbanks, Alaska. The company said the preliminary, …
Spot prices at a glance (December 17, 1990)
Week’s Price (US) Change Gold* $377.30 — $7.45 Silver* $4.15 + $0.04 Platinum*$429.75 + $3.00 Nickel** $3.70 + $0.03 Lead** $0.29 — $0.02 Copper- $1.11 — $0.02 Zinc– $0.56 — $0.01 Courtesy of Sco…
Toronto Stock Exchange Metal stocks up as Noranda tightens purse
Base metal stocks continued to benefit from the prospect of lower interest rates and the likelihood of a peaceful solution to the Gulf crisis during the week ended Dec. 11. The big producers including…
LETTERS TO THE EDITOR Another view of the Roman Empire
Your review (T.N.M., Nov. 26/90) of The Roman Empire reflects the view of the book’s author, Paul McKay, who obviously has omitted some facts. Thus your article reveals that the book was written with …
Ontario supports Shoal Lake mining
Ontario’s mines minister, Gilles Pouliot, says the Ontario government supports mining development on Shoal Lake in northwestern Ontario as long as it does not threaten the available supply of drinking…
COATS (over-the-counter) Card claims gain value
A 5-claim package owned by Card Lake Resources in Holloway Twp., Ont., is looking increasingly attractive as Noranda probes extensions of the Lightening gold zone on a property optioned from Canamax. …
New gold showing near Seabee mine site
Exploration in the vicinity of the Seabee mine site in northern Saskatchewan has uncovered a promising new gold showing, say partners Claude Resources (TSE) and Manchester Resources. While prospecting…
Craftech, Revere deal
Craftech Manufacturing, a private company, has signed an option deal to earn a 50% interest in Revere Resources’ (VSE) Rice Lake gold property near the old San Antonio mine in Manitoba. The deal marks…
MAC seeks tax deductions for mine reclamation contributions
The tax treatment of reclamation expenditures was the focus of mining industry addresses to the federal government in this year’s pre- budget consultations in Ottawa. In a submission to Finance Minist…
Spirit Lake funding
Two private placements totalling $300,000 have been completed by Spirit Lake Explorations (ME) which plans to begin a surface drilling program on its Edwards gold project in Jacobson Twp., near Wawa, …