Radisson plans bulk sample
A 10,000-tonne bulk sample from the Duquesne gold mine property near Rouyn-Noranda, Que., is scheduled for extraction during the last week of January, 1990, Radisson Mining Resources (ME) reports. Loa…
News
Sampling ups RJK’s reserves
Estimates of the amount of gold contained in the Box and Athona deposits near Uranium City, Sask. are about to increase significantly due to a sampling/assaying program called total gold extraction. T…
Cathedral in red ink for third quarter
A net loss of $113,000 was reported by Cathedral Gold (TSE) for the third quarter ended Sept 30. For the first nine months of the year, net loss was $256,000 on revenues of $1.22 million. Gold product…
Trelleborg probes Spanish deposit
A major zinc deposit may have been uncovered by Trelleborg in southern Spain. The Swedish company, which recently purchased a 50% ownership in Falconbridge Ltd., is reported to be excited about one of…
Vancouver Stock Exchange Seven Mile High active
Trading on the Vancouver market was somewhat lacklustre for the week ended Dec 12 with the VSE Index mostly at the 700-point level. On a more positive note, gold began to inch back up from the $400(US…
Goldex hits zone on Ormico gold bet
Goldex Mines (TSE) says it has intersected a new gold zone while drilling Ormico Exploration’s Val d’Or, Que., claims from the 1,250- ft level on its own ground. Goldex recently completed the work nee…
Homestake drilling Kamad Silver property (December 18, 1989)
A drill program by a subsidiary of Homestake Mining (NYSE) is under way on the Kamad 7 claim adjacent to the Minnova/Rea Gold Samatosum mine near Barriere, B.C. According to Kamad Silver (VSE), previo…
Rainbow releases Inco Expl. result
Results were released recently from a 4-hole program on the gold- copper project of Rainbow Exploration (ASE) and Inco Exploration in Falconbridge Twp., five miles northeast of Sudbury, Ont. Inco Expl…
Rayrock optimistic on potential to expand Stonehouse
Possibilities are good for an expansion of the Stonehouse gold deposit toward the west, Rayrock Yellowknife Resources (TSE), the project operator, says. Situated in Nevada near Rayrock’s Marigold mine…
Belmoral interested in Wrightbar drilling
Belmoral Mines (TSE) is watching with interest the drilling program being undertaken on the southern portion of the Bourlamaque Twp. property of Wrightbar Mines (ME) in northwestern Quebec. Wrightbar,…
Continental Pacific plans NWT programs (December 18, 1989)
After spending over $1 million on exploration this past season, Continental Pacific Resources (VSE) plans to spend a further $2 million in the 1990 season on its two key properties in the Northwest Te…
Deep drilling by Wrightbar testing base metal potential
Assay results are expected to be released this week from a 3,000-ft hole drilled to test for the depth extension of a zinc zone on Wrightbar Mines’ (ME) Bourlamaque Twp. property, east of Val d’Or. Th…