Duration and Locator in Sault joint venture
Toronto-listed Duration Mines has entered a 3-way joint venture with Locator Explorations, and a private company called Aurogin Resources to explore 86 claims in the Sault Ste. Marie, Ont., mining div…
News
Nevada claims map
A detailed map of unpatented lode mining claim locations in Nevada — said to be the first of its kind — has been published in the U.S. The map, published by D. K. Marjaniemi & Associates, locates 1,…
Omni drilling expands reserves at Skukum Creek
A $2-million, phase-1 exploration program has substantially increased reserves at Omni Resources’ Skukum Creek property in the Yukon’s Wheaton River Valley. Drill-proven reserves have increased to 821…
Placement with Hemlo Gold helps Viceroy in California
A $10-million private placement with Hemlo Gold Mines will enable Viceroy Resource Corp. to purchase crushing, conveyor and stacking facilities for its Castle Mountain project in San Bernardino Cty., …
Uranium symposium (February 15, 1988)
The 13th annual symposium of the Uranium Institute is scheduled for Sept 7-9 in London, England. Uranium supply and demand is expected to be among the topics of discussion, along with political pressu…
Erratic grades at Ego
Drilling by Ego Resources on the West Main property near Wawa, Ont., has encountered erratic gold values. Grades ranged from 1.2 oz gold per ton across one ft to 0.12 oz in a 19-ft section. Assaying o…
$10-million agreement keeps Colomac on track
In the nick of time, Neptune Resources of Toronto has lined up the $10 million it needs to bring equipment and supplies over an ice road to its isolated Colomac property at Indin Lake north of Yellowk…
Cominco Resources profits from Buckhorn
For the first nine months of Cominco Resources International’s 76.4% ownership of the Buckhorn gold mine in Nevada, its share of income from the heap leaching operation was $5.3 million. The company’s…
Armistice tries to copy Kerr mine next door
A 2-3-year shaft-sinking and drilling program is under way here on a gold property optioned by Armistice Resources to determine the existence of ore deposits similar to those on the neighboring Kerr A…
Bull market over for copper?
Has the bubble burst for copper, or is the bull market for the base metal experiencing a temporary lapse? Reaching a spot price on the New York Commodity Exchange of $1.46(US) per lb at the end of las…
Goldteck drills high grade
Several encouraging assays have been received by Goldteck Mines from the company’s Stairs property, west of Matachewan, Ont. In the G-9 zone, located 2,000 ft east of the shaft, drilling intersected a…
Continental on ME
Incorporated in 1956 (as Continental Utilities Ltd.) in Alberta and initially in pipeline engineering design and feasibility studies related to natural gas distribution franchises, Continental Researc…