Acadia, Hecla revise Mooseland exploration
An exploration program on Acadia Mineral Ventures’ (TSE) Mooseland gold property will focus on near-surface targets. Project operator Hecla Mining Company of Canada says the change in exploration focu…
News
Westmin, Tanqueray and Estaurum drilling on Little Stull property
Partners Westmin Resources (TSE), Tanqueray Resources (VSE) and Estaurum Mines (ASE) say that drilling on their Little Stull gold property in Manitoba is establishing continuity in the three western s…
Inco stepping up pace of Snow Lake drilling
Inco Gold, an affiliate of Inco Ltd. (TSE), has stepped up its drilling activity at the Snow Lake gold mine project in Manitoba. The company has added another rig, bringing to four the number of drill…
Metal Prices (April 17, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 11 Apr 10 Apr 7 Apr 6 Apr 5 Copper 19…
Editorial Blame it on flow through
There’s a new excuse for mining projects that don’t turn out the way a feasibility study said they would. Like most good excuses, this one can be used by just about anybody for just about any project….
LAC boosts interest in Quebec property
Recently increasing its interest by 15% in the polymetallic Eustis- Moulton Hill properties in Quebec’s Eastern Twps. region was LAC Minerals (TSE). LAC boosted its interest to 65% by paying $194,000 …
Kidd Creek purchase by Noranda rumored
A street rumor that Noranda Inc. (TSE) has offered to purchase the copper-zinc Kidd Creek mine from Falconbridge Ltd. (TSE) has been discounted by both companies. Noranda Minerals President Keith Hend…
Newhawk continues underground program
With an interim budget of $2.3 million, Newhawk Gold Mines (TSE) is continuing exploration on its 60%-owned Sulphurets project in northwestern British Columbia. Granduc Mines (TSE) holds the remaining…
Cameco enters diamond hunt with Uranerz Exploration
Diamond exploration has caught the fancy of Cameco, the company formed through a merger of two Crown corporations Saskatchewan Mining Development Corp. and Eldorado Nuclear. The company recently concl…
First brick for Aunore, Nova-Beaucage
The first gold brick from the Elder mine project in Quebec’s Rouyn-Noranda area was poured in early March, partners Aunore Resources (ME) and Nova Beaucage Mines (TSE) report. Plans by the companies c…
Vancouver Stock Exchange Juniors languish awaiting gold rally
The external factors depressing equity markets across Canada remain very much in evidence and continue to keep wary investors on the sidelines. Gold in particular has yet to pull out its price slump, …
Editorial The Yellow Brick Road?
Brunswick Mining & Smelting produces only fertilizer, lead, zinc, copper and silver. Right? Well, if current negotiations pan out and a new sintering process works, the company may well be selling a w…