Pezim ties up Grew Creek ground in the Yukon
Virtually all the ground on trend with the Grew Creek discovery of Noranda Exploration and Golden Nevada Resources has been tied up by Pezim Group companies including his fledgling merchant bank, Prim…
1988
Zinc-copper mineralization found at Abbey/Aur prospect
Partners Aur Resources and Abbey Exploration say they have intersected more high grade zinc-copper mineralization at the Lugold property in Louvicourt Twp., Que. According to Aur Chairman James Gill, …
Metal Prices Future Prices
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 134.00 133.20 133.20 — 6.80 Mar 120.70 116.25 117.15 — 5.75 M…
Dolphin gets Royex board appointee
While seeking a listing on the Toronto Stock Exchange, Dolphin Explorations of Vancouver has attempted to strengthen its board by appointing Robert McCallum as president of the company. As a former vi…
Aberfoyle’s reputation much larger than its size
With only 265 employees thinly spread over 4,000 km from Tasmania to Western Australia, base metal and gold miner Aberfoyle Ltd. (47%-owned by Cominco) has a reputation far larger than its size. “They…
Normetal Mining options 72 claims
An option to acquire a 100% interest in 72 claims in Perron, Clermont and Desmeloizes twps. in northwestern Quebec has been acquired by Normetal Mining Exploration. The option, acquired from C. Salmis…
Kootenay King starts work at Erie Creek
Preliminary exploration work has started at Kootenay King Resources’ Erie Creek gold prospect near Salmo, B.C. The company completed part of a $37,000 Stage 1 program, consisting of line cutting and g…
Queries Arctic land holding makes Borealis Exploration worth
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Pacific and Canamax drill high grade holes at Ketza
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
Frankfield to drill at Pickle Lake bet
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
McChip/Noranda venture showed good results
Under the terms of the joint venture agreement between McChip Resources and Noranda Exploration, a successful exploration program costing approximately $400,000 was carried out during the latter part …
Weaco Res. funds Esso drill program
Eight drill targets have been outlined by a $200,000 geological, geochemical and geophysical program carried out by Esso Minerals Canada on the Aimee gold prospect near Flin Flon, Man. These targets a…