Coldspring starts Costa Rica production
Gold production started late in October at Coldspring Resources’ placer gold mine in the Osa area of Costa Rica. The company is processing 1,000 yd per day and expects to double this by spring. Gold o…
1988
Golden Range drilling on 3 properties
A total of 25,275 ft of drilling has been completed on three of the 11 properties held by Golden Range Resources under an agreement with Mingold Resources, Golden Range reports. At the Manson Bay prop…
Montreal Exchange Investors on sidelines
The phrase “year-end holiday” seems to have been taken literally by investors on the Montreal Exchange, where daily trading volumes slowed almost to a trickle as the week wore on. Those investors that…
Tundra reserves exceed 25 million tons
A revised reserve figure has been calculated by partners Noranda Exploration (51%) and Getty Resources (49%) for their Tundra gold property located 130 miles northeast of Yellowknife, N.W.T. The new r…
MFC, Pioneer dealt o treat Hecla ore
MFC Mining Finance Corp. and Pioneer Metals Corp. have entered into an agreement with Hecla Mining which will see mfc and Pioneer process ore from Hecla’s Yellow Pine gold property in Idaho. Processin…
Metal Prices FREEMARKET (January 04, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 15 Dec. 14 Dec. 11 Dec. 10 Dec. 9 Copper 1553-1558 1570-1580 1518-1522 1432-1433 1465-1470 Lead …
Geochemical reports
Writing reports can be drudgery, and perhaps this is why reports are so often badly written, president Ian Thompson of the Association of Exploration Geochemists, (aeg), says in a preface to a new boo…
Letters to the Editor Beep Mar proves its worth
Contrary to what was written in The Northern Miner’s issue of Dec 14, (`Beep Mat’ put in the spotlight by new exploration company) there are today less than a dozen geologists and/or prospectors who h…
Metal Prices PRODUCER PRICES (January 04, 1988)
ALUMINUM: MW U.S. Market 86.00 cents -88.00 cents per lb. (Dec 22, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Dec 10, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CA…
Newmont options Claude’s Ithingo
Newmont Mines has optioned the Ithingo Lake gold property from Claude Resources. Located in northern Saskatchewan, the Ithingo property was the site of a surface gold discovery made by Claude last fal…
Golden Hat drilling at Dunkin property
A drilling program was recently started on the Dunkin mine gold property located 40 miles northeast of Red Lake in northwestern Ontario, Golden Hat Resources of Winnipeg reports. Underground developme…
Findore options Newfield claims
Findore Minerals has optioned five patented claims from Newfield Mines. Located in Garrison Twp., near Matheson, Ont., the claims can be acquired by Findore after the company makes payments of $250,00…