Gulf drilling Northwest zone at McLymont
A surface exploration program to include at least 10,000 ft of drilling is under way on the McLymont property owned 100% by Gulf International Minerals (VSE). The gold-silver-copper project is located…
News
Multinational begins Toodoggone work
Crews were recently mobilized to carry out work programs at two key mineral properties held by Multinational Resources (VSE). The company plans to carry out detailed mapping, prospecting, trenching an…
Western Canadian Mining’s Sulphurets interest for sale
Another significant copper deposit in British Columbia is up for sale. Western Canadian Mining (VSE) has announced plans to sell its 74% interest in Sulphurets Gold Corp. (VSE), 100% owner of the Kerr…
Majors big spenders while juniors struggle to survive …Add
Top exploration spenders in 1989 0906,0006,0106 World- wide expl’n Companybudget ($ million(US) 1989) Noranda Group 168.0 includes Minnova/Kerr Addison 17.0 Hemlo Gold 24.0 RTZ Group 120.0 Cons…
Managing Canada’s Mines Computers are good tools but people make
Like so many of this country’s top mine operators, Giant Yellowknife’s manager of mining operations, Mike Lalonde, is a graduate of the respected Haileybury School of Mines. Later he went on to 0506,0…
Metal Prices FUTURES PRICES (July 24, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 109.90 107.25 109.80 + 3.80 Sep 109.20 106.70 109.00 + 3.40 Dec 104.00 10…
Calpine’s drilling extends Eskay Creek along strike
Step-out drilling has extended the strike length of the 21 zone by almost 1,000 ft at the Eskay Creek project of Calpine Resources (VSE) in northern British Columbia. Consolidated Stikine Silver (VSE)…
Majors big spenders while juniors struggle to survive
Despite a dramatic slowdown in the junior mining sector, exploration spending by senior companies will be at record levels in Canada this year, says a report by the Halifax-based Metals Economics Grou…
Madeleine Mines in no rush to begin platinum mining
If management were to put on any kind of a drive to production, Madeleine Mines (TSE) could be turning out a palladium-platinum-nickel-copper concentrate by year end, The Northern Miner gathered on a …
VenturesTrident ups stake in Eastmaque
By way of several recent market purchases on the Toronto Stock Exchange, Denver- based VenturesTrident Limited Partnership has increased its stake in Eastmaque Gold Mines (TSE) to about 14.71% of East…
Inco, High River cut big intersection
The deepest hole completed by Inco Gold on the former-producing Snow Lake gold mine property has intersected 105.5 ft grading 0.25 oz gold per ton. The hole was completed at a depth of 2,880 ft. Locat…
Toronto Stock Exchange Indices (July 24, 1989)
1989 July 18 July 17 July 14 July 13 July 12 HIGH LOW Composite “300” 3853.35 3854.74 3849.20 3842.44 3837.44 3854.74 3353.13 Metals & Minerals 3289.11 3348.46 3371.88 33…