J.M. Slack purchases Deak Res. debentures
Mining executive J.M. Slack, who is spearheading the activities of Deak Resources (TSE), recently made his first formal investment in the Toronto company. .T J.M. Slack & Associates, a company contr…
News
Teck exploring Snow Lake camp
The mineral potential of some 70,000 hectares in the Snow Lake region of Manitoba will be examined by Teck (TSE) under a joint venture agreement with partners, TSA Explorations (VSE) and Samarkand Res…
High Frontier option
High Frontier Resources (VSE) has acquired an option on 54 claims in Ontario’s Teck, Bernhardt and Maisonville twps. Frontier can earn a 100% interest in the claims by making a cash payment and issuin…
Louvicourt resumes drilling at gold bet
Surface and underground drilling has resumed at the gold project of Louvicourt Gold mines (COATS), 14 km east of Val d’Or, Que. The company says the surface drill pattern is designed to test four stru…
Deak seeks funds for mill work
Having recently raised $3.85 million in subscription funds backed by debentures, Deak Resources (TSE) is hoping to have commitments by the end of January for an additional $10 million to cover the cos…
Homestake drills strong hole on SAG’s Akaiwong project
Drilling by Homestake (NYSE) on the Akaiwong gold property held under option from South American Goldfields (TSE) in Guyana, has returned encouraging results. A 12-hole program designed to test a larg…
Metal Snips (January 22, 1990)
Low uranium prices — below US$10 per lb on the spot market — have wiped out the mining of that mineral in New Mexico. The state, which had 55 uranium mines in 1978, saw its last such mine close rece…
Card Lake active
With exploration action heating up in the Harker-Holloway area of northern Ontario, Card Lake Resources gained 1 cents to close at 33 cents on volume of 17,200 shares. American Barrick has an option…
Edinburgh to host IMM Council in July
The 14th Congress of the Council of Mining and Metallurgical Institutions will be held July 2-6 in Edinburgh, Scotland. The focus will be the expanding range of minerals and materials required by cont…
NovaGold drilling returns tin values at Mount Pleasant
NovaGold Resources (TSE) has received encouraging results from the first drill hole on its optioned Mount Pleasant tin-tungsten property. The property, in New Brunswick, is held under option from LAC …
Black Hawk drills
Drilling has resumed with three rigs at Black Hawk Mining’s (TSE) Minago nickel project in Manitoba. The program will follow up the best results received to date on the property. Last winter, Black Ha…
Metal Prices (January 22, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 16 Jan 15 Jan 12 Jan 11 Jan 10 Copper …