Small drill development by Hydracore
Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups and which would allow easy movement and repositioning. The result was the Gopher Drill wh…
News
West coast action a bright spot for some contractors
Times may be tough for the diamond drilling industry, but several contractors are being kept busy working on some high profile exploration and development projects involving both precious and base met…
VSE steps up surveillance
The Vancouver Stock Exchange has recently signed two agreements to strengthen its international securities surveillance capabilities. A memorandum of understanding has been signed with The Securities …
INSIDE Safety awards highlight luncheon
N. Morissette Canada scooped up three awards at a special safety luncheon during the Canadian Diamond Drilling Association’s annual meeting in Vancouver. Page B7…
$150,000 in flow-through for Fontana gold project
A maximum of $150,000 in flow-through financing will go toward Jilbey Exploration’s (ME) share of expenses on the Fontana joint venture project in Duverny Twp., Que. CMP 1990 Resource Partnership has …
METALS PRICES PRODUCER PRICES (May 21, 1990)
ALUMINUM: MW U.S. Market US70.75- 73.75 cents per lb. (May 10, 1990). ANTIMONY: New York dealer US82-84 cents per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$4.15-4.25 per lb. (May 10, 1990). CAD…
Core drilling making inroads into geothermal exploration
In the past, geothermal exploration has traditionally been done using large oil field equipment. However, advances in equipment and techniques in wireline core drilling, over the past two decades, hav…
Denison has loss in first quarter
Improvements at Denison Mines’ (TSE) uranium operations at Elliot Lake, Ont., were offset by a number of other factors including lower oil and gas production during the three months ended March 31. As…
Colombia guerrillas attack gold mine
A small gold mine in northern Colombia, recently destroyed by guerrillas, is owned by Americans, and not Canadians as has been reported. Jim Anthony, chairman of Greenstone Resources (TSE) which has p…
Toronto Stock Exchange Indices 0701,0205,0205,0205,0205,0205,0205,
May 15 May 14 May 11 May 10 May 9 HIGH LOW Composite “300” 3505.34 3526.50 3534.98 3486.47 3464.00 4009.47 3334.13 Metals & Minerals3075.36 3122.01 3138.03 3084.82 3032.47 3453.06 2850.84 Integrated M…
USMX to buy 50% of Alligator Ridge mine
USMX (NASDAQ) of Denver, Colo., has reached an accord with RTZ-subsidiary Kennocott Corp., to purchase the latter company’s 50% interest in the Alligator Ridge gold mine in White Pine Cty., Nev. A for…
BOOKS IN REVIEW Markets fare well in developing natins
Emerging Stock Markets Factbook 1990, fourth in an annual series, shows that the world’s best- performing markets last year were in developing countries. Turkey’s stock market, with a 300% gain in 198…