Calpine plans to drill deeper at Eskay Creek
A diamond drill with greater depth capacity is being moved into the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) 60 air miles north of Stewart, B.C. A satellite…
News
Gunnar, Mill City raise $2 m to explore Fifteen Mile bet
A fifth company has been signed up by Gunnar Gold (TSE) and Mill City Gold (ME) to participate in Pan East Resources’ (ASE) Fifteen Mile Stream gold exploration project in Nova Scotia. In return for p…
Agnico-Eagle to sell real estate holdings
A lucrative offer for Agnico-Eagle Mines’ (TSE) Ontario real estate holdings has proved too good to refuse. Agnico-Eagle says it will sell the holdings which include a parcel of industrial land in Sca…
Dispute holds up Dome Mountain project
The ongoing dispute among the participants in the Dome Mountain project is heating up, and in the process holding up construction of the new gold- silver mine near Smithers, B.C. The project has minea…
Metals used in health and medicine
Laying in a United States hospital bed after emergency abdominal surgery recently, I got to wondering about the role of metals and their compounds in our bodies and in their deliberate application to …
Cream-colored cans clue to mysterious diamond rush
Maxim Pellack’s doubters may have been legion, but that didn’t dissuade him from his belief that Prince Albert, 150 km north of here, and better known for its wheat fields, was in fact diamond country…
COATS trading features (November 14, 1988)
A cease trade order was issued by the OSC this week against Carolin Mines for failure to file financial statements. Carolin closed in the 60 to 70 range when trading was stopped. The company has been…
Lead/Zinc conference
Metals Week’s second lead-zinc conference will be held on March 6-7, 1989 at The Pointe at Squaw Peak in Phoenix, Az. For more information contact Mary Ann Whalen at (212) 512-2823.
Magma Copper third quarter earnings
Magma Copper reports a third quarter 1988 net income of $12.3 million (U.S.), or 32 per common share. This compares to a net loss of $5.1 million for the third quarter of 1987. Total revenue for the …
Noront involved in big new play
Noront Resources (VSE), recently reactivated with strong financial backing as the exploration arm of Central Crude (VSE), is spreading its wings. Although not yet finalized, the company has reached an…
BHP-Utah Mines to earn interest in Snow Lake property
A gold property with known reserves near Snow Lake, Manitoba has caught the interest of BHP-Utah Mines, an indirectly held subsidiary of Broken Hill Proprietary of Australia. Formerly known as Utah Mi…
Intl. Platinum options US properties
Toronto-based International Platinum Corp. (TSE) has optioned more platinum properties in the United States. The first is a 47-claim property covering some 2.9 miles of the layered Picket Pin reef loc…