Dickenson Mines plots new strategy for growth
A change in image is in the works for Dickenson Mines (TSE). The Toronto-based company, incorporated in 1945, is known basically for its operation of the Arthur W. White gold mine near Red Lake in nor…
News
Interest expressed in Dumont property
Record nickel prices have created an interest in a deposit of the base metal situated in northwestern Quebec, Dumont Nickel (ME) of Val d’Or reports. Two American companies are negotiating for long-te…
Underground program planned by Citadel at Surluga property
Under new ownership, Citadel Gold Mines (TSE) is getting serious about its former producing Surluga gold property at Wawa in northern Ontario. The junior mining company is planning an underground test…
Copper upturn helps Lornex
Copper prices reaching levels not seen since 1980 helped Lornex Mining Corp. (VSE) enjoy one of its better years, according to the company’s annual report. Lornex has a 45% interest in Highland Valley…
Chevron, Stroud are considering underground work
An underground exploration program will be considered following the completion of a 30,000-ft drill program at the Hislop project held by partners Chevron Canada Resources, and Stroud Resources (TSE)….
Rockford group, Gold Vessel Res in agreement
A letter of intent has been signed between companies in the Rockford Group and Gold Vessel Resources (ASE). Members of the Rockford Group include Rockford Minerals (TSE), Northfield Minerals (ASE) and…
Talisman hole down-dip
Talisman Mines says that a strong intersection completed by Placer Dome Inc on a gold property is not as encouraging as was initially believed. The 20-m section which graded 6.7 g gold per tonne (0.19…
Redfern and Cominco plan more drilling
A $1.5-million surface and underground exploration program is being considered by Redfern Resources (VSE) and Cominco Ltd. (TSE) for the Tulsequah Chief massive sulphide property on the Tulsequah Rive…
Gibraltar profits
After six years of losses, Gibraltar Mines (TSE) describes its return to profitability as particularly significant because it “probably has the lowest grade orebody of any operating copper mine in the…
Reserve estimate calculated by Murgold, Chesbar
A reserve estimate has been calculated by partners Murgold Resources (40%), VSE and Chesbar Resources (60%), ME for their Chester Twp., Ont., gold property. The property is located 67 miles south of T…
Canadian firm has process for recovery of platinum
What is believed to be a significant breakthrough in the recovery of the platinum group metals appears to have been made by Platinum Lake Technology Inc., a private Canadian company with strong backin…
Saleine Mines sold to Canadian Salt
A wholly-owned subsidiary of the Quebec government’s Soquem, Seleine Mines, has been sold to Canadian Salt for $35 million. The Saleine operation produces salt from a deposit situated on one of the Ma…