Lead supply adequate to meet demand
While demand for lead has been steady of late, there appears to be an adequate supply to meet that demand, writes Metals Economics Group of Halifax, N.S., in a recent report on the base metal which is…
News
Stratmin establishes graphite reserves
Reserves of graphitic material at its Mont Laurier, Que., deposit are estimated to be 23.7 million tonnes, Stratmin Inc. (ME) reports. Results to date from ongoing drilling and from a 44-tonne bulk sa…
Echo Bay executives appointed to board of McNellen Resources
With a $50- million investment in the Muscocho Group of companies including McNellen Resources (VSE), Echo Bay Mines (TSE) is set to play a much larger role in Eastern Canada’s gold mining industry. U…
BOOKS (July 25, 1988)
Mining 1988 Financial Times International Year Book. Editor, Helen Wilcock. Published by Lingman Group UIK Ltd., Westgate House, The High, Harlow, Essex CM20 1NE, UK. Price $105(C). Distributed in Can…
Books in Review (July 25, 1988)
SILVER ISLET — Striking It Rich In Lake Superior by Elinor Barr. A Natural Heritage publication, first of its planned Canadian Shield series. 160 pages with excellent archival photographs and memorab…
Ekaton buys control of bentonite producer
A 75% equity interest in Saskatchewan-based Avonlea Mineral Industries has been acquired by Ekaton Industries (TSE), the latter company reports. Ekaton says it will convert $600,000 of its $1.6-millio…
Holt-McDermott dilution monor problem: Barrick
With all the hype surrounding some astonishing gold discoveries at the Goldstrike operation in Nevada and a lawsuit over the Mercur mine in Utah, American Barrick Resources’ (TSE) newest gold producer…
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 …
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…