Letters to the Editor Checkin’ the ‘rithmetic
In the second section of The Northern Miner of June 19, there is a speech by Frank Duval concerning the Montana silver mine near Troy, Mont. Mr. Duval’s arithmetic is off regarding the value of the or…
News
Bulk sample plans at Bakra project
Vancouver-based Bakra Resources (VSE) has completed four more drill holes at its Sannorm gold property in Manitoba where three zones have been outlined so far. Located 120 miles northeast of Winnipeg,…
Regulatory delays stall McNickel’s work plans
Regulatory delays are causing headaches for McNickel Inc. (COATS) which had hoped to start a major drill program last month on its Lac St. Jean copper-nickel prospect, 15 150 miles northwest of Quebec…
Metal Prices FUTURES PRICES (July 17, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul103.20 101.90 102.20 + 1.20 Sep102.40 100.80 101.70 + 1.25 Dec 99.50 98.30 …
3 holes extend size of Aur’s discovery, intersect new zones
Eagerly awaited drill results from Aur Resources’ (TSE) massive sulphide discovery surpassed expectations judging by the reaction of the stock market. Two holes extended the zone announced earlier (N….
Corona’s sample shows diamonds in Saskatchewan
Corona Corp. (TSE) has announced that it has found diamonds in the kimberlite pipe it drilled on property optioned from Claude Resources (TSE). The claims are near Sturgeon Lake, Sask., 40 km north of…
Minerex has earnings
Minerex Resources (TSE) realized net earnings of $817,286 or 8 cents per share for the 9-month period ended Feb 28. Revenue of $7.9 million was generated from the sale of 18,037 oz of gold and 21,714 …
Freewest gets zinc bet
Freewest Resources (ME) has an option to acquire a 100% interest in three zinc prospects in the St. Lawrence Lowlands, 30 miles south of Montreal. The properties cover 25,500 acres and are underlain b…
Letters to the Editor Praise for Wally Bruce, finder of Dona Lake
After reading the article on the Dona Lake gold mine (N.M., June 26/89), I realized that the only credit given to the retired vice-president exploration for Dome Mines, Mr. G. S. W. (Wally) Bruce, was…
Monique ups stake in Louvicourt bet
Montreal-based Monique Exploration (ME) has signed an agreement whereby it will issue shares to Societe Miniere Louvem (TSE) in exchange for a larger stake in the Monique gold property near Val d’Or, …
Inco and Cambrian unite to solve skills shortage
One of mining’s biggest companies is teaming up with a Sudbury, Ont., community college in an effort to stem the growing shortage of skilled miners and mineral processing staff in northern Ontario. To…
Sussex acquires land
Sussex Explorations (ASE) has acquired a 50% interest in 108 claims near Lac des Mille Lacs, Ont. The ground covers a section of the Quetico fault, a major structural break associated with gold minera…