News

Davis optimistic on B.C.’s mining future

Jack Davis, British Columbia’s minister of Energy, Mines and Petroleum Resources, told members of the Canadian Diamond Drilling Association that B.C.’s mining industry enjoyed a period of “relative pr…


Small drill development by Hydracore

Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups and which would allow easy movement and repositioning. The result was the Gopher Drill wh…



VSE steps up surveillance

The Vancouver Stock Exchange has recently signed two agreements to strengthen its international securities surveillance capabilities. A memorandum of understanding has been signed with The Securities …


$150,000 in flow-through for Fontana gold project

A maximum of $150,000 in flow-through financing will go toward Jilbey Exploration’s (ME) share of expenses on the Fontana joint venture project in Duverny Twp., Que. CMP 1990 Resource Partnership has …


METALS PRICES PRODUCER PRICES (May 21, 1990)

ALUMINUM: MW U.S. Market US70.75- 73.75 cents per lb. (May 10, 1990). ANTIMONY: New York dealer US82-84 cents per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$4.15-4.25 per lb. (May 10, 1990). CAD…





Graphite plays a vital role

Without graphite, the diamond drill bit industry may not have been able to reach its present state of development. Graphite is used in both the mold and mold parts for drill bits. Speer Canada machine…


Positive drill results at Bachelor Lake mine

Encouraging assay results have been reported by Bachelor Lake Gold Mines (TSE) from several recently completed underground drill holes on the company’s Lensueur Twp. mine at Desmaraisville, Que. The d…


Low sales continue to plague Potash Corp.

A substantial drop in sales to the Potash Co. of America as it resumed its own production at the Patience Lake mine was the main factor behind a 84% first-quarter earnings tumble for Potash Corp. of S…


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