Gold production up at Audrey’s Mobrun
Audrey Resources says that with underground production under way at its Mobrun polymetallic mine near Rouyn-Noranda, Que., gold production increased substantially there during November. According to A…
News
Metal Prices FUTURES PRICES (December 14, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Dec 121.50 119.40 120.60 + 0.65 Jan 114.80 114.80 115.60 — Mar 10…
Market crash hurting junior resource equity finance opportunities
The stock market crash last October has affected junior mining companies in more ways than just knocking down share prices by an average of 40%. Black Monday, which witnessed the largest one-day colla…
Cusac joins Gulf Titanium in Montana gold-silver project
With Cusac Industries as a partner, it’s all systems go on the $3.l-million development of Gulf Titanium’s Cruse Belmont gold-silver project near Helena, Mont. Cusac is paying $1 million(US) to earn a…
Granges, MacMillan expanding ore zone at Mishibishu Lake
In-fill and zone extension drilling continue to encounter mining- width, ore grade mineralization at the Granges Exploration-MacMillan Energy Mishibishu Lake gold project in northwestern Ontario, the …
Nevada Goldfields opens another U.S. gold mine
Milling started in mid-November at Nevada Goldfields’ Aurora gold mine, located in the Aurora mining district in Mineral Cty., Nev. The Aurora open pit and underground mine (not to be confused with a …
Greenland deposit excites Danish firm
Danish firm Carl Nielsen reports two years of field and laboratory work has proven up more than three million tons of ore in a zirconium- rare earth elements deposit in southwest Greenland. The compan…
Noble Peak drill results encourage at Weasel play
Positive drill results have been received by Noble Peak Resources from the company’s Sandhill- Weasel sector of the Happy Lake project, shareholders learned at the company’s annual meeting. The projec…
Better times for tantalum
A symposium on the extraction, working and applications of tantalum and niobium is being planned for the fall of 1988, the Tantalum- Niobium International Study Centre reports. The tantalum industry, …
Noxe busy at Laonil
A diamond drill program has been started by Noxe Resource Corp. on the company’s Laonil Lake property in northern Saskatchewan. The 2,600-ft program is testing targets near the Laonil Lake shear zone,…
Royal Oak drilling
A diamond drill program has been started by Royal Oak Resources on the company’s Maylac gold property near Geraldton, Ont. The 6,000-ft program will test several targets, including the down plunge pro…
Project feasibility near for Newhawk, Granduc
Overland access has been established to the Sulphurets project of Newhawk Gold Mines (60%) and Granduc Mines (40%) north of Stewart, B.C. A permanent camp is now on site and supplies are being hauled …