News


Metal Prices FREE MARKET (February 01, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 26 Jan. 25 Jan. 22 Jan. 21 Jan. 20 Copper 1375.5-1376.5 1418-1420 1395-1400 1377-1381 1425-1430 Lea…


Newfields pleased with Narrows results

Several encouraging drill intersections have been drilled by Newfields Minerals on the company’s Teck-Hughes property near Kirkland Lake, Ont. Drilling on the Narrows Break zone returned a 6.8-ft sect…


Canhorn selling Citadel shares to investor group

Toronto-based Canhorn Mining has announced a plan to sell almost all of its 34.5% interest in Citadel Gold Mines to a group of Toronto investors. While Citadel is the 100%-owner of a Wawa, Ont., gold …


Sirious/Eaglet drill Adams Plateau claims

A $285,000 geophysical and diamond drilling program is being undertaken by joint venture partners Sirious Resource and Eaglet Mines on Adams Exploration’s precious metals-massive sulphide claims on th…


COATS Trading Features (February 01, 1988)

Much troubled Carolin Mines, which was plagued by all sorts of problems at its Ladner Creek, B.C., gold property several years ago, is being thinly traded on coats. The issue was quiet at $1.15 this w…


Huldra stockpiling ore at Treasure Mtn.

An initial bulk sample from Huldra Silver’s Treasure Mountain property east of Hope, B.C., has netted the company $344,265. The 407-ton sample, obtained from surface mining of the C vein, was processe…


Coal Association, Canmet fund new research study

A new study to jointly recommend new coal research and development plans will be funded by the Coal Association of Canada, and the Canada Centre for Mineral and Energy Technology, (canmet). A joint an…


CROSS-CUTS Plumbing the depths

Did subduction of one of the lithospheric plates off Vancouver Island end a million years ago? Or does this still continue today? For the answer, you may have to wait a few years. But an answer there …


Hayes confirms high grade at Alaskan mine property

Underground exploration by Hayes Resources on the former producing Cliff gold mine in Alaska, has confirmed the presence of a high grade vein. Held under option from Dasher Resources, the Cliff proper…


Maintenance THE EYES HAVE IT

Mechanical tests on hoist ropes are only an aid. Maintenance people should not rely solely on an instrument’s ability to detect broken wires, localized corrosion or other physical damage. Visual inspe…


Maintenance IN SYNCH

An important safety feature on friction hoists is the re-synchronizing mechanism. On completion of the hoisting cycle for one conveyance, it is automatically spotted at a predetermined position in the…


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