News


Coin Lake prevails for U.S. gold mine

Gold production from the Golden Reward property in South Dakota is expected to begin within six months, Thomas Skimming, chairman and chief executive officer of Coin Lake Gold Mines (TSE), told shareh…


PRODUCER PRICES (July 11, 1988)

ALUMINUM: MW U.S. Market $1.20-$1.29 per lb. (June 30, 1988). ANTIMONY: New York dealer $0.95-$1.00 per lb. (June 30, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …


Mark V takes second look at Bagdad prospect results

Still without a permit for a mining operation, Vancouver-based Mark V Petroleums and Mines (VSE) has received more encouraging results from the Bagdad gold project in Granite Cty., Mont. With a 200-to…


Dejour cuts wide section at Turquetil

Drill results from Dejour Mines’ (TSE) Turquetil property 225 km southwest of Rankin Inlet in the Northwest Territories have shown good gold grades over significant widths. “It’s a big alteration zone…


Perrex drill program

A 30,000-ft drill program is in progress on the Iris gold property held by partners Perrex Resources (ASE) and The Alberta Gold Exploration Corp (ASE). Located in the Harker-Holloway area east of Math…


Platinova, Corona form joint venture

Toronto-based Platinova Resources (TSE) and International Corona Resources (TSE) have agreed to become joint venture partners, at Platinova’s East Greenland exploration concessions. In 1987, extensive…


Metal Prices FREE MARKET (July 11, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 5 July 4 July 1 June 30 June 29 Copper 1370-1375 1395-1410 1345-1350 1377-1380…




Maggie to drill

Diamond drilling is expected to begin in the next few weeks at International Maggie Mines’ (VSE) Indian River property six miles southeast of Squamish, B.C. The property falls under an option agreemen…


Probable reserves up at Addington

Recent drilling has increased probable reserves on the Addington gold property in southeastern Ontario. Michele Gold Mines (VSE), which has an option to earn a 49% interest from Cathedral Gold Corp. (…


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