More high grade at Buckhorn
Excellent drilling results continue to roll in from the Buckhorn Mountain property owned by Crown Resources (NASDAQ). Situated in Washington State, the property has been the subject of an extensive ex…
News
Wade reduces Bitech stake prior to Nfld. gold find
Bitech Corp. (ASE) President Jim Wade recently sold a substantial portion of his holding in the Toronto-based exploration company. During the latter part of October, James Wade Engineering and Pamiba …
Rainbow releases Inco Expl. result
Results were released recently from a 4-hole program on the gold- copper project of Rainbow Exploration (ASE) and Inco Exploration in Falconbridge Twp., five miles northeast of Sudbury, Ont. Inco Expl…
FUTURES PRICES Metal Prices N.Y. Commodity Exchange Week’s High
00 578.50 + 13.00 ** GOLD (in US$ per oz.) ** ** Dec418.70 415.30 417.90 + 14.40 ** ** Feb424.20 419.60 422.80 + 13.90 ** ** …
Newmont Gold’s gold output tops 1-million-oz level
Gold production from Newmont Gold’s (NYSE) Carlin, Nev., operations topped the 1-million-oz level, according to financial results released recently by the 90% owned Newmont Mining (NYSE) subsidiary. D…
Spokane convention a hit at 3,600 miners register
As demonstrated by the record turnout for the 95th annual convention of the Northwest Mining Association, the mining industry is alive and well in the western U.S. and Western Canada. Just more than 3…
St. Andrew’s mine off to good start
The Stock Township gold mine owned by St Andrew Goldfields (TSE) is expected to produce 27,000 oz of gold next year. Situated east of Timmins, Ont., the mine entered production on Oct 1, following a s…
Survey issues Skaergaard report
A geological report titled Gold Mineralization in the Skaergaard Intrusion was released recently by The Geological Survey of Greenland. It contains assay data indicating low gold values in 10 surface …
Copper-gold find at Hanson Lake (December 18, 1989)
A copper- gold discovery was recently made by Cazador Explorations (VSE) on its Hanson Lake property near Burns Lake, B.C. .T The mineralization was encountered in the main discovery trench within o…
Radisson plans bulk sample
A 10,000-tonne bulk sample from the Duquesne gold mine property near Rouyn-Noranda, Que., is scheduled for extraction during the last week of January, 1990, Radisson Mining Resources (ME) reports. Loa…
Sampling ups RJK’s reserves
Estimates of the amount of gold contained in the Box and Athona deposits near Uranium City, Sask. are about to increase significantly due to a sampling/assaying program called total gold extraction. T…
Cathedral in red ink for third quarter
A net loss of $113,000 was reported by Cathedral Gold (TSE) for the third quarter ended Sept 30. For the first nine months of the year, net loss was $256,000 on revenues of $1.22 million. Gold product…