News

Noranda dealing with San Paulo Mishibishu ground

San Paulo Explorations has just dealt one of its two gold properties in the Mishibishu Lake area of northwestern Ontario to Noranda Exploration, The Northern Miner learns from Peter D. Walker, the com…


Acadia considering partners to develop Mooseland bet

Overtures by Canadian and foreign interests to assist in developing the Mooseland gold property in Nova Scotia have been received by junior explorer Acadia Mineral Ventures of Toronto. The company has…



Musto closing gallium project

A shortage of working capital caused by poor gallium markets has led to the closure of Musto Explorations’ Apex mine project near St. George, Utah. According to H. Lutz Klingmann, president, the compa…



Montreal Exchange (September 21, 1987)

Continuing to trade actively on the Montreal Exchange this week was Abitibi Metal Mines, which closed down 3 cents to 24 cents with more than 1.2 million shares changing hands. Confident about bringi…


Argentex, Sholia in Saskatchewan play

Partners Sholia Resources and Argentex Resource Exploration have equally acquired the right to earn an 80% interest in a mineral claim located in northern Saskatchewan. The vendors were Comaplex Resou…



Chesbar reports high gold values

With the resumption of drifting on the No 3 vein at a depth of 200 ft, Chesbar Resources reports high gold values have been encountered at the Chester Twp. property in northern Ontario. From the point…


Wilco debenture deal

Wilco Mining has issued a convertible note to Deak Ariadne Ltd. which raised $1.1 million. The funds will be used to purchase 400,000 shares of Seadrift International Explorations which is drilling th…


Newfield to repair Teck shaft No. 2

Newfield Minerals has settled the terms of a flow-through financing enabling the company to proceed with rehabilition of Teck Corp.’s Kirkland Minerals No 2 shaft. The shaft is located approximately 1…


Metal Prices PRODUCER PRICES (September 21, 1987)

ALUMINUM: MW U.S. Market 78.00 cents -81.00 cents per lb. (Sept 3, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$5.00 per lb. (Aug 20, 1987). CA…


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