Mobilization for a $1.5-million exploration program on Energex Minerals’ (VSE) Al project in the Toodoggone area north of Smithers, B.C., is under way. The program is designed to increase reserves of …
Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…
News that drilling has quadrupled reserves at the Magino gold mine, sent McNellen Resources back to the $4 mark. Although little information has been released about the nature of the deep drill result…
With underground exploration still in progress at Mark V Petroleums and Mines (VSE) Bagdad gold mine near Philipsburg, Mont., the company says it is still encountering high grade mineralization on the…
A problem at one of Cominco Ltd.’s zinc roasters at Trail, B.C., has resulted in a mechanical breakdown. The failure will put the roaster out of service for about a week, resulting in the loss of 2,00…
Percy Claire Finlay, best known for his association with Hollinger Consolidated Gold Mines for more than half a century, died at Toronto General Hospital on June 29. He was 89. Finlay was active in th…
The mining industry has certainly lost a friend and one of its most respected spokesmen with the passing of “Percy” Finlay. We here at The Miner knew him well over the years, not so much as a top la…
Toronto-based St Andrew Goldfield (TSE) is on schedule for a September, 1989 start-up date at the Stock Twp. gold property, near Timmins, Ont., shareholders were told at the annual meeting. With finan…
Drill results from Dejour Mines’ (TSE) Turquetil property 225 km southwest of Rankin Inlet in the Northwest Territories have shown good gold grades over significant widths. “It’s a big alteration zone…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 5 July 4 July 1 June 30 June 29 Copper 1370-1375 1395-1410 1345-1350 1377-1380…
Toronto-based Garrison Creek Consolidated (TSE) has released more encouraging drill results from its 40%-owned Michaud Twp. property 65 miles east of Timmins, Ont. The latest results were obtained fro…
A second drilling campaign has been completed by Denn’or Exploration (ME) at its 21-claim East Sullivan gold property in Quebec’s Bourlamaque Twp., near Val d’Or. Total reserves (probable and possible…
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