Western Canadian busy at Sulphurets
An exploration program has been completed on the Kerr property owned by Western Canadian Mining Corp. The program of drilling, trenching and geochemical surveys outlined three target areas which will …
News
Faraway reports assay results
Assay results from the first hole drilled in a 20,000-ft program on the Sam silver property of Faraway Gold Mines near Houston, B.C., indicate one 45-ft section with ore values comparable to the gross…
Vancouver Stock Exchange Trading volumes are way down
Volumes were way down on the Vancouver Stock Exchange this week compared to the previous week. Only one issue — Tundra Gold Mines — traded more than a million shares. Last week Tundra traded more th…
Equinox-Technigen explore Maude Lake gold property
Equinox Resources has entered into an agreement with Technigen Corp., giving Technigen a right to acquire up to 40% of Equinox’s interest in the Maude Lake gold property in Ontario. Under a joint vent…
Falconbridge job worth $10 million
A contract worth about $10 million has been signed by Longyear Canada Inc. of North Bay, Ont., involving diamond drilling on the Lindsley base and precious metals property of Falconbridge Ltd. located…
Letters to the Editor Mine fatalities study
Your editorial — Mine fatalities study must be nation-wide — is indeed timely. The mining industry does require a greater effort to look into the causes of mine fatalities. However, your assertion t…
Toronto man wins gold prize
A Toronto resident has won 28 oz gold in the “Strike it Rich” contest staged this summer by Ontario Place’s Ontario North Now, in co- operation with the Ontario Mining Association. Winner of the gold,…
Jascan, Novamin report visible gold at Nova Scotia bet
Visible gold has been identified in eight of 11 holes logged to date at the joint-venture Dufferin mine gold property in Nova Scotia, Jascan Resources and Novamin Resources/ Breakwater Resources repor…
News in Brief (November 09, 1987)
A merger which would see Royal Apex Silver become part of Coeur d’Alene Mines of Idaho, subject to shareholder and regulatory approval, has been announced. Holders of Royal Apex common stock would rec…
Potash Co. loss on low price, closure
In the 9-month period ended Sept 30, Potash Co. of America, Inc. suffered an unaudited loss of $16.3 million, including an extraordinary charge of $3.9 million for shutdown expenses at its Saskatchewa…
Pro-or finds gold, chromium showings
Nine new gold and two new chromium showings have been discovered by Pro-or Mining Resources’ prospecting team at the Menarik property in the James Bay area of Quebec. The property is located within 7 …
METAL MARKETS South Africa`s effect on metal prices
The most important single item of news to be found in the bruising events flowing from the panic on world stock exchanges from Oct 19 on is that the gold price retained its value (while stocks did not…