Drilling under way at Melrose, Placer bet
A 3,000-m diamond drilling is under way at the Melrose Resources (VSE), Placer Dome Inc. (TSE) joint venture project at Blackstock Twp., 30 miles southeast of Timmins, Ont. Melrose President Peter Hun…
News
Jarvis Resources drilling Mallard Twp. gold property
Initial drill results from Jarvis Resources'(VSE) Mallard Twp. property in northern Ontario have returned anomalous gold values. Five diamond drill holes were recently completed as part of an ongoing …
Ronrico raises more funds for Simkar bet
Toronto-based Ronrico Explorations (VSE) has announced another funding agreement to finance exploration on the Simkar gold property east of Val d’Or, Que. The funding agreement was made with the Minta…
TSE blocks Corona/Golden North property transaction
The Toronto Stock Exchange blocked an interim agreement between Golden North Resource Corp. (TSE) and Corona Corp. (TSE) which would have seen Golden North acquire, along with certain other assets, Co…
Companies consolidate interests in B.C. copper-gold project
The companies involved in the Kerr copper- gold property, Western Canadian Mining Corp. (VSE) and Sulphurets Gold Corp. (VSE), recently agreed in principle to consolidate their respective interests in…
Claude, Newmont pleased with Ithingo drill results
Preliminary drill results from the Ithingo Lake gold project in northern Saskatchewan have been received by partners Newmont Mines, a wholly-owned subsidiary of Newmont Mining, and Claude Resources (T…
Newfoundland exploration surge
Largely bypassed in recent years, the Province of Newfoundland is witnessing quite an exploration boom these days, The Northern Miner gathers. Three years ago saw less than $10 million spent on minera…
Calcined lime interests Aster
A decision to concentrate its efforts on the production of calcined lime from its Portage-du-Fort property in the Ottawa River region of Quebec has been taken by Aster Exploration (ME). The company se…
Metal Prices (November 28, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Nov 15 Nov 14 Nov 11 Nov 10 Nov 9 Copper 17…
Women’s association fund raising auction
A picnic and cruise for six down the Humber River on mining executive Leon LaPrairie’s boat sold for $1,000, Franc Joubin’s portable typewriter went for $700 and a bottle of French red wine autographe…
Copper continues its strong showing
Spot prices for copper recently set new highs on both the London Metal Exchange and New York Commodity Exchange, and many people are wondering if the bull run still has some steam to let out. In both …
Correction (November 28, 1988)
Flanagan McAdam Resources (TSE) was incorrectly identified as having staked some mining claims about 70 miles northwest of Chicoutimi, Que. “Nickel showing in virgin area spurs staking.” (N.M., Nov 21…