Lacana option
Lacana Mining Corp. has optioned a 48-claim silver-lead-zinc property in New Brunswick’s Millstream River area 20 mi west of Bathurst owned 60% by North American Rare Metals and 40% by Mistango Consol…
News
First gold pour at Nickel Plate (May 04, 1987)
The first gold bar has been poured at Mascot Gold Mines’s Nickel Plate mine near Hedley, B.C. The Nickel Plate project was originally forecast to start in July of this year at a cost of $68.7 million….
Mining vacancies
Job vacancies for engineers, accountants, scientists and other professionals increased 8% during the last three months, but decreased 11% during the last year, according to a Technical Service Council…
Eastmain program is funded by MSV Resources
Eastmain Resources Inc., which holds interests in a large spread of ground in the East Main River gold area of northern Quebec owned by the “Opinaca Project,” reports that MSV Resources Inc. has now c…
Underground work under way by Skyline
Underground development work and drilling are under way at Skyline Explorations’ Reg property in northwestern, B.C. Two recent holes intersected what is believed to be an extension of the Zephrin zone…
Asamera spin off to hold mine assets
The mineral assets of Asamera Inc. will be placed into a new wholly-owned subsidiary, the company reports. Called Asamera Minerals, the Canadian company is expected to offer up to 15% of its treasury-…
Northgate encouraged on Dore Lake drilling
Very promising is the way the initial results are being described from the surface drilling program on Dore Lake in the Chibougamau camp of Quebec by Northgate Exploration. And for very good reason. “…
Perrex planning big effort in Harker-Holloway area
Perrex Resources is planning a large exploration program in the Harker-Holloway area east of Matheson, Ont. The main thrust of the company’s efforts will be on a 191-claim property in Harker, Thackera…
Editorial The Biggest Bang for our Bucks
Are you a bright, experienced professional mine engineer who gets a thrill out of making new things go? Well, the mining industry is looking for ways to implement innovative products or machines tha…
COATS Trading Features (May 04, 1987)
New Athona Mines added a dime to 35 cents on news that its northern Saskatchewan gold property has been optioned. Lenora Explorations, a Toronto Stock Exchange-listed junior, has optioned the claims n…
Metal Prices FUTURES PRICES N.Y. Commodity Exchange (May 04, 1987)
Week’s High Low Close Change COPPER (in US cents per lb.) May 62.15 61.60 62.05 — 1.30 July 62.15 61.65 62.05 — 1.10 Sep…
SMDC discovery at Oven Lake
Reconnaissance drilling, performed by the Saskatchewan Mining Development Corp. (SMDC), has resulted in a gold discovery on the Oven Lake property north of La Ronge, Sask. Other partners in the projec…