Spinner to sell Manitou interest to Gold Vessel
Montreal-based Gold Vessel Resources (ASE) has signed a preliminary agreement to acquire Gold Spinner International’s stake in the Manitou tailings project east of Val d’Or, Que. Under an agreement wi…
News
Research LEAD FINGERPRONTS
Many ore prospects are poorly Mexposed and complexly metaMmorphosed and deformed. Many thus are accessible only at great expense because of their remoteness or the rugged terrain within which they lie…
Metal snips (October 02, 1989)
A gold and silver refinery was officially opened recently near Sydney, Australia, by Pacific Precious Metals Ltd., a company in which Noranda Minerals has a 40% interest. The other two partners in the…
Alberta Stock Exchange Sept 27 Markets column Must go Golden
Issues which have peaked investor interest during the past couple of trading sessions, continued to make progress this week. Golden Crescent Resources, for example, gained 26 cents on large volumes b…
Onitap Sept 21
Onitap Resources (TSE) is seeking funding for a 25,000-ft drill program designed to test the company’s copper-zinc property in Tonnancourt Twp., Que. Hosting drill- indicated reserves of 60,000 tons g…
What’s New DUST SUPPRESSOR
Industrial Mechanical Specialties (IMS) of Thornhill, Ont., has come up with a new way of suppressing airborne dust in underground hardrock mines. John Morgan, an IMS specialist hit upon the idea when…
American Pacific boosts earnings
Now that access has been gained to higher grade ore at the El Mochito polymetallic mine in Honduras, American Pacific Mining (TSE) is reporting a substantial increase in production and earnings. The N…
VSM, Serem drill wide intersection
Drill hole 70 at the Grevet zinc project near Matagami, Que., intersected 44.2 ft (25.3 ft true width) of economic grade, the widest intersection to date, VSM Exploration (ME) and Serem-Quebec report….
editorial Research rivalry
Energy, Mines & Resources (EMR) is setting up a new regional research office in Quebec and in today’s tight fiscal regime, it has to rob someone else to pay Quebec’s way. EMR has five research labs in…
Junior Zinc Producer a Success
Denehurst Ltd. was formed in 1987 to acquire the Woodlawn base metal mine near Goulbourne in New South Wales from CRA Ltd. The mine, developed as an open pit in the mid-1970s, was nearing the end of i…
INCO CLEANS UP
Mining and other industrial companies are finding there is something to be gained from tough, new anti-pollution laws; they can secure for themselves a clean reputation from cleaning up. Inco Ltd. has…
LAKE SHORE TAILINGS
Squeezing more gold out of old tailings isn’t easy, but LAC Minerals has found a way. It took a full year, but the company finally has ironed the wrinkles out of its tailings retreatment operation in …