St Andrew increases stock mine reserves
Because of mining experience and diamond drilling results, St Andrew Goldfields (TSE) has announced a significant increase in reserves for the West zone at its Stock mine east of Timmins, Ont. As of A…
News
San Andreas hits zinc-lead values
With assay results from four recent holes, San Andreas Resources (VSE) is reporting the discovery of “Pine-Point-style mineralization” at its Prairie Creek mine property 300 miles west of Yellowknife,…
BOOKS IN REVIEW — Facts and figures about copper
Review of Current and Potential Copper Producers. Revised 1992 edition in four volumes. Published by Pincock, Allen & Holt, Inc. 274 Union Boulevard, Suite 200, Lakewood, Colo. 80228. US$12,000. Last …
Queen’s seminar
Governments’ increasing neglect of the mining industry has prompted it to contend with the political agendas. The 23rd policy discussion seminar, held in Toronto by the Centre for Resource Studies of …
STOCK MARKETS — Royal Oak trades heavily in wake of Giant
Vancouver-based Royal Oak Mines took the top trading spot on The Toronto Stock Exchange during the week ended Sept. 22, dropping 10 cents to $1.96 on a volume of 4.4 million shares. The gold producer …
EDITORIAL PAGE — Misleading statistics
The legacy of flow-through is still with us. Long after the tax-driven incentive for mineral exploration has fallen out of favor, the statistics it generated are working against the industry’s effort …
Union, Luscar talking about co-operation at Balmer mine
The union representing more than 1,000 coal miners in southeastern British Columbia and an Edmonton coal company have taken the first step to save the huge bankrupt Balmer mine from liquidation. The U…
Hol-Lac amends agreement
Hol-Lac Gold Mines (CDN) and White Plains Resources (VSE) have amended their agreement of Feb. 7, 1992. Under the new agreement, Hol-Lac can participate up to 10% in the Gilbert wollastonite project i…
GOLD FUNDS (September 28, 1992)
BGR Central Net Value $8.66 $5.10 Price $7.00 $4.95 Discount 19.2% 2.9% Value $51,235,000 $83,280,285…
NEWS ROUNDUP — Founder sampling Jellicoe property
A surface sampling program is under way on Founder Resources’ (VSE) 100% owned Blackwater gold property near Jellicoe, Ont. A 2,000-ft.-long mineralized zone will be tested with 70-100 short plugger d…
First hole hits at Petaquilla
The first hole drilled by Adrian Resources (VSE) at the Petaquilla project in Panama returned a 968.2-ft. interval grading 0.71% copper, plus minor gold, silver and molybdenum values. It was a good st…
NEWS IN BRIEF (September 28, 1992)
The International Iron and Steel Institute, based in Brussels, will hold its 26th annual conference in Tokyo, Oct. 5-7.