Encouraging results for Can America
Can America Precious Metals says it has completed a first-tier 2,500-ft shallow drill program on the E zone at its Manitou Lakes property in northwestern Ontario. The company says the average depth of…
News
DeSantis puzzle coming together
Geologists for Delbridge Mines are starting to piece together the geology of the DeSantis property in Turnbull Twp., near Timmins, Ont. The company reports encouraging assays of 0.15 oz and 0.06 oz go…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 13, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. Date July 7 July 6 July 3 July 2 July 1 444.50(444.80) 443.35(443.10) 444.10(443.00) 446.25(447.40) 447.75(445.75) …
Teck deals Leitch mine to San Paulo Explor.
A junior mining company that until now has been playing a rather low-key role, San Paulo Explorations is teaming up with Teck Corp. for a new look at the renowned old Leitch mine in the now-bustling B…
Obituary William Watt Hutchison
William Watt Hutchison, president of the International Union of Geological Sciences and assistant deputy minister for the Geological Survey of Canada, has died in Ottawa of cancer. He was 52. Dr Hutch…
Metal Prices FREE MARKET London Metal Exchange (July 13, 1987)
Spot closing prices in Pound Sterling per tonne Date July 7 July 6 July 3 July 2 July 1 Copper 1040-1042 1052.5-1053.5 1042-1044 1039-1040 1008-1009 Lead 430-431 430-432…
Kerr, Chesbar reach agreement
An option agreement has been entered into between Kerr Addison Mines and Chesbar Resources under which the latter may earn a 50% interest in the 126-claim vic gold property and the nearby 63-claim dic…
Big drill program outlining gold zone Vezza Twp. project
North American Rare Metals and Dundee-Palliser Resources continue to meet with encouragement in the big drilling program under way on their joint venture gold property in Vezza Twp., 25 miles south of…
Silbak splitting into 2 companies
Shareholders of British Silbak Premier Mines recently voted to split the company in two, to create a resource company and a real estate company. Under the reorganization, all non-mining assets of the …
Dawson, Pacific reach agreement on silver bet
A $2.1-million joint-venture agreement has been signed between Dawson Eldorado Mines and Pacific Trans-Ocean Resources whereby Pacific may earn up to a 50% interest in the Plata-Inca silver project in…
Good grade is the key for new nickel mine
Canada’s newest nickel mine, in northern Manitoba, will be the first brand-new underground nickel mine in the country for close to a decade — and the third for Manitoba in the past 26 years. In an up…
Toronto Stock Exchange Metals play part in pushing market to new
Base metals are back, and no better sign of investor confidence in these issues could be found than the trading activity exhibited this week on the tse by four mining companies heavily involved in the…