News

Northair plans program for Saskatchewan find

The newly discovered lead-zinc-gold-silver Deception Lake property north of La Ronge, Sask., will be the subject of a closely watched work program that includes a minimum of 10,000 ft of surface drill…


Greenstone to test mill at Millie Mack

Toronto-based Greenstone Resources (TSE) and partner Dragoon Resources (VSE) have mobilized a 50-ton-per-day flotation mill which will begin processing material from the company’s 4,407-acre Millie Ma…


Rally in gold

The year-end rally in gold prices came too late to save several mines. Among this year’s casualties: The Kerr mine was a fixture at Virginiatown, Ont., since 1938 but low gold prices forced the mine t…


Agnico set to begin drilling Vezza Twp.

Drilling is expected to begin next month at the Vezza Twp. gold claims optioned recently from Dundee-Palliser Resources (TSE), and North American Rare Minerals (ME) by Agnico-Eagle Mines (TSE). Having…


Central Crude takes option on Moss Lake

Central Crude (TSE) has signed a letter of intent with Tandem Resources (ME) and Storimin Exploration (ASE) to explore the latter two companies’ Moss Lake gold property 70 miles west of Thunder Bay, O…


Gold funds as of Dec 19

MVP BGR Central Capital Net value $12.32 $6.37 $0.51 Price $11.25 $6.62 $0.37 Discount 8.69% 4.0% 27.5% Value $7…


Imperial feasibility for Mt. Polley due March

By March, 1990, Imperial Metals Corp. (TSE) expects to have in hand a completed full feasibility study for the Mount Polley copper- gold project, 56 km northeast of this community in British Columbia’…





Industrial minerals enjoy better markets

Many industrial minerals, like their more highly publicized precious and base metal cousins, have been enjoying excellent years and some should continue to do so, the Toronto branch of the CIM Mineral…


Pamorex busy drilling at property interests

A drilling program of 9,244 ft has been completed on the Holmes gold property about 50 miles southeast of Timmins, Ont., Pamorex Minerals (TSE) reports. Among the better intersections were 0.19 oz gol…


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