Alberta Stock Exchange Biron gains ground
On an otherwise lacklustre trading session, Biron Bay Resources was the only issue to make any real progress. Trading on 96,000 shares, it gained 54 before closing at $2.29. much of Biron Bay’s recen…
News
Lord River results from Nevada program
Drilling at Lord River Gold Mines’ (VSE) Trout Creek option 15 miles southeast of Carlin, Nev., has generated some encouraging results. In the Southern Jasperoid zone, gold mineralization has been out…
Montreal Exchange Mining issues stronger
Resource issues put on a strong show this week, with the mining and minerals index moving up more than 54 pts. In comparison, the general market portfolio index gained slightly more than 9 pts. Daily …
Cal Graphite prepares mill; Stewart Lake uncovers new zone
Two juniors exploring for graphite in Ontario report continued activity at their properties. Cal Graphite (VSE) says its $1.1- million exploration program at Graphite Lake north of Huntsville is near …
Correction (December 05, 1988)
In a story on the United Western project in Arizona (N.M., Nov 28/88 Sun Valley rehabilitating United western mine shaft), Sun River Gold Corp. (VSE) is the company rehabilitating the Arizona Central …
American Reserve, Assoc. Porcupine to amalgamate
American Reserve Mining Corp. (VSE) and Associated Porcupine Mines Ltd. (TSE) have announced a merger proposal which will see American Reserve take over a 100%-interest in Associated Porcupine for abo…
THE PRESSURE IS ON
More money is being spent on rock mechanics research than ever before. The Mining Research Directorate in Ontario estimates there is $100 million being spent in Canada this year and about $20 million…
50 Years Ago NICKEL
Recently, Robert Stanley, chairman and president of The International Nickel Co. of Canada, said there are more than 8,000 standard alloys of which some 2,300 contain nickel. Such is the broad field i…
50 Years Ago BIG GAIN IN GOLD IN ONTARIO
Ontario gold production made a gain of $8,156,735 in the first nine months of 1938, compared with the first three quarters of 1937. The amount produced in the period was $75,220,595. The Porcupine bel…
CORONA’S NEVADA GOLD A clean heap leacher comes on-stream
The state of Nevada is widely Tknown as a gaming mecca. It’s Talso a magnet for gamblers of another sort — gold explorationists. For example, since 1979, at least 30 heap leach gold mines have been p…
JOLU JEWEL Corona has opened La Ronge’s second gold mine.
Hemlo’s David Bell mine it’s not. But like its much larger cousin, the Jolu gold mine, operated by Corona Corp., is expected to make money — and that’s reason enough to celebrate. Located 130 km nort…
50 Years Ago INSPIRATION MAKES NEW GOLD FIND
Another new find in the Northwest Territories appeared on the records this week with the report of a promising gold discovery by prospectors of Inspiration Mining & Development Co. The find was at a p…