News



Armistice plans a bulk sample

A 10,000-ton bulk sample is planned by Armistice Resources (ME) from the Mill zone of its Virginiatown gold property in northeastern Ontario. An open pit method will be used to extract the sample from…



Indigo Gold drilling Louvicourt property

A 2-hole drill program is scheduled to get under way this month on property shared by Indigo Gold Mines (ASE), Globex Mining Enterprises (ME) and Murgor Resources (VSE) in Louvicourt Twp., Que. Situat…


PRODUCER PRICES (January 29, 1990)

ALUMINUM: MW U.S. Market US68.75- 70.50 cents per lb. (Jan. 18, 1990). ANTIMONY: New York dealer US81-84 cents per lb. (Nov. 30, 1989). BISMUTH: New York dealer US$4.40-4.50 per lb. (Dec. 14, 1989). …


Deak Res. active at 4 properties

Four exploration programs have been started up by Deak Resources (TSE) following completion of flow-through financings. Two drill rigs are working at the Aldermac property, 10 miles west of Rouyn-Nora…



Tarzan, Glen Auden

A diamond drill program has started on the Walker-Wilkie property held under option by Asarco Exploration of Canada. Asarco has the right to earn a 51% interest in the claims near Matheson, Ont., and …



More gold for Placer

With the first bullion poured at the Granny Smith mine in Western Australia, yet another producing gold mine has been added to the Placer Dome (TSE) fold. Placer’s 75.8% owned Placer Pacific has a 60%…


Gold Vessel deal

Gold Vessel Resources (ASE) has entered into an agreement with St. Genevieve Resources (TSE) to buy the latter company’s interest in the Granada gold prospect near Rouyn, Que. Gold Vessel can buy a 40…


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