Eider decision
Disappointed by the results of a bulk sample taken from the Lake Rose property located east of Val d’Or, Que., Eider Resources (me) says it has no plans to spend more money on the property in the near…
News
Viscount/Skylark mine producing 140 tons/day
Full production is now under way at Viscount Resources’ (VSE) and Skylark Resources’ (VSE) jointly owned O.B. silver-gold mine at Greenwood, B.C. The mine started shipping 80 tons per day to the nearb…
Metal Prices FREE MARKET (April 11, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr. 5 Apr. 4 Apr. 1 Mar. 31 Mar. 30 Copper 1324-1326 N/A N/A 1355-1358 1310-1312 Lead …
Cominco/Dore
Two companies: Cominco Ltd. and a TSE junior, Dore-Norbaska Resources, have decided to spend about $975,000 on a claim block in Noyell Twp., in the Casa Berardi region of Quebec. The decision follows …
Energex considers heap leaching at Toodoggone gold property
The possibility of combining seasonal heap leaching with conventional milling is being considered by Energex Minerals (VSE) at its Al gold property in the Toodoggone area of British Columbia. “Project…
World uranium output declines in ’87
Total production of uranium by non-Communist countries decreased in 1987 compared with the year before, with three of the top four producing nations — Australia, South Africa and the U.S.A. — showin…
People (April 11, 1988)
Malartic Hygrade Gold Mines (Canada) — Marc C. Henderson appointed president and chief executive officer succeeding Jack Belton, who is retiring, but remains a director. Ross D. Parry elected chairma…
News in Brief (April 11, 1988)
Geodome Resources has changed its transfer agent to Royal Trust Co.
Interest expressed in Dumont property
Record nickel prices have created an interest in a deposit of the base metal situated in northwestern Quebec, Dumont Nickel (ME) of Val d’Or reports. Two American companies are negotiating for long-te…
Underground program planned by Citadel at Surluga property
Under new ownership, Citadel Gold Mines (TSE) is getting serious about its former producing Surluga gold property at Wawa in northern Ontario. The junior mining company is planning an underground test…
Copper upturn helps Lornex
Copper prices reaching levels not seen since 1980 helped Lornex Mining Corp. (VSE) enjoy one of its better years, according to the company’s annual report. Lornex has a 45% interest in Highland Valley…
Chevron, Stroud are considering underground work
An underground exploration program will be considered following the completion of a 30,000-ft drill program at the Hislop project held by partners Chevron Canada Resources, and Stroud Resources (TSE)….