Bellechasse partners extend zone
Surface samples from the Bellechasse project, southeast of Quebec City, continue to return encouraging results for partners Golden Hope Mines (COATS), St. Genevieve Resources (TSE) and Exploration Duv…
1991
Review lowers coal price
A review of the contract price of Bullmoose coal for the period commencing April 1, 1989, has lowered the price to $88.26 per tonne. The Bullmoose mine in northeastern British Columbia is owned 61% by…
Wyoming Geological Association Conference
The Wyoming Geological Association (WGA) will hold its 42nd annual fall field conference Sept. 14-18 in Laramie, Wyo., at the University of Wyoming. Topic is the state’s mineral resources. WGA is base…
Low grade at Gold Basin
A 12-hole drilling program on the Gold Basin property in Mohave Cty., Ariz. returned no significant results in all but four holes which intersected low grade gold values. Consolidated Rhodes Resources…
Montreal Exchange St. Genevieve for sale
Thinking the latest rally may have run its course, investors pulled back during the report period ended Feb. 26. Both the market portfolio and mining and minerals index suffered losses, the former by …
Adonos estimates rutile tonnage
Initial exploration and evaluation has been completed by Adonos Resources (VSE) on the company’s rutile property in the Villenar area of Chile. The company is exploring the prospect for rutile which h…
U.S. REPORT Positive study at Shafer bet
A recently completed prefeasibility study on the Shafer Gold deposit in Dillon, Mont., indicates it could be brought into profitable production at a rate of 350 tons per day. TPacific Gold (VSE) can e…
News in brief (March 04, 1991)
Lyon Lake Mines (ME) has signed a deal with Canaco Mining (ME) to earn a 50% interest in the latter company’s Benoit Twp. property in northern Quebec. The 34-claim property is immediately north of the…
Mazarin makes option deals
An option agreement has been signed between Societe d’Exploration Miniere Mazarin (ME) and Rio Algom (TSE) whereby the latter may earn a 60% interest in Mazarin property north of Amos, Que. To earn it…
Gold reacting to lack of speculative demand
As peace seemed imminent in the Persian Gulf during the week ended Feb.26, both gold bullion and oil prices drifted lower, taking several TSE-listed gold mining stocks along with them. By presstime, g…
Bethlehem, Goldnev drilling bet’s down-plunge extension
Drilling on the down-plunge extension of the Goldstream deposit near Revelstoke, B.C., has intersected 8.6 ft. grading 6.35% copper, 3.17% zinc, 0.60% lead, and 0.81% oz. silver per ton in hole 91M-12…
Drilling extends Yellowjacket
Drilling on the J&L property near Revelstoke, B.C., has extended the strike extent of the recently discovered Yellowjacket zone to at least 200 metres in length. The zone was discovered late last year…