News


Noront completes program at Olive

An underground examination of the Preston Olive mine property near Fort Frances, Ont., has been completed by partners Noront Resources and HSK Minerals. The program confirmed the presence of two miner…


METAL MARKETS Base metals beat summer doldrums

Low inventory levels and a weak U.S. dollar are preventing a summer slowdown in base metals markets, and in precious metals the sideways action is a positive action, First Marathon Securities says in …


Pioneer uncovers new Bonito zone

Some relatively high grade gold values have been reported from a breccia feeder system at Pioneer Metals’ Bonito property near Ruidoso, N.M. President Robert D. Willis confirms the system is “only one…


METAL MARKETS Palladium demand recovers

Global demand for palladium recovered last year to equal its record 1984 level of 2.96 million oz, Johnson Matthey reports in its publication Platinum 1987. Supply, however, ran ahead of demand for th…


News in Brief (June 29, 1987)

Echo Bay Mines recorded a net income during the first quarter of this year of $8.1 million (18 cents per share) compared with $5.7 million (14 cents per share) for the same period in 1986. Total rev…


American Platinum starts exploration work for ’87

A trenching and surface diamond drilling program has been started by American Platinum Inc. on ground near Lac des Iles, Ont. Funded by a flow-through share offering with First Exploration Fund which …


Fancamp drilling

A diamond drill program has been started by Fancamp Resources on the company’s Gamache Twp., Que., property. The property adjoins the Joe Mann gold mine brought into production this year by Meston Lak…


Good grades cut by Onitap in Maritimes

Drilling by Onitap Resources on the East Goldbrook property in Nova Scotia has encountered several zones of gold mineralization. A hole spotted 50 ft west of the old East Goldbrook shaft intersected f…



Tungsten symposium

The fourth International Tungsten Symposium, sponsored by Canada Tungsten Mining, is scheduled to take place Sept 7-10 in Vancouver. Organizers of the conference are the Primary Tungsten Association a…


Vedron has fine orebody shaping in heart of Timmins

Some highly encouraging results are starting to come in from the underground exploration-development work now in full swing at the Vedron-Belmoral Mines joint venture project in the heart of the Timmi…


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