News

Water tas may scuttle Trail smelter expansion

At least a 25% increase in refined zinc production is being considered by Cominco Ltd. (TSE) at its Trail smelter operations, Robert E Hallbauer, president, told reporters after the annual meeting. Bu…


Four listed on ME

Four junior-mining companies recently incorporated — Augyva Mining Resources, Aurochs Mining Exploration, Deux-Montagnes Exploration and Louphior Exploration — have been listed for trading (symbols,…


Queenstake grants option on Mar bet

A diamond drilling and surface sampling program will be carried out this summer on Queenstake Resources’ Mar gold property following an option agreement with Can Pro Development. Can Pro, a private B….



Plexus financing (May 02, 1988)

A $33-million(US) credit facility has been established by Plexus Resources Corp. (TSE). Completed with Elders Resources Finance, based in Sydney, Australia, the deal also gives Elders warrants with wh…



Val d’Or, Abcourt pleased by results

Encouraging drill results have been reported by Val d’Or Resources (ME) and Abcourt Mines (ME) from the northern part of the Vendome property located 30 miles north of Val d’Or, Que., and three miles …


Big crowd in Chicago for Minexpo equipment show

An estimated 18,000 people attended the American Mining Congress’ Minexpo mining and milling equipment show that was held here April 24-28 in the cavernous McCormick Place along the Lake Michigan wate…





Reserves lower than expected at Granges gold bet

Reserves at the Tartan Lake gold project of Granges Exploration (TSE) and Abermin Corp. (TSE) may be lower than the “drill-indicated grade originally set out in the feasibility study,” says Abermin pr…


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