No glitter at Glimmer
An 8-hole drill program financed by Canamax Resources on a property held under option from Glimmer Resources, has failed to intersect any significant gold mineralization, Glimmer says. Located in Barn…
1988
Nickel prices flying high
Demand for nickel in a period of tight supply is driving the price of the base metal sky-high. The spot price for nickel on the London Metal Exchange (lme) had risen to the $8.70(US)-per-lb range at p…
Noranda, Hemlo Gold active at red-hot Mishibishu region
Mishibishu. It’s a strange sounding name but one likely to become increasingly familiar to our readers in the months and years ahead. The recent announcement that the Mishibishu joint venture group (5…
American Platinum gets flow through
A $1-million flow-through share funded platinum exploration program is being planned by American Platinum Inc. for this year. The program will follow up encouraging results from work completed last ye…
Rayrock outlines Costa Rica Deposit
Work completed by Rayrock Yellowknife Resources has outlined proven and probable reserves on the Bellavista property in Costa Rica in excess of 10 million tons grading 0.05-0.07 oz gold per ton. Other…
Sable has good assays on Cassiar gold bet
Encouraging gold assays are reported from a $500,000 underground program recently completed on Sable Resources’ Quartzrock Creek gold property near Cassiar, B.C. The No 2 vein has been exposed by a de…
New Ego zone
A new gold zone has been uncovered by Ego Resources of Toronto on its Goudreau gold property near Wawa, Ont., the company reports. To date, 26 holes have intersected a gold-bearing shear zone which ha…
Carlin drill rig shortage delays Skylark’s Pan plans
Partners Skylark Resources and Pic Prospectors International say deep drilling will not begin at the Pan property at Carlin, Nev., until mid-April. The program was originally scheduled to begin this m…
Cornucopia in gold venture with Centurion Mines, Utah
Vancouver-based Cornucopia Resources is embarking on a joint venture with Centurion Mines of Salt Lake City, Utah, at the West Tintic mining district in central Utah, Cornucopia announced recently. Lo…
Editorial Brokers turn to COIN
Stock brokers see their job as one of bringing together buyers and sellers of securities for their mutual benefit. For their services, brokers have traditionally received a handsome fee. But times a…
Gold Wind on ME
A junior mining firm incorporated in 1985, Exploration Vent d’Or (Gold Wind Exploration) of Val d’Or, Que., was recently listed for trading on the Montreal Exchange (symbol von). The company was origi…
People (March 28, 1988)
Saskatchewan Mining Association — K. J. Cahoon elected president at the annual general meeting held in Saskatoon recently.