Cross Lake adds claims NEWS IN BRIEF
Associated companies Cross Lake Minerals (VSE) and TransBorder Energy (VSE) recently added claims held north of Prince George, B.C., to additional claims held by an outside party to form a 50-50 joint…
News
SB mine on track
The first batch of development ore from the SB gold property is being processed at Westmin Resources’ (TSE) Premier gold mill near Stewart, B.C. About 15,000 tons are expected to be processed during …
METAL PRICES FREE MARKET (July 15, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 9 July 8 July 5 July 4 July 3 Copper 1385-1386 1392-13…
PRODUCER PRICES (July 15, 1991)
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM…
PROFILE Peter Bojtos expands RFC’s Pend Oreille
Situated in northeastern Washington State is the Pend Oreille property, whose Yellowhead zone recently yielded encouraging results. Halfway through the current drill program, RFC Resource Finance, 44%…
U.S. REPORT Westchester explores Golconda
Colorado-based Westchester Mining recently negotiated a lease with option to purchase of the Golconda mine property in Baker Cty., Ore. Terms of the transaction were not released. The privately held …
TORONTO STOCK EXCHANGE INDICES (July 15, 1991)
July 09 July 08 July 05 July 04 July 03 HIGH LOW Comp”300″ 3497.39 3488.81 3482.21 3485.45 3479.07 4009.47 3009.91 Metals & Minerals 3178.44 3156.35 3160.20 3177.86 3155.08 3453.06 2502.63 Integra…
Correction (July 15, 1991)
Contrary to what was previously published (“Keeping Secrets,” T.N.M., June 10/91), Amada Mineral Corporation of Denver, Colo., is a private company.
Cross Lake
Looking for massive sulphide deposits, Cross Lake Minerals (VSE) has purchased 51 claims at Timmins, Ont., for $4,080 and 100,000 shares. The claims cover a rhyolite-basalt contact thought to be part …
Noranda seeks Heath Steele backing
The recent 10-month-long strike at the Brunswick zinc-lead mine near Bathurst, N.B., has forced Noranda (TSE) and 67% owned affiliate Brunswick Mining & Smelting (TSE) to look for help in expanding it…
Feasibility done on Sphinx project (July 15, 1991)
A feasibility study carried out on the Duvay heap leach gold project north of Amos, Que., concludes that total costs would be $10.43 per ton, Societe Miniere Sphinx (VSE) reported. Direct recovery co…
First hole pulls good values from Spectrum project
The first hole of this season’s drilling program on the Spectrum property in northwestern British Columbia returned a number of good gold intersections. Hole 91-63 intersected 176 ft. (from 100 ft. t…