A Market for Chromite
Platinum group metal (PGM) explorers can look forward to some potentially good news which should be forthcoming soon. Charles River Associates of Boston, Mass. is doing a market survey for a consortiu…
News
Good hole reported at Cornucopia’s Ivanhoe property
With a feasibility study almost complete, partners Galactic Resources (TSE) and Cornucopia Resources (TSE) are still pulling some interesting results from the Ivanhoe joint venture near Carlin, Nev. C…
Marshall Minerals’ Sangold offers encouraging results
Preliminary assay results from Marshall Minerals’ (ASE) Sangold property west of Timmins, Ont. have produced some encouraging results. They include a 38.5-ft intersection which assayed at 0.30 oz gold…
City Resources Launches Exploration Subsidiary
By late September, City Resources (Canada) (TSE) expects to have in hand the final feasibility study for its Graham Island gold project in British Columbia. In the meantime, the Australian-backed mini…
Trend to smaller mines worries union
The boom and bust cycles of mining are expected to continue with even more dramatic swings than in the past say a team of researchers for the United Steelworkers of America. The union’s research team …
Orofino drill results
The first drill results have been received by Orofino Resources (TSE) from the company’s Coronation Gulf gold property in the Northwest Territories. Of four holes completed, the second intersected a 5…
Metals Page High prices provide the fuel for intensive global gold
“Gold is the key, whatever else we try, and that sweet metal helps the winner in each case, with love as well as war.” These words were written by Moliere 326 years ago. Mining for gold really is digg…
Books (September 12, 1988)
A report entitled Field inventory of mineral resources, Goshute Indian Reservation, Nevada and Utah is available for public inspection at the Nevada Bureau of Mines and Geology. The report may be insp…
Delbridge option
Delbridge Mines (COATS) has acquired an option of the Railway claims located in Gauthier Twp., Ont. The 9-claim property protects a 1,800-ft gold-bearing zone which is silicified and carbonatized. Ass…
Exploration Tunnel Key to Debbie/Yellow Project
Westmin Resources (TSE) and Nexus Resource Corp. (TSE) seem satisfied with their progress driving a 1.2-mile- long exploration tunnel through a mountain near Port Alberni. The tunnel will allow the co…
Parquet options Courville bet
An option to earn a 30% interest in the Courville gold property near Val d’Or, Que., has been obtained by Finor Exploration (ME) from Parquet Resources (TSE). The agreement, subject to regulatory appr…
Northgate cash balances earn $5.2 million in last quarter
Interest earned from Northgate Exploration’s (TSE) cash balances brought $5.2 million into the company’s treasury during the three months ended June 30. Unaudited consolidated net income of $2,014,000…