Pacific Comox drilling Yukon claims
Assays from a recent drill program on the TAY-LP claims west of the Ketza River gold mine were released by project operator, Pacific Comox Resources (VSE). The company is earning a 49% interest in the…
News
Val d’Or, Abcourt check previous drill results
A re-interpretation of old drill holes from the Bardome gold project located 30 miles from Val d’Or, Que., has been undertaken by joint- venture partners Val d’Or Resources (ME) and Abcourt Mines (ME)…
United Keno Hill files prospectus
Silver producer United Keno Hill Mines (TSE) of Toronto says it is filing a preliminary prospectus with respect to its previously announced rights offering to shareholders. The preliminary prospectus …
Dolphin encouraged by Cape Ray results
Recently winding up its 1988 exploration program at its Cape Ray gold project in southwestern Newfoundland because of climatic conditions was Dolphin Explorations (TSE). About 56,700 ft of core sample…
Crown Resource Corp acquires Carlin bet
Crown Resource Corp. (NASDAQ) has optioned a 34,000-acre exploration property in the southern portion of the Carlin trend in Elko Cty., Nev. The property, which lies about six miles southeast of Newmo…
Value of ’87 mineral production in Canada reaches $17.7 million
The value of mineral production in Canada (excluding petroleum and natural gas) totalled a record $17.7 billion in 1987, the Mining Association of Canada reports. Of that amount, the value of gold con…
Discovery made in Idaho Beartrack looks big for Meridian
What appears to be an important gold discovery has been made by Meridian Gold Company about 10 miles west of Salmon, Idaho. More than 100 holes have been drilled into the company’s Beartrack deposit a…
Curragh seeks interest in American Pacific Mining
Toronto-based Curragh Resources, a private company which owns and operates the Faro lead and zinc mine in the Yukon Territory, has declared its intent to acquire an interest in American Pacific Mining…
Placer Dome: North American favorite
What North American gold stock do institutional investors favor? Placer Dome Inc. (TSE). According to analysts Rick Cohen, Brian Flower and Elaine Howell of James Capel & Co., shares of Placer Dome re…
Ronrico busy at Louvicourt mine
A production decision could come in the new year for the Simkar gold project near Val d’Or, Que., Ronrico Explorations’ (VSE) President Donald Kemp told shareholders at the company’s annual meeting in…
Canamax increases Mt Hundere’s reserve
Geological reserves have been increased by Canamax Resources (TSE) on the company’s Mt. Hundere zinc-lead property near Watson Lake, Y.T. Drilling has outlined reserves of 5.2 million tonnes grading 1…
Metal Prices (December 12, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 6 Dec 5 Dec 2 Dec 1 Nov 30 Copper 191…