Morrison to fund Vezza-Douay work
Calgary-based Morrison Minerals (TSE) has teamed up with Total Energold (TSE) to participate in an exploration joint venture on 336 claims in the Casa Berardi gold belt of northwestern Quebec. A recen…
News
Jarvis plans drilling on marble prospect
Jarvis Resources (VSE) is planning to drill its newly acquired marble property in Parkin Twp., 20 miles from Sudbury, Ont. Jarvis intends to complete the next phase of drilling, designed to delineate …
Mining the base, but Kirkland seeks diversification
Kirkland Lake is a traditional northern Ontario mining town now poised on the threshold of a major diversification to its economic base. The ambitious moves were necessitated, in part, by the serious …
Pegasus set to open sixth U.S. mine
The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…
PRODUCER PRICES (October 15, 1990)
ALUMINUM: MW U.S. Market US83.50- 87.00 cents per lb. (Oct. 4, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…
Dia Met discovers gem-quality diamond, location undisclosed
Kelowna-based Dia Met Minerals (VSE) has discovered a gem- quality macrodiamond and a cubic microdiamond within one of the company’s joint venture claim groups. Dia Met director Charles Fipke only ide…
Trimin delays special meeting
Trimin Resources (TSE) has rescheduled its extraordinary general meeting to early November in order to allow for the completion of an independent report on the proposed sale of the company’s key asset…
Corrections (October 15, 1990)
Deak Resources (TSE) says it will begin mining an open pit reserve of 50,000 tons averaging 0.18 oz. gold per ton at the Garrison gold project near Kirkland Lake, Ont. An incorrect figure was publishe…
Mishibishu activity lukewarm but still `prime hunting ground’
This time last year the Mishibishu Lake area in northern Ontario was hopping. Gold discoveries were cropping up on a regular basis, the Magnacon mine was emerging as a regional success story, and some…
Exploration continues at Paymaster property
American Reserve Mining (ME) says rehabilitation of the No. 6 winze on its 40% owned Paymaster project near Timmins, Ont., has been completed down to the 4,975-ft. level and access to the 6,025-ft lev…
NorthWest moves to cap cost of fuelling Colomac gold bet
NorthWest Gold (AMEX), a subsidiary of Northgate Exploration (TSE), has taken steps to limit the cost of fuelling its 200,000 oz.- per-year Colomac gold project in the Northwest Territories. As the pl…
Serem, VSM option BP-Noranda claims
Serem-Quebec and VSM Exploration (ME) have jointly optioned a group of 40 claims adjacent to their Grevet base metal project near Quevillon, Que., from Noranda (TSE) and BP Canada (TSE). The claims en…