Peter Island, Sholia in option agreement
Peter Island Resources has entered into an option agreement with Shoilia Resources whereby Sholia may earn a 51% interest in Peter Island’s 42 claims located at the Tabor Lake area in Ontario’s Kenora…
News
Meet technological, marketing challenges head on, U.S. mining
** advised ** Changes in production and use patterns around the world are causing profound changes in the U.S. mining industry which, by consolidating its efforts, should rid itself of obsolete plants…
New Mascot underground mine to augment surface production
Production at Mascot Gold Mines’ Nickel Plate operation near Hedley, B.C., has traditionally been from underground workings, despite the fact there is a major open pit mine there today. But Mascot has…
Montreal Exchange Traders more confident
Investor confidence appears to be on the upswing again, judging by the positive results on the Montreal Exchange this week. And benefiting most seem to be the larger mining firms, such as Placer Dome,…
Initial reserves of 500,000 tons reported by Granges, MacMillan
Initial ore reserve calculations at the Granges Exploration-MacMillan Energy Mishi Lake project in northwestern Ontario reveal more than 500,000 tons grading 0.18 oz (cut) gold per ton, the companies …
Metal Prices FREE MARKET (November 30, 1987)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 24 Nov. 23 Nov. 20 Nov. 19 Nov. 18 Copper 1540-1542 1488-1490 1440-1445 1465-1466 1470-1475 Lead …
Continental interested in diamond claims
Shares of Continental Precious Minerals of Toronto, involved in the exploration and development for, among other mineral products, diamonds, were recently listed on the Montreal Exchange (symbol czq)….
Irish question tackled at Ennex’s Sperrin gold bet
While a viable solution to centuries-old troubles involving the Catholics and Protestants of Northern Ireland has eluded successive British governments, Dublin-based Ennex International is attempting …
Thunderwood bids to follow in Aur Resources’ footsteps
Just as Aur Resources is about to cross the barrier separating promising young junior exploration companies from Canadian gold producers, Chairman James Gill has hatched another company to take its pl…
St. Genevieve funding (November 30, 1987)
St. Genevieve Resources and Societe en Commandite Sofimines 1987 have entered into an agreement whereby Sofimines will contribute $326,400 towards the former’s exploration programs in exchange for 65,…
Nevada Capital ups Euro-Nevada holding
Toronto-based Nevada Capital Corp. has acquired, following private agreements, 162,100 common shares of Euro Nevada Mining. In addition to the 1,344,560 common shares and a self administered RRSP owne…
Kimex offering
Value of an offering carried out by Kimex Resources recently admitted to trading on the Montreal Exchange (symbol kmx), was $450,000. Kimex, with offices in Rouyn- Noranda, Que., owns three properties…