Northern Quebec focus of 1990 CIM symposium
A CIM symposium this spring will focus on 60 years of exploration in the polymetallic belt of northern Quebec. Major mineral deposits in production or under development in the Rouyn- Noranda, Val d’Or…
News
Hemlo starts drilling Pukaskwa property in Mishibishu area
Diamond drilling has started on the Pukaskwa River gold property under option to Hemlo Gold Mines (TSE) from Mishibishu Gold (VSE) in northern Ontario. The property is about 40 miles west of Wawa on t…
Stratabound Minerals
There aren’t too many juniors who are fortunate enough to be in the position that Stratabound Minerals (ASE) is in at the moment. The Calgary-based company is sitting with a 210,000-ton zinc-lead- sil…
Inside New look at Val d’Or
Val d’Or, Que., has been well worked over by gold explorationists, but its base metal potential has been largely overlooked for the past 20 years. New geological theories and new exploration technique…
Preliminary work encouraging: Rogi
An IP survey on the Lourmet property near Val d’Or, Que., has returned encouraging results, Exploration Rogi (ME) and Aur Resources (TSE) report. Indicated is a strong anomaly coinciding with a volcan…
COATS (over-the-counter) Teddy Bear active
After forming a joint venture with Noranda Exploration to continue work on a Harker Twp., Ont., gold property, Teddy Bear Valley Mines advanced to $1.50 this week on news of recent drill results from …
Golden Trio, Locke $4.7 m placement
Golden Trio Minerals (TSE) recently entered into a $4.7 million private placement deal with Locke Rich Minerals (VSE). Under the agreement, Locke Rich will purchase either five million special warra…
Samatrosum mine opens producing silver, zinc plus copper, lead,
The sun shone only briefly during the official opening of the Samatosum mine 40 km from this small community, but it was enough to cap a red letter day for Minnova Inc. (TSE) and junior partner Rea Go…
Cameco, Claude deal
Cameco has signed an agreement with Claude Resources (TSE), giving it the right to earn a 70% interest in Claude’s diamond prospects in Saskatchewan. The 97,000-acre property near Prince Albert covers…
Metal Prices FUTURES PRICES (November 06, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov– — 115.95 + 1.05 Dec118.50 117.40 118.25 + 3.15 Jan116.00 114.40 115.65 -…
LAC looks to Chile
LAC Minerals is putting a lot of effort into exploration in Chile because it offers “superlative geological potential, a mining infrastructure, skilled workers and a strong economy,” says chairman Pet…
Major General busy in Newfoundland
Vancouver-based Major General Resources reports that a diamond drilling program has started on its Rendell-Jackman gold property held under option from Noranda Inc. (TSE) in north-central Newfoundland…