News

Letters to the Editor Devon R&D centre not closing

In the editorial page of your edition of Oct 2, 1989, you allude to cuts in R&D in surface mining at one of the Canada Centre for Mineral and Energy Technology (CANMET) laboratories at Devon, Alta., t…



High grade ore shoot drilled by Biron Bay

Results just released by Biron Bay Resources (ASE) from the Summit gold project in New Mexico indicate that the property contains a high grade ore shoot within a gold- silver deposit delineated by ear…


Corona awarded Rambler

Corona Corp. (TSE) has been awarded the rights to the Rambler North properties from the Newfoundland government. A proposal submitted by Corona and Goldbar Resources, a Newfoundland-based junior explo…


Gold funds as of Oct 10

MVP BGR Central Capital Net value $11.72 $5.94 $0.57 Price $10.25 $5.50 $0.26 Discount 12.54% –7.4% 54-4% Value $69,758,508 $ 99,910,632 N/A…


Bill Roscoe lecture

Bill Roscoe of Roscoe Postle Associates will deliver a talk Oct 19 on mining property values and the 1987 stock market crash. The event, jointly sponsored by The Canadian Institute of Mining and Metal…


COATS (over-the-counter) Gold issues gain

A group of junior companies with gold properties in Chester Twp., Ont., continued to see active trading again this week although there has been little news released regarding drill results obtained on…


Golden Point reports Wawa project results

A $300,000 exploration program has been recommended to follow up a gold-bearing quartz vein system on Golden Point Exploration’s (ASE) McMurray Twp., property near Wawa, Ont. The 41-claim property is …


Aur considers Val d’Or smelter

Construction of a smelter, at a capital cost that could reach $350- million, is being considered for any ore mined from the Aur Resources (TSE), Societe Miniere Louvem (TSE) base metal discovery. Whil…


Crown Butte has three rigs at Miller Creek discovery

Three rigs are continuing to drill the Miller Creek zone on the New World property in Montana where Crown Butte Resources (VSE) and project manager Noranda Exploration recently made a new gold-silver-…


Editorial The Keevil legacy

Norman Keevil Sr.’s legacy to the mining industry is something of a paradox. An academic by training who took justifiable pride in his published work, he was also the essence of mining’s entrepreneuri…


Canyon buying Addwest

Canyon Resources (NASDAQ) has exercised an option to buy the assets of Addwest Gold for $33 million(US) plus a 2% royalty on gold production from the Briggs property in California. The option to acqui…


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