Drilling hits high grade gold in Rossland camp
Project operator Antelope Resources (VSE) has intersected an impressive 7.1 oz gold per ton over an estimated true width of 8.4 ft at a depth of 150 ft in an untested area on the Iron Colt claim near …
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Minnova, Westfield deal on Big Island base metals play
Minnova Inc. (TSE) has acquired an option to earn a 50% interest in the Big Island Lake polymetallic deposit owned by Westfield Minerals (TSE) and Goldbra e Developments (VSE). Located near Flin Flon,…
Spot prices at a glance (July 17, 1989)
Week’s Price (US) Change Gold* $379.50 +$ 1.10 Silver* $ 5.25 –$ 0.01 Platinum* $508.50 +$ 0.40 Nickel** $ 5.44 –$ 0.09 Lead** $ 0.31 +$ 0.01 Copper- …
Toronto Stock Exchange Aur and Louvem surge in wake of hot drill
Two more strong holes from what is shaping up to be the most exciting base metals strike in years kept investor interest in the shares of Aur Resources, Societe Miniere Louvem and St. Genevieve Resour…
Ansil copper mine up and running
Celebrating the 25th year of its Lac Dufault division, Minnova Inc. (TSE) has officially opened its Ansil copper mine near here. The relatively rich massive sulphide copper deposit, which also hosts z…
Peat Resources preparing sample
A bulk sample of peat fuel is being prepared for handling and burning tests by Ontario Hydro at the end of August, Peat Resources (COATS) reports. The company says peat from northern Ontario is curren…
Goldhunter options Cons. Milner claims
Toronto-based Goldhunter Explorations (ASE) recently acquired an option to earn a 60% working interest in 40 unpatented mining claims near Pickle Lake, Ont. Held by Milner Consolidated Silver Mines (A…
3 holes extend size of Aur’s discovery, intersect new zones
Eagerly awaited drill results from Aur Resources’ (TSE) massive sulphide discovery surpassed expectations judging by the reaction of the stock market. Two holes extended the zone announced earlier (N….
Partners pull good holes on Equinox properties
Drilling by Cominco Resources International (TSE) and LAC Minerals (TSE) intersected gold mineralization on two separate Nevada properties where Equinox Resources (TSE) is owner or joint venture partn…
Editorial Medals of bravery
There are few occupations where one relies on fellow workers in times of emergency to the same extent miners do. There are the everyday tasks done with the safety of others in mind and there are the f…
Force de-lists from VSE
Force Resources (COATS) has been de-listed from the Vancouver Stock Exchange after continued testing of samples from its Moapa Valley project in Nevada by independent laboratories failed to yield assa…
Metal Prices PRODUCER PRICES (July 17, 1989)
ALUMINUM: MW U.S. Market US83.50 cents – 85.50 cents per lb. (July 6, 1989). ANTIMONY: New York dealer 98 cents -$1.00(US) per lb. (June 22, 1989). BISMUTH: New York dealer $5.75-$5.85(US) per lb. (Ju…