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. “…
News
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…
Canadian bioleaching technology could get mine test in Australia
Vancouver-based Giant Bay Resources has taken an important step in putting its low-cost bioleaching technology to the test in an actual mining application. Last week the company signed a joint venture…
Scintilore leaps into Hemlo fray
Warfare over the billion dollar Hemlo, Ont., gold discoveries is far from over. Another combatant has entered the fray. Scintilore Explorations, a Toronto Stock Exchange-listed junior exploration comp…
Getty options claims from Esso Minerals
Getty Resources has signed an option agreement with Esso Minerals giving Getty the right to earn a 51% interest in Esso’s property north of Timmins, Ont. Located in Tisdale Twp., the claims are immedi…
Precious metals surge would spur Agnico-Eagle
The surge in precious metals prices, if maintained, promises to have a profound effect on the earnings of Agnico-Eagle Mines, especially for its silver division which has been building up a strong and…
Canamax, Bruneau up Clavos reserves
New reserve figures have been calculated by partners Canamax Resources and Bruneau Mining for the Clavos Porcupine Mines property, northeast of Timmins, Ont. Drill-indicated geological reserves stand …
Centurion nearing final feasibility
A final feasibility study should be completed later this year on a placer gold project in northeastern California being optioned by Vancouver-listed Centurion Minerals. In-fill drilling is currently u…