Reserve estimate calculated by Murgold, Chesbar
A reserve estimate has been calculated by partners Murgold Resources (40%), VSE and Chesbar Resources (60%), ME for their Chester Twp., Ont., gold property. The property is located 67 miles south of T…
News
Canadian firm has process for recovery of platinum
What is believed to be a significant breakthrough in the recovery of the platinum group metals appears to have been made by Platinum Lake Technology Inc., a private Canadian company with strong backin…
Joutel to get Noront assets
A reserve takeover of Noront Resources (VSE) will take the company from the mineral exploration field to the computer sector. Under the terms of a proposed deal, Noront will transfer all its mining pr…
Eider decision
Disappointed by the results of a bulk sample taken from the Lake Rose property located east of Val d’Or, Que., Eider Resources (me) says it has no plans to spend more money on the property in the near…
Viscount/Skylark mine producing 140 tons/day
Full production is now under way at Viscount Resources’ (VSE) and Skylark Resources’ (VSE) jointly owned O.B. silver-gold mine at Greenwood, B.C. The mine started shipping 80 tons per day to the nearb…
Metal Prices FREE MARKET (April 11, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr. 5 Apr. 4 Apr. 1 Mar. 31 Mar. 30 Copper 1324-1326 N/A N/A 1355-1358 1310-1312 Lead …
Cominco/Dore
Two companies: Cominco Ltd. and a TSE junior, Dore-Norbaska Resources, have decided to spend about $975,000 on a claim block in Noyell Twp., in the Casa Berardi region of Quebec. The decision follows …
Energex considers heap leaching at Toodoggone gold property
The possibility of combining seasonal heap leaching with conventional milling is being considered by Energex Minerals (VSE) at its Al gold property in the Toodoggone area of British Columbia. “Project…
World uranium output declines in ’87
Total production of uranium by non-Communist countries decreased in 1987 compared with the year before, with three of the top four producing nations — Australia, South Africa and the U.S.A. — showin…
People (April 11, 1988)
Malartic Hygrade Gold Mines (Canada) — Marc C. Henderson appointed president and chief executive officer succeeding Jack Belton, who is retiring, but remains a director. Ross D. Parry elected chairma…
News in Brief (April 11, 1988)
Geodome Resources has changed its transfer agent to Royal Trust Co.
Interest expressed in Dumont property
Record nickel prices have created an interest in a deposit of the base metal situated in northwestern Quebec, Dumont Nickel (ME) of Val d’Or reports. Two American companies are negotiating for long-te…