News


Placer bulk test yields 1,000 oz for Gold City

A 30-day bulk sample test of gold placer gravels at Indian River, 35 miles south of Dawson City, Yukon, has yielded 1,000 oz of gold dore ingots, Gold City Resources reports. Gold City is conducting t…



Cons. Professor feasibility expected by early 1988

A feasibility study is being prepared by Wright Engineers for Consolidated Professor Mines’s Duport gold project. Located at Shoal Lake, west of Kenora, Ont., the Duport property hosts a geological re…



Editorial U.S. protectionism assaults potash

This country possesses the biggest and best potash deposit in the free world, and the biggest and best potash mines — period. With reserves in the billions and billions of tons of premium grade ore, …


Rambo initiates drilling program

A 15,000-ft drilling program is in progress on the Coleraine property in Quebec’s Eastern Twps., near Thetford Mines, to test for chromium, platinum and gold, Rambo Explorations reports. While no assa…


Trader gets results

Vancouver-listed Trader Resource Corp. has released partial diamond drilling results from its Tel deposit on the Yellow Giant property at Banks Island, B.C. The company says it has completed 61 holes …


Neptune gets $12 m for Colomac

Neptune Resources has completed an issue of one million shares on a flow-through basis. The issue will raise $12 million for additional exploration work on the company’s 60%-owned Colomac gold project…


Metal Prices PRODUCER PRICES (September 14, 1987)

ALUMINUM: MW U.S. Market 78.00 cents -81.00 cents per lb. (Sept 3, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$5.00 per lb. (Aug 20, 1987). CA…


$10m. exploration for Glen Auden

With interests in 24 gold exploration projects, Glen Auden Resources will be exposed to $10.2 million of exploration this year. A majority of the funds are being contributed by 14 joint venture partne…


Letters to the Editor U.S. 2nd biggest gold producer?

Your editorial in The Northern Miner of Aug 24 raised the question “Who really will be No 2 gold producer?” in the Western World. Perhaps we can help clarify this issue from figures taken from the soo…


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