New Mexican rules attract foreign firms
While it ranks as the world’s largest silver producer, Mexico is thought to be highly prospective for porphyry copper and bulk tonnage gold deposits which geologists say could be located by technology…
News
Akiko, Gold Fields execute agreement
A recently executed agreement allows Gold Fields Canadian Mining to earn 50% interests in various mineral properties held by Akiko-Lori Gold (VSE) and several associated companies in northwestern Brit…
U.S.REPORT NEWS IN BRIEF Drilling in Republic camp
A drill program began in early June on ground held by Consolidated Parklane Resources (VSE) and Equinox Resources (TSE) in northeastern Washington state. The Republic joint venture’s initial targets a…
Gaspe region prospectors hold meeting
The Association of Gaspesian Prospectors, bolstered by financial assistance from both the federal and provincial government, has grown into a vibrant organization with at least 250 members. Gathered i…
U.S.REPORT NEWS IN BRIEF Expansion drilling at Fort Knox
The first hole drilled this year at the Fort Knox gold property near Fairbanks, Alaska, averaged 0.089 oz. gold per ton over its entire length from zero to 820 ft. Fort Knox is an advanced, bulk tonn…
PRODUCER PRICES (July 01, 1991)
ALUMINUM: MW U.S. Market US56.50-60.50 cents per lb. (Jun. 13, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CA…
Queenston positioned for the future
While there were no startling announcements forthcoming at Queenston Mining’s (TSE) well-attended annual meeting, shareholders learned it has much going for it these days putting it well ahead of most…
U.S. REPORT Annabell gets good values over widths of up to 80 ft.
Drilling on the Bunce gold property in Pershing Cty., Nev., continues to return good gold values over widths of up to 80 ft. The drilling program is part of an ongoing $800,000 earn-in program. Annab…
Vancouver Stock Exchange Pockets of excitement
Despite some pockets of excitement, the general market in Vancouver was recently characterized by a local mining analyst as “bleeding badly.” Both the Vancouver Stock Exchange composite and resource i…
EDITORIAL PAGE Leading indicators
If you want numbers on the gross domestic product, on inventories, on the trade balance, employment or inflation, Statistics Canada and other sources have more than enough data to keep you busy. Unfor…
FINANCING (June 24, 1991)
Barkhor Resources Inc. – 1,000,000 units consisting of 1 sh and 2 wts offered @ 47 cents per unit.
OBITUARY Peter Edwin Graham
Peter Edwin Graham, who in 1975 formed Graham Mining Ltd. with his father and built it into one of Ontario’s major mine contracting firms, died in Thunder Bay, Ont., June 11 of a massive brain hemorrh…