Radarsat satellite goes into orbit
The Canadian Space Agency’s Radarsat satellite was successfully launched from Vandenberg Air Force Base in California on Nov. 4.Unlike standard earth observation satellites, which have sensors that pr…
News
LABRADOR NEWS ROUNDUP — Konrad returns anomalous values
Joint-venture partners International CanAlaska Resources (VSE) and All North Resources (VSE) completed an initial phase of four drill holes at the Konrad property in the Voisey Bay region of Labrador….
DIAMOND NEWS ROUNDUP — CRA joins diamond hunt in Canada’s North
The Central Selling Organization will be increasing its prices for rough gem diamonds of 2 carats and larger by an average of 5%, with the increase to take effect with the sight beginning Nov. 28, 199…
Eastmain to drill Timmins projects
A flow-through financing completed by Eastmain Resources (CDN) has netted the company $315,000. The funds will be used for diamond drilling at the Kidd and Akweskwa projects in the Timmins, Ont., area…
COMMENTARY — Timmins takes action
Vic Power, the mayor of Timmins, Ont., wrote the following at the invitation of Keep Mining in Canada, a national grassroots campaign designed to increase awareness of issues facing mining in Canada:W…
Laminco drills new targets at San Antonio property
Preliminary drilling along the Realito structural zone has discovered a new mineralized gold breccia structure in the Golfo de Oro area, within Sonora state, Mexico.Laminco Resources (TSE) is in the m…
Producer Prices (November 06, 1995)
ALUMINUM: MW U.S. market US76.5 cents-77.5 cents per lb. (October 20, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (October …
Poor results at Grouse Creek take toll on Hecla, Great Lakes
Following disappointing third-quarter results, Hecla Mining (NYSE) has decided to re-evalutate the Grouse Creek gold mine in central Idaho.The mine, which entered production less than a year ago, is o…
LABRADOR NEWS ROUNDUP — Anomaly targeted at Alliger Lake
Partners Eastfield Resources (VSE), Island Arc Resources (VSE), Athabaska Gold Resource (TSE) and Warner Resources will drill-test a geophysical anomaly on their Alliger Lake West property 65 km north…
LABRADOR NEWS ROUNDUP — Okak Bay being drill-tested
Drilling has begun on the Okak Bay property in the Voisey Bay area of Labrador.Castle Rock Exploration (VSE) and United Compass Resources (VSE) are each earning a 35% interest in the property from New…
EDITORIAL PAGE — The referendum aftermath
The amount of ink dedicated to coverage of the recent referendum in Quebec would probably fill one of the Great Lakes. But outside of Canada, the event caught the world by surprise. Indeed, the most c…
Labrador News Roundup — Aranlee, NDT start drilling
Drilling is under way on project area 10-1, northwest of Nain, Labrador.Partners Aranlee Resources (VSE) and NDT Ventures (VSE) plan to drill four holes to test a series of extensive gossan zones in w…