Cusac has results from Cassiar bet
A diamond drilling and trenching program on the Cassiar gold property owned by partners Cusac Industries (TSE) and Total Energold (TSE) has returned some encouraging gold values in a new surface vein….
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Oneida, Placer Dome in property deal
A letter of intent has been signed by Placer Dome (TSE) and Oneida Resources (VSE) whereby the former may earn a 60% interest in the Maple Lake and Floating Heart properties of Oneida in the Mishibish…
Papers sought on structural controls
As part of the annual meeting of the Geological and Mineralogical Associations of Canada in May, 1990, there will be an international conference on “Structural Controls on Ore Deposits.” Send offers o…
Barringer to give keynote address
In the symposium scheduled for Nov 20-21 by the Saskatchewan Geological Society, Tonny Barringer will deliver the keynote address titled “Integration of Satellite, Airborne and Ground Data in Mineral …
NovaGold starts gold production at Murray Brook
The Murray Brook gold-silver mine has begun production, NovaGold Resources (TSE) says. Situated in New Brunswick, the mine processed 8,050 tons of ore during its 10-day start-up period to produce 237….
Alberta Stock Exchange Integrated makes bid
A takeover bid by Integrated Resources for Northern Minerals (TSE) failed to generate much interest. Integrated was firm at $1.20. Northern, which holds a basket of exploration properties and a placer…
Cuts 216 ft. grading 0.28 oz. Bond gold find near Stewart
Recent drilling by Bond International Gold (TSE) has intersected a significant new gold discovery on the company’s Red Mountain property in northwestern British Columbia. Situated about 15 km east of …
Metal prices move up, commodity index down
Metal prices gained but the all- commodity price index of Scotiabank slipped 0.2% in August from the previous month. It was the seventh consecutive monthly decline for the over-all index. The gain (2….
Managing Canada’s Mines NERCO Aggressive plans mean new life for
Although the Con Mine at Yellowknife has always had a rather lowkey billing because of limited direct public participation, it ranks senior operating status, having turned out over three million oz of…
Potash Corp plans bond offering to raise $100-million
A $100-million bond offering is being planned by the Potash Corporation of Saskatchewan, a provincial Crown corporation and the largest potash producer in the world. The offering, limited to residents…
Hidden Lake Gold seeks JV partner on NWT gold bet
A summer exploration program on Hidden Lake Gold Mines’ (VSE) Wheeler Lake property in the Northwest Territories has detected at least six gold showings along a 7-mile stretch of iron formation rocks….
Placer Dome to buy back shares
The board of Placer Dome (TSE) has approved a plan to buy up to 16.4 million of its common shares on The Toronto Stock Exchange. When fully exercised, this ordinary course issuer bid would amount to a…