Strike shuts Horne smelter
Noranda Minerals has declared force majeure on shipments from its Horne smelter at Rouyn, Que., after unionized workers went on strike Nov 5. The employees had given the CNTU a mandate to strike after…
News
Troymin encouraged by prospecting finds
A prospecting program on the Berven Lake claims held under option by Troymin Resources has led to the discovery of four subeconomic zones of gold mineralization, the company says. Located 100 km north…
HudBay/Metalore deal still requires Ontex’s blessing
Rumors that a deal has been struck between Ontex Resources, Metalore Resources and Hudson Bay Gold Inc., concerning the Brookbank gold property near Beardmore, Ont., have been discounted by Ontex Pres…
Books in Review: Mining Association issues “Facts” book
MINING IN CANADA, Facts and Figures, published by the Mining Association of Canada, Suite 809, 350 Sparks St, Ottawa, Ont. K1R7S8 This year’s Facts and Figures booklet from the Association has changed…
Underground is on schedule for Gunsteel Res.
Underground drifting is proceeding on schedule at Gunsteel Resource s’ Nugget gold property near Salmo, B.C. The work is focussing on the Calhoun vein which it says could be a continuation of the Nugg…
Editorial: The back seat investor
So you’re barrelling along the 401 highway out of Toronto, and you w ant to know what Hoochy Poochy Mines is doing on the Toronto Stock Exchange. Simple. From the plushy depths of your seat at the r…
Rouyn expands its Francoeur reserves
Deep drilling completed by Rouyn Mining Resources on the optioned Francoeur property near Rouyn, Que., has enabled the company to increase drill-indicated reserves to 962,545 tons grading 0.2 oz gold …
Additional drilling for Barrick/Lenora
A drill program has been extended by partners American Barrick Resources and Lenora Explorations on their joint ventured gold property in Holloway Twp., north of Kirkland Lake, Ont. The property is be…
Diamonds might be forever, but a junior’s best friend?
The mesmerizing flash of diamonds and their almost magical effect on women have been known for many years. But what can they do to junior mining companies? Consider then, the drilling of a 3,000-ft …
Portfield picks up Cameron Lk ground
Portfield Industries Inc. of North Bay has struck a deal to acquire a 48-claim block of ground in the Cameron Lake area, northeast of Thunder Bay, Ont. Located about half a mile from ground held by Nu…
Lynx-Canada plans to drill
A diamond drill program is planned for the Lynx-Canada Explorations Massicotte property in the Casa Berardi area of northwestern Quebec, reports President Karl Glackmeyer Several excellent drill targe…
Golds boost profit at Sullivan Mines
Strong gold prices are cited as the main reason behind the marked improvement in profitability at Sullivan Mines. During the first nine months of 1986, the company’s average selling price was $501.48 …