News

Seabright feasibility

A preliminary feasibility study is being completed by Seabright Explorations (TSE) on the company’s Touquoy gold property in Nova Scotia. A 20,000-ton bulk sample is also being mined which will be pro…


Base metal potential at Cobalt silver mine

Joint venture partners Silverside Resources (TSE) and International Platinum Corp. (TSE) have an- nounced a base metal discovery on their 520 acre silver property located northeast of Cobalt, Ont. The…


People (October 17, 1988)

Well-known Canadian geologist Steven Scott has been appointed Chairman of the Geological Engineering division at the University of Toronto. A professor of geology at the University of Toronto, Dr Scot…


Kewagama raises exploration funds

A flow-through financing agreement worth $435,000 has been reached between Kewagama Gold Mines (Quebec) (ME) and CMP 1988 III Resource Partnership and Co., Ltd. Under the agreement, shares will be iss…



Metal Prices (October 17, 1988)

FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 Copper N/A …


Mine production satisfies 66% of world gold demand

While gold production from mines in the non-Communist world will total 53.5 million oz by 1991, there won’t be enough of the metal to satisfy demand. In fact, the Gold Institute of Washington, D.C., r…



Delaware to take over Prime Capital

A takeover offer by Delaware Resources Corp. (VSE) for Vancouver-based Prime Capital should put the continuing company firmly in the hands of Corona Corp. (TSE). Prime Capital chairman Murray Pezim co…


Graphite play viable Stewart Lake says

A prefeasibility study for the Kirkham graphite deposit north of Kingston, Ont., has been completed, Stewart Lake Resources (TSE) says. The study, completed by Kilborn Ltd., a consulting engineering c…


Editorial Does Manitoba need Inspiration?

Unfortunately, Canada’s policy of contributing public funds to smelter modernization programs nation-wide appears to have run smack into a conflict with our foreign policy with regards to apartheid in…



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