Tonnage, grade increases on Eureka B.C project.
Eureka Resources reports an independent evaluation of 1986 exploration results on the company’s Frasergold precious metals project in central B.C. has confirmed upgrading of results and tonnage and gr…
News
Revenues climb but loss recorded for Falconbridge
Thanks largely to its acquisition of Kidd Creek, revenues for Falconbridge Ltd. soared to $1.1 billion in 1986, compared to revenues of $890 million in the previous year. But while zinc and gold reach…
Mineral inventory upgraded by Energex on Toodoggone bet
With the evaluation of last year`s exploration data completed, Energex Minerals reports an upgrade in mineral inventory at its Toodoggone, B.C. property to approximately one million tons grading 0.20 …
Granges options Casa Berardi bet
The 200-claim property of Ram Petroleums in Puiseaux and Brouillan twps. in the Casa Berardi area of Quebec, has been optioned to Granges Exploration. Granges expects to start a diamond drill program …
Golden Rock drills near Chibougamau (February 09, 1987)
Golden Rock Explorations has put three drill rigs to work on its Chibougamau property in northwestern Quebec following a financing that raised more than $2 million. The company says six holes have cut…
Ekaton testing silica at kaolin deposit
Development work is continuing on the Wood Mountain kaolin property in Saskatchewan, operator Ekaton Industries says. A laboratory facility has been built on site which is evaluating the silica potent…
Recon hole hits at Canamax’s Clavos
The first reconnaissance drill hole on the Clavos property held by partners Canamax Resources (66.66%) and Bruneau Mining Corp. (33.33%) has cut a 16.4-ft section grading 0.3 oz gold per ton. The Clav…
Obituary Played key roll in Northgate growth
A lawyer who became a top mining executive playing a key role in the growth of Northgate Exploration into a senior international mining company, George T. Smith, died in Toronto on Jan 29 at the age o…
Metals Report State ownership nothing to fear
Since metal prices collapsed in the early 1980s, North American producers have had a propensity for whining about “unfair” competition from state-owned mining companies in Third World countries. The N…
Mercator drilling base metals claims
A drill program is under way on a base metals property held under option by Mercator Resource Corp. The company is putting down two holes on the Sentinel Mountain property held under option from Texas…
Bulk sample ups Audrey revenues
Revenue from the milling of the bulk sample from the Mobrun property near Rouyn, Que., has boosted third quarter financial results for Audrey Resources. For the nine months ended Dec 31, revenue total…
Results “not conclusive” on Cons TVS platinum bet
The first results are out on the diamond drilling program on the South American platinum bet controlled by a Consolidated TVX Mining Corp. company called CNM. Though TVX President Ian W. Telfer says a…