Placer miners welcome new policy for Yukon
A new federal government policy governing placer-mining in the Yukon Territory has met with approval from the territory’s placer mining industry. Released in mid-May, the Yukon Fisheries Protection Au…
News
Bunker Hill mine reopening planned later this year
Companies are taking a serious look at dormant base metal producers, including Bunker Hill Mining (U.S.), a subsidiary of VSE-listed Bunker Hill Mining Co. Wright Engineers of Vancouver is preparing a…
Lower quarterly profit reported by Louvem
A gross profit of $108,000 and a net profit of $65,000 were recorded by Louvem Mines (TSE) during the first quarter of this year, compared with a gross profit of $1.5 million and a net profit of $322,…
Huntington shakes VSE
What has been described as a “barn burner” of a drill hole yielded spectacular gold values at Huntington Resources’ (VSE) Brett property west of Vernon, B.C. The intersection that may have jolted th…
Gallant drill work returns low values
A two-stage diamond-drill program has been completed on the property of Gallant Gold Mines (ME), a Hughes-Lang company, in Villebon and Freville twps. in northwestern Quebec. In stage one, six drill h…
Vancouver Stock Exchange Hot hole boosts Huntington issue
What can only be described as a “barn burner” of a drill hole boosted the share price of Huntington Resources by $3.95 when it reopened this morning after a three-day trading halt. Weighing in at 2.0…
Camrico likely to reopen Goldlund mill at Sioux
Based on some highly encouraging recent drill findings, coupled with the results of the past year’s extensive drill program, Camreco Inc. (TSE) is giving serious consideration to re-opening the Goldlu…
Black Creek options Menora placer bets
A letter of intent to option two placer gold properties (the Squaw Creek and O’Donnell) from Menora Resources (ME) has been signed by COATS-listed Black Cliff Mines. The Squaw Creek property consists …
Riverton, Cogema in exploration deal
An option to acquire a 51% interest in the Belleterre mine property in Guillet Twp., in northwestern Quebec, has been granted to Cogema Canada by Riverton Resources (VSE) for $2 million. Riverton purc…
Small mine raises big hopes for northern Sask.
Joan Duncan, the new Minister of Northern Affairs, is no stranger to the healing power of gold. As a pharmacist in Maple Creek, Sask., Duncan prepared gold compounds as a treatment for arthritis. And …
Neil de Gelder ushering in new securities era for VSE
Keeping his finger on the policy-making pulse of North America’s leading venture capital market, British Columbia’s superintendent of brokers, Neil de Gelder, is exceedingly bullish about the future o…
Metal Prices FREE MARKET (June 13, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date June 7 June 6 June 3 June 2 June 1 Copper 1498-1503 1458-1460 1535-1540 1440-1450 1365-1370 Lead 372- 374 …