Getty to explore Nevada property
Vancouver-based Getchell Resources has granted Getty Resources the option to earn an interest in an epithermal precious metal deposit in Humboldt Cty., Nev. Under the agreement Getty can obtain a 50% …
News
Inco charged in connection with Levack mine deaths
Charges have been laid against Inco and two Inco foremen in connection with an April 14 accident that killed four miners at the company’s Levack nickel mine in Sudbury. Inco has been charged under Ont…
News in Brief (July 06, 1987)
Abaterra Energy reports it has signed a letter of intent with Marshall Energy whereby Abaterra proposes to sell substantially all of its petroleum and natural gas properties and interests to Marshall,…
Exploration starts on Mets project
Exploration work has started on the Mets property of Manson Creek Resources and Golden Rule Resources in the Toodoggone area north of Smithers, B.C. Diamond drilling is scheduled to begin once drill s…
Brohm to heap leach Gilt Edge project
Brohm Resources of Vancouver has decided to begin construction immediately on a Phase 1 heap leach production facility at its Gilt Edge mine in Deadwood, South Dakota. After the heap leaching producti…
Metal Prices FUTURES PRICES (July 06, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June 68.95 68.95 68.90 — 1.90 July 69.20 68.15…
Granges drilling Windflower project
Diamond drilling is under way at Windflower Mining’s Goldfinch property southeast of Revelstoke, B.C. Project operator Granges Exploration confirms that 10,000 ft of diamond drilling will be completed…
Wilco gains option on Green Coast bet
Green Coast Resources reports it has assigned an option to Wilco Mining on a property about 60 mi west of Thunder Bay, Ont., near Upper Shebandowan Lake. Under the agreement, Wilco can earn an 80% und…
Aurun Mines and Equinox to lease sulphur claims
Vancouver-listed Aurun Mines and Equinox Resources have signed an agreement to lease eight patented claims covering the sunlight Basin sulphur deposit located in Wyoming. The lease also provides for t…
Active summer for Vior Inc.
A drilling program is under way by Vior Inc. on the Matagami property in northwestern Quebec. Also, the company this month initiated, in partnership with Mazarin Inc., a drilling program on the Sheffo…
300,000 oz gold a year Giant production target
Nothing if not ambitious, Giant Yellowknife Mines is embarking on a 5-year program which it expects will see gold production soar from the present level of about 200,000 oz per year, to 300,000 oz. Th…
Soquem re-establishes presence in exploration
With an annual exploration budget of $4 million — $16 million committed for the next four years — the ground-breaking Quebec Crown corporation, Soquem, is bound to make its presence in the mining in…