Clive Brown named Belmoral president
Struggling gold producer Belmoral Mines (TSE) has a new president and a new exploration chief. R. C. Brown, a company director and former president of Belmoral, has been named president, replacing Ken…
News
Billiton, NDU option
Billiton Metals Canada has acquired an option from NDU Resources (VSE) which gives it the right to earn a 50% interest in NDU’s Blende zinc-lead project in the Yukon. The 122-claim property is 45 mile…
Cameco, Uranerz report diamonds in kimberlite find
Cameco and Uranerz Exploration and Mining have made a kimberlite discovery on their Fort a la Corne diamond property 60 km east of Prince Albert, Sask. The joint venture drilled a series of geophysica…
Hillsborough options copper deposit
Hillsborough Resources (TSE) has signed a letter of intent giving it the right to earn a 50% interest in the Corner Bay copper deposit near Chibougamau, Que. Owned by Corner Bay Explorations, a privat…
Pamorex share price topic of meeting
Concerns about the relatively low share price of Pamorex Minerals (TSE) were voiced by a couple of shareholders at the company’s recent annual meeting. Pamorex is the exploration arm of the Pamour gro…
Big holes for Newmont almost commonplace
Drilling high grade is becoming commonplace near Carlin, Nev. Newmont Gold (NYSE), the largest operator in the area, has come up with another hot hole of 167 ft grading 1.12 oz gold per ton in the Dee…
Rogi raises funds for exploration
An agreement has been negotiated by Exploration Rogi (ME) with Societe en Commandite Miniere McGill whereby the latter will subscribe for 445,313 flow-through shares of Rogi at 32 cents per share, an…
Eskay’s base metal potential growing says Stikine director
The Eskay Creek project in northwestern British Columbia may turn out to have base metal potential as well as being a major gold deposit, a director of Stikine Resources (VSE) said in Toronto. “It’s s…
Metal Prices (October 09, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 3 Oct 2 Sept 29 Sept 28 Sept 27 Copper 179…
Selection committee ponders next Hall of Fame inductees
Nominations have been received and the selection committee of the Canadian Mining Hall of Fame (CMHF) is busy working to select the eight inductees who will be honored in the second round of induction…
Sikaman makes wollastonite find
Sikaman Gold Resources (TSE) has made a wollastonite find during the course of gold exploration on its Gilbert property in Nevada. Prospecting has identified three zones, the largest of which strikes …
Tests confirm gold grade at Touquooy says Seabright
Initial mill tests have confirmed the grade of the Touquoy gold deposit, Seabright Explorations (TSE) says. Situated near Moose River, N.S., the Touquoy hosts drill-indicated reserves of 1,059,000 ton…