Magino reserves upped by Muscocho, McNellen
A deep drilling program has resulted in a dramatic increase in reserves at the Magino gold mine property shared equally by partners Muscocho Explorations (TSE) and McNellen Resources (VSE). Located ne…
News
Robex, Veinor test Joutel bet
A new zone at least 1,400 ft long was discovered last year a few hundred feet above a previously investigated pyrite zone at the Joutel property in northwestern Quebec being explored by Robex Resource…
Lepanto venture Philippine gold lures Galactic
One of mining’s biggest and best kept secrets was revealed to the world this week by Galactic Resources (TSE) of Vancouver and its Philippines-based partner Lepanto Consolidated Mining. After a detail…
PRODUCER PRICES (July 18, 1988)
ALUMINUM: MW U.S. Market $1.22-$1.27 per lb. (July 7, 1988). ANTIMONY: New York dealer $0.95-$1.05 per lb. (July 7, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New Yo…
Placer, MSV continue drilling on B zone at Eastmain project
More encouraging drilling results have been announced from the B zone of the Eastmain gold project in northern Quebec by partners Placer Dome (TSE) and MSV Resources (ME). The current drilling is a co…
Subdued year forecast for silver
A recent rally pushed the price of silver over $7(US) per oz, but the precious metal will be hard pressed to maintain that price level this year, writes the London metals research unit of the internat…
Canada’s newest gold producer
Some 200 invited guests cheer as Mine Manager Ebe Scherkus exhibits the firs t gold bar to be poured at the spanking new mining and milling complex of Dumagami Mines’ (TSE) at Cadillac, Que., Canada’s…
Maufort, Cambior completing dewatering at Siscoe project
The dewatering process at the Siscoe project in northwestern Quebec, to be completed this summer, will open the shaft for exploration to 2,539 ft, Maufort Resources (ME) reports. Maufort’s joint ventu…
Southern Era Resources
Toronto-based SouthernEra Resources (TSE) has completed an initial public offering in Ontario and British Columbia of one million units at 80 cents per unit, the company said recently. Each unit cons…
Quebec STurgeon group follows St. Andrew lead
A concerted drive toward production at the Stock Twp. property near Timmins, Ont., has made St Andrew Goldfields (TSE) the star in Quebec Sturgeon River Mines’ (TSE) group of four mining companies. Th…
Euro-Nevada’s Hasbrouck property dealt to FMC
Royalty specialist Euro-Nevada Mining (TSE) has granted to FMC Gold, an option to buy its Hasbrouck Mountain Gold property near Tonopah, Nev., for $2.39 million(US), the company said recently. Under t…
Lac Moves on Jonpol project
Trucking of ore from a Garrison Twp., Ont., property to the Macassa mill in Kirkland Lake will be considered by Lac Minerals (TSE), a Lac spokesman tells The Northern Miner. The operation is contingen…