Farquharson property optioned by Orcana
Toronto-based Orcana Resources (VSE) has optioned a group of 18 claims located about six miles east of the Val d’Or massive sulphide discovery currently being explored by Aur Resources (TSE) and Socie…
News
Dayton gets gold project in Chile
Vancouver-based Dayton Developments (VSE) has entered into an option agreement with Chevron Resources to acquire a 100% interest in the Andacollo gold property located in Chile. The property is situat…
VSM drill results
The first results from this season’s drill program on the Grevet M zinc deposit have been released by VSM Exploration (ME). Hole 65 intersected 9.8 ft grading 9.45% zinc, 0.74% copper and 1.1 oz silve…
Hansuld emerges as Spirit Lake’s President, C.E.O.
John Hansuld, the man whose name became almost synonymous with Canamax Resources (TSE), has been named president and chief executive officer of Spirit Lake Explorations (ME). Hansuld resigned as Presi…
Newhawk drilling intersects new zone
Underground drilling has successfully intersected the R-8 zone of the Sulphurets gold-silver property in northern British Columbia on three sections, Newhawk Gold Mines (TSE) reports. The R-8 zone, un…
Managing Canada’s Mines Miners must project better image of their
While he holds great faith in both the resolve and ingenuity of the people in the mining industry, T. A. (Tom) Dickson, mine manager of Minnova’s Winston Lake Division at Schrieber, Ont., sees this as…
FMC Gold to evaluate Excelsior project
Spokane- based Steelhead Resources (VSE) recently granted FMC Gold Co. (NYSE) the right to perform a detailed evaluation of its Excelsior gold-silver project located in Whatcom Cty., Wash. The agreeme…
letters to the Editor Paymaster sparked concern for safety
Having read articles in The Northern Miner as to the Paymaster disaster when 16 miners plunged to their deaths when a cable broke and the safety dogs failed, I notice that various dates have been stat…
Westmin discovers new massive sulphide zone at Myra Falls
Recent exploration drilling by Westmin Resources (TSE) intersected significant thicknesses of massive sulphide mineralization in a new zone at the company’s Myra Falls mine property near Campbell Rive…
Metal Prices PRODUCER PRICES (August 21, 1989)
ALUMINUM: MW U.S. Market US82.00 cents – 83.50 cents per lb. (Aug 3, 1989). ANTIMONY: New York dealer 95 cents -$1.00(US) per lb. (July 20, 1989). BISMUTH: New York dealer $5.45-$5.50(US) per lb. (Aug…
FINANCING (August 21, 1989)
VANCOUVER Couverden Point Res — gross proceeds rec $315,000 Ecstall Mng — 500,000 sold for gross $225,000 Goldnev Res — 2,600,000 sold for gross $2,730,000 Marina Expls — sold for gross $227,500 B…
News in Brief (August 21, 1989)
Liberian Iron Ore Ltd. (TSE) has announced that mining has stopped at its 37.5%-owned LAMCO joint venture mine in Yekepa, Liberia. Ore processing and shipping will continue until late 1989 from the or…