Leckie reserves increase
Drilling on the Leckie property has increased reserves to 193,000 tons grading 0.215 oz gold per ton, Stroud Resources (TSE) reports. Partner Exador Resources (TSE) is earning a 30% interest in the pr…
News
High River acquires 20% of Nor-Acme Mns.
A. L. Parres, president of Nor- Acme Gold Mines (TSE), has agreed to sell his shareholdings in the company to High River Resources (VSE) of Vancouver, the company said recently. Parres currently holds…
Granges/Abermin marriage on the rocks over Tartan
What began as a marital spat between two Vancouver-based mining companies could turn into a full-fledged divorce. .T The object of the dispute is the Tartan Lake gold mine near Flin Flon, Man., curre…
Gaming still No 1 in Nevada but mining only game in Elko
Gaming is still Nevada’s largest industry and probably always will be. But it’s certainly not the mainstay of Elko anymore where legalized gambling began nearly a half century ago. Several new gold mi…
Continuity confirmed at depth: Mimiska
Additional drilling results have been reported by Mimiska Mining (ME) from its wholly-owned Fern Elizabeth gold property in northwestern Quebec. The company says the latest results confirm the continu…
Sherritt Gordon has an improved quarter
While Sherritt Gordon (TSE) is on the hunt for new feed for its Alberta nickel refinery, buoyant nickel prices and coinage product profits combined to produce a record second-quarter. Net earnings inc…
Toronto Stock Exchange Base-metal miners lead volume pack
A period of trench warfare has embraced the markets, as stagnant, directionless trading continued for yet another week. A sort of `quiet- before-the-storm’ attitude has affected traders, who remain ca…
Newmont has several deposits but Gold Quarry main producer
Although Newmont Gold Company has more than a dozen gold deposits on its Carlin holdings, about 70% of its production is coming from the Gold Quarry deposit which was first identified in 1979. Develop…
Drilling continues at Joubi prospect
Encouraging initial underground drilling results have been reported by operator Western Quebec Mines (ME) from the Joubi gold project in the Val d’Or area of northwestern Quebec. Western Quebec is inv…
Jonpol annual meeting
A little more than a year after drilling its discovery hole on the Newfield property, Jonpol Explorations (TSE) has blocked out a drill- indicated reserve of 1.3 million tons grading 0.231 oz gold per…
Saskatchewan Gold Discovery
A new gold discovery was made in the La Ronge area of Saskatchewan, according to Goldsil Resources (TSE) and Golden Rule Resources (TSE), operator and 53.45% owner of the Kaslo project. Two widely spa…
Metal Prices PRODUCER PRICES (September 05, 1988)
ALUMINUM: MW U.S. Market $1.27-$1.29 per lb. (Aug 25, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Aug 25, 1988). CADMIUM: New Yor…