Seabright plans eastern exploration program
The board of directors of Seabright Explorations (TSE) has approved a program to continue grassroots exploration and evaluation of its existing properties in the Highland area of Nova Scotia. Special …
News
Montreal Stock Exchange Moss Lake drilling
Recent drilling at the Moss Lake gold project in northwestern Ontario has project partners Tandem Resources and ASE-listed Storimin Exploration excited. A preliminary reserve estimate comprising about…
PEOPLE NORGOLD RESOURCES
Steven Potter appointed president; Richard Graeme, appointed vice- president Operations; Robert Schafer appointed vice-president Exploration and Acquisition.
PEOPLE TERRATECH RESOURCES
Gerry Curtis appointed president and chief executive officer and director succeeding Hugh Cameron who has resigned but continues as a director; Neil Paget appointed chairman of the board.
National Research Council trying to improve drills, bits
The National Research Council has been involved in studies which it hopes will prove useful to the diamond drilling industry. The current status of research seeks to refine testing devices for the ass…
Davis optimistic on B.C.’s mining future
Jack Davis, British Columbia’s minister of Energy, Mines and Petroleum Resources, told members of the Canadian Diamond Drilling Association that B.C.’s mining industry enjoyed a period of “relative pr…
Small drill development by Hydracore
Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups and which would allow easy movement and repositioning. The result was the Gopher Drill wh…
West coast action a bright spot for some contractors
Times may be tough for the diamond drilling industry, but several contractors are being kept busy working on some high profile exploration and development projects involving both precious and base met…
VSE steps up surveillance
The Vancouver Stock Exchange has recently signed two agreements to strengthen its international securities surveillance capabilities. A memorandum of understanding has been signed with The Securities …
$150,000 in flow-through for Fontana gold project
A maximum of $150,000 in flow-through financing will go toward Jilbey Exploration’s (ME) share of expenses on the Fontana joint venture project in Duverny Twp., Que. CMP 1990 Resource Partnership has …
METALS PRICES PRODUCER PRICES (May 21, 1990)
ALUMINUM: MW U.S. Market US70.75- 73.75 cents per lb. (May 10, 1990). ANTIMONY: New York dealer US82-84 cents per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$4.15-4.25 per lb. (May 10, 1990). CAD…
Core drilling making inroads into geothermal exploration
In the past, geothermal exploration has traditionally been done using large oil field equipment. However, advances in equipment and techniques in wireline core drilling, over the past two decades, hav…