Bralorne gold property nears feasibility stage
A $3.1-million exploration program aimed at advancing the Bralorne gold mine property of Golden North Resource Corp. (TSE) and Imperial Metals (TSE) to the production feasibility stage by year-end is …
News
J.A.G., Valmont work Malartic bet
Drilling at its Malartic gold property in northwestern Quebec has intercepted a new horizon, bearing free gold and arsenopyrite, about 260 ft south of the main zone, J.A.G. Mines (ME) reports. Preside…
Falconbridge setsd $32m. for Lindsley project
Spurred by encouraging surface exploration results at its Lindsley base/precious metals prospect in the Sudbury area of Ontario, Falconbridge Ltd. (TSE) plans a $32- million shaft sinking and undergro…
Aurogin, Duration active near the Soo
A $200,000 flow-through share financing will enable Aurogin Resources (VSE) to finance the company’s 33.33% interest in an exploration program in Palmer and Ryan twps., Ont. Located near Sault Ste. Ma…
News in Brief (July 25, 1988)
Vancouver-based Fleck Resources (VSE) says it has arranged with NIM Resource — 1988 and Co. Ltd. Partnership for a flow-through share issue to raise $500,000 for qualified expenditures on Fleck’s Smi…
Metal Prices PRODUCER PRICES (July 25, 1988)
ALUMINUM: MW U.S. Market $1.22-$1.29 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…
Thor to earn interest in Big Hurrah project
Calgary-based Thor Gold (ASE) has signed a letter of intent to earn a 70% interest in Golden Zone Developments’ (VSE) Big Hurrah project on the Seward Peninsula about 45 miles east of Nome, Alaska. Th…
Gold survey maps are on sale in B.C.
New gold survey maps covering a large area of north-central British Columbia are now available from the province’s ministry of energy, mines and petroleum resources. The maps are based on a government…
Montreal Exchange Mixed-trading week
Mixed trading highlighted this past week’s activity on the ME, where the market portfolio recorded a small loss but the mining and minerals index climbed more than 8 pts. Daily volumes were light, ran…
Obituary Charles Dudley Robbins, Jr.
Charles D. Robbins, a well- known mining developer and promoter, died recently at Beloeil, Que., at age 65. He came to Canada from Maine in 1952, and after a short period with a brokerage firm in Mont…
Rouyn’s Francoeur ready to produce
Operations at the Francoeur gold mine near here are scheduled to begin generating cash flow on October 15th, project operator Rouyn Mining Resources (TSE) says. Shared equally with Lac Minerals (TSE),…
Madeleine moving ahead at new platinum project
While both the new 3,000-ton mill building and crusher house are up at Madeleine Mines’ (TSE) platinum metals group project and most major plant equipment is on site, installation is proceeding more s…