A winter drilling program in the Fermont area of Quebec by Mazarin Inc. (TSE) has uncovered a rich flake graphite deposit. First assays indicate an average grade at the Lac Knife main zone of 16.8% gr…
From a speech by Canamax Resources President John Hansuld at the Ontario Ministry of Northern Development and Mines’ annual regional geoscience seminar in Thunder Bay Feb 7-8. It seems obvious to sa…
MAGMA COPPER CO. — Judd R. Cool and Simon D. Strauss elected to the board of directors bringing the total number of directors to 11. * *…
Cornelius J. Campbell, a well- known prospector in northern Quebec since the 1930s, died in Rouyn- Noranda Feb 12, at the age of 84. During his long career in the exploration industry, “Con” Campbell …
Malartic Hygrade (TSE) reports net earnings for the year ended Dec 31 of $743,430 or 20 cents on revenue of $1.41 million. For the same period a year earlier the company reported net earnings of $2 m…
Assay results were released for four recent holes drilled on the Mt. Milligan gold/ copper project near MacKenzie, B.C. United Lincoln Resources (VSE) is operator and owns 70% while partner BP Resourc…
Vancouver-based Rochester Minerals (VSE) has granted Billiton Minerals USA an option to earn a 70% interest in its Cherry Creek property located 60 miles north of Ely, Nev. Billiton Minerals is a unit…
A financing worth $14.5 million has been concluded by Stratmin Inc. (ME) for the company’s graphite project at St-Aime-du-Lac-des-Iles, Que. Through a wholly-owned subsidiary, Stratmin has arranged a …
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 21 Feb 20 Feb 17 Feb 16 Feb 15 Copper 1728-1730 1693-1695 1650.5-1652.5 1665-…
The boards of directors of Dickenson Mines (TSE) and associated company Kam-Kotia Mines (TSE) are recommending against takeover offers of the companies by Corona Corp. (TSE). Both Dickenson and Kam-Ko…
In an unusual move for a royalty company, Franco-Nevada Mining (TSE) has announced a 25,000-oz gold loan. Through its wholly-owned U.S. subsidiary, Franco-Nevada has negotiated the 5-year gold loan wi…
Acadia Mineral Ventures (TSE) has started a diamond drilling program on its Vermilion Lake gold property near Sioux Lookout, Ont. The drill program will test several geophysical anomalies outlined by …
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