News in Brief (October 09, 1989)
Silkridge Resources has changed its name to Aquatech Systems Inc. (AQU:VSE) on a share-for-share basis. Transfer agent is Montreal Trust Company.
News
Rayurock foresses long life at Marigold
The official opening of the Marigold mine near this small town owes much to a solid bank of exploration and mine development expertise quietly amassed by Rayrock Yellowknife Resources (TSE) since its …
Kewagama testing Granada samples
Metallurgical test work on material from the Granada gold property near Rouyn-Noranda, Que., indicates over-all gold recoveries in excess of 95% can be obtained from a combination of gravity separatio…
Aur, Louvem stocks perk up as analysts flash buy signals
Investor interest in Aur Resources (TSE) and its copper-zinc massive sulphide discovery in Louivcourt Twp., Que, has perked up again following a series of analysts reports saying the stock is underval…
Bonanza gets good zinc values in first hole at Poirier
The first results from a drill program currently under way on Bonanza Metals’ (ASE) Poirier zinc- copper property near Joutel, Que., include a 20-ft (6.1 m) intersection grading 4% zinc, along with su…
Refractory ores subject of talk
Ken Thomas, vice-president of metallurgy and construction at American Barrick Resources, will review the different types of refractory gold ores and the economics of treating them Oct 12. The event, s…
Sikaman merges with private firm
Shareholders of Sikaman Gold Resources (TSE) and Shefford Resources, a private company registered in British Columbia, have voted in favor of merging the two companies. Name of the amalgamated company…
Metal snips (October 09, 1989)
A fine beryllium powder to be used in the manufacture of new metal alloys to cover aircraft that would fly at 25 times the speed of sound has been produced by researchers in New Mexico, U.S.A. Berylli…
Windy Mountain drilling yields copper values
Assay results from the first four holes on Windy Mountain Explorations’ (COATS) MacLeod Lake property in northern Quebec include 29.1 metres grading 1.49% copper and 0.08% molybdenum. The property is …
Royal Oak eyes Gunsite’s porphyry deposit potential
What’s after Colomac? For Margaret Witte, president and chief executive officer of Royal Oak Resources (TSE), the answer just might be the Gunsite property situated between Anchorage and Fairbanks, Al…
Skyline boosts production, cuts costs by $55 (US) an oz
Gold production is up and costs have been reduced at the Johnny Mountain gold mine in the Iskut River region of northwestern British Columbia. Skyline Gold (TSE) said production costs at its 100%-owne…
Editorial Mining costs include decommissioning
When it comes to reclaiming property used for mining operations, it’s the mines of yesterday that get the attention, not the mines of tomorrow. The public — including those in the mining industry — …