Cominco options Kutcho deposit
While it’s no secret Cominco (TSE) has been eyeing offshore mining opportunities, the Vancouver-based major is also looking in its own backyard for projects with mine-making potential. This company re…
News
CIM conference focuses on risk
Battle Mountain Gold (TSE) expects to secure financing for the development of its Kori Kollo gold property in Bolivia by the end of the first quarter, says Chairman Karl Elers, a speaker at the sevent…
Athabaska resumes Nicholas Lake drilling in NWT
An 11,000-ft. drill program funded by Royal Oak Mines (TSE) has resumed at Athabaska Gold Resources’ (TSE) Nicholas Lake gold project in the Northwest Territories. Having secured the 40% project inter…
Glencairn resumes Goodfish drilling
A 4-hole, 2,500-ft. program designed to test for strike and depth extensions of the A zone will get under way on the Goodfish gold property near Kirkland Lake, Ont., by the end of the month. Glencairn…
Aurizon drilling Hoblitzell claims
A 3,500-ft. drilling program is under way on property in Hoblitzell Twp., 90 km northeast of Cochrane, Ont., Aurizon Mines (TSE) reports. Aurizon may earn a 60% interest in the property from Glen Aude…
Curragh determined to survive
Curragh Resources (TSE) Chairman Clifford Frame says he will draw on a large measure of Celtic determination and 40 years in mining to pull the zinc-lead-coal company through the current economic down…
Spot prices at a glance (January 27, 1992)
Week’s Price (US) Change Gold* $356.85 + $1.25 Silver* $ 4.26 + $0.12 Platinum* $339.75 + $2.35 Nickel** $ 3.57 + $0.26 Lead** $ 0.23 $0.00 Copper $ 0.97 + $0.02 Zinc $ 0.53 + $0.01 Courtesy of Scotia…
FUTURES PRICES (January 27, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 96.90 96.15 96.20 + 2.10 Feb 97.00 96.55 96.55 + 2.25 Mar 97.80 96.60 96.95 + 2.25 SILVER (in US cents per oz…
Arizona Star drilling outlines gold find on Chilean property
Drilling on the Aldebaran property in Chile is reported to have outlined an extensive gold-mineralized stockwork deposit in the Cerro Casale area. Arizona Star Resource (VSE) is earning a 51% interest…
INSIDER TRADING (January 27, 1992)
Malcolm Slack, chairman and driving force behind Deak Resources’ (TSE) effort to establish itself as a profitable producer and custom miller of gold, recently increased his stake in the Toronto-based …
Mineral deposits at Selwyn Basin
Steven Gordey, member of the Geological Survey of Canada in Vancouver, will give a lecture Feb. 6 at 4 p.m. It will take place in Room 2093 at the University of Toronto’s Earth Sciences Centre. Topic …
LETTERS TO THE EDITOR (January 27, 1992)
I read the article “A common-sense view of environmental issues” (T.N.M., Dec. 30/91) by Jack Patterson of the British Columbia & Yukon Chamber of Mines with great interest. His column summarizes in a…