Frankfield to drill at Pickle Lake bet
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
News
Getty directors agree to accept Total offer
The board of directors of Getty Resources has advised its shareholders to accept the revised offer proposed by Total Resources. Although still claiming that Getty’s underlying value exceeds the $11 of…
Noranda, Central release results from 2 areas of Eagle River bet
Encouraging drilling results have been obtained by Noranda Exploration and Central Crude from two areas of the 290-claim Eagle River gold prospect located 30 miles from Wawa, Ont., in the Mishibishu L…
Montreal listing for Armistice Res.
Toronto-based Armistice Resources was recently listed for trading (symbol aci) on the Montreal Exchange. Incorporated in Ontario in 1984, Armistice, which also trades on the Alberta Stock Exchange, wa…
DRX Inc. acquires McFinley interest
A new shareholder may soon be making its presence felt at Toronto- based McFinley Red Lake Mines. An agreement has been signed between drx Inc. of Denver, Colo., and Alexandra Mining Co. (Bermuda) whe…
Metal Prices Future Prices
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 134.00 133.20 133.20 — 6.80 Mar 120.70 116.25 117.15 — 5.75 M…
Dolphin gets Royex board appointee
While seeking a listing on the Toronto Stock Exchange, Dolphin Explorations of Vancouver has attempted to strengthen its board by appointing Robert McCallum as president of the company. As a former vi…
Queries Arctic land holding makes Borealis Exploration worth
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Weaco Res. funds Esso drill program
Eight drill targets have been outlined by a $200,000 geological, geochemical and geophysical program carried out by Esso Minerals Canada on the Aimee gold prospect near Flin Flon, Man. These targets a…
Zinc-copper mineralization found at Abbey/Aur prospect
Partners Aur Resources and Abbey Exploration say they have intersected more high grade zinc-copper mineralization at the Lugold property in Louvicourt Twp., Que. According to Aur Chairman James Gill, …
Why a free tradee agreement is good for Quebec’s mining industry
For Quebec’s mining industry, the free trade agreement with the United States is a way to deflect rising U.S. protectionism. Indeed, free trade already exists in the mining industry: tariffs are low o…
Minefinders financing
Minefinders Corp. has completed an $800,000 financing which will fund exploration on three properties near Val d’Or, Que. Of the amount raised, $440,000 was on a flow-through basis.