Dolphin drilling at Nfld. project
Encouraging drilling results have been reported by Dolphin Explorations (VSE) from its Cape Ray gold project in southwestern Newfoundland. The company, in which Corona Corp. (TSE) has a 44% interest, …
News
Bentley tries to sell Bagdad Chase mine
Bentley Resources (VSE) is negotiating the sale of its interest in the Bagdad Chase project in San Bernardino, Cty., Calif., to what it describes as a “major U.S mining company.” But the sale is condi…
Alberta Stock Exchange Twin, Louisiana active
A number of Alberta issues eased themselves out of the summer doldrums to post some substantial gains during trading this week. Leading the way were Twin Gold Mines and Louisiana Mining. They both add…
Santana to test airborne gas detector over Nevada
Explorationists may soon have at their disposal a powerful new method of remotely detecting mineral deposits. The instrumentation is being developed by Skyborne Exploration Canada, which is 51%- held …
Cominco options Tom from Hudson Bay M&S
Cominco Ltd. (TSE) has concluded an agreement with Hudson Bay Mining & Smelting (TSE) to explore the latter’s Tom lead-zinc property in the Yukon. The Tom property is located on the Canol Road, close …
People (July 18, 1988)
Sherritt Gordon Ltd. — Derek Mather and M. Norman Anderson appointed directors.
Correction (July 18, 1988)
Contrary to what was reported in The Northern Miner recently, proven reserves at Borealis Exploration’s (ASE) Fat Lake project in the Northwest Territories stand at 52,500 tons of grade 0.325 oz gold …
Maufort, Cambior completing dewatering at Siscoe project
The dewatering process at the Siscoe project in northwestern Quebec, to be completed this summer, will open the shaft for exploration to 2,539 ft, Maufort Resources (ME) reports. Maufort’s joint ventu…
Canada’s newest gold producer
Some 200 invited guests cheer as Mine Manager Ebe Scherkus exhibits the firs t gold bar to be poured at the spanking new mining and milling complex of Dumagami Mines’ (TSE) at Cadillac, Que., Canada’s…
Subdued year forecast for silver
A recent rally pushed the price of silver over $7(US) per oz, but the precious metal will be hard pressed to maintain that price level this year, writes the London metals research unit of the internat…
Placer, MSV continue drilling on B zone at Eastmain project
More encouraging drilling results have been announced from the B zone of the Eastmain gold project in northern Quebec by partners Placer Dome (TSE) and MSV Resources (ME). The current drilling is a co…
PRODUCER PRICES (July 18, 1988)
ALUMINUM: MW U.S. Market $1.22-$1.27 per lb. (July 7, 1988). ANTIMONY: New York dealer $0.95-$1.05 per lb. (July 7, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New Yo…