Tusk Goudreau option
Tusk Minerals has acquired an option to earn a 50% interest in 21 claims northeast of Wawa, Ont. Located in the Goudreau-Missanabie area, the claims are located seven miles east of the Magino and Krem…
News
From camaraderie to paranoia lessons from Hemlo
Recklessly jumping from choppers still several feet in the air, eager to get some of the action of the Hemlo discovery, mining men alighting in the camp with a thud in 1981 were heard to use some pret…
Encouraging gold assays from Pacquet
Significant gold assays are coming in from the Pacquet property on Newfoundland’s Baie Verte Peninsula where International Impala Resources and Noranda Exploration Co. have a joint venture program. Th…
Beaufield, Falconbridge gold discovery at Rouleau
An important-looking gold discovery has been made by partners Beaufield Resources (49%) and Falconbridge Ltd. (51%) in the Macho- Rouleau area 140 km northeast of Senneterre, Que. Drilling by Falconbr…
Houston expects production decision by late spring
VANCOUVER — A production decision is expected by late spring on the Silver Queen polymetallic property near Houston, B.C., owned 60% by Houston Metals Corp. and 40% by New Nadina Exploration. A feasi…
Eastmaque begins tailings operation
The first tailings have been pumped by Eastmaque Gold Mines to the mill at Kirkland Lake, Ont., the company reports. Although ice cover over Kirkland Lake was having a detrimental affect on dredging o…
SherrGold has 4 drills busy at MacLellan mine property
Almost 25,000 ft of a 43,000-ft drilling program on the MacLellan mine property near Lynn Lake, Man., has been completed, SherrGold Inc. reports. Four drills are busy on the property, which hosts a pr…
Correction (December 28, 1987)
In a reference to the real estate interests of Agnico-Eagle Mines carried in our Investment Comments column, it was incorrectly stated that the new arm could be liquidated immediately at a profit of $…
Musto plans to reopen Apex mine
VANCOUVER — Working to redress the problems which forced the September closure of its Apex mine near St. George, Utah, Musto Explorations hopes to reopen the gallium and germanium-producing plants in…
Christmas Cheer absent amongst market traders
There was little seasonal cheer for the majority of the resource issues on The Toronto Stock Exchange this week. Sloppy, directionless trading and continuing nervousness following the Oct 19th de…
Lively intersection by San Paulo at Leitch mine
A discovery that could well prove important has been made by San Paulo Explorations in an exploratory drill hole in a program it has recently started on the Leitch mine property at Beardmore in northw…
Ottawa changes 1947 Act affecting Hudson Bay M/S
Amendments have been made to a 40-year-old federal Act governing health and safety rules affecting the operations of Hudson Bay Mining and Smelting in the Flin Flon mineral area of Manitoba and Saskat…