Vior, Goldhurst arrange placement
Vior Inc. (TSE) and Goldhurst Resources (VSE) have agreed to make a private placement involving 750,000 shares of Goldhurst at 30 cents each and a one-year option on an additional 100,000 shares at 3…
News
Investment Comment Base metal producers enjoying life
Like all the best things in life, the recent surge in base metals prices may just be a temporary respite from the dark days of 1982/83. But for the moment at least, a tight nickel supply and a 4.1% in…
New EDP asbestos reports seen as an encouraging sign
Four new reports on asbestos have been released by the U.S Environmental Protection Agency (EPA), which two years ago proposed a ban on the mining and use of asbestos, which it cites as offering a hea…
Golden Group and partner continue success
Drilling by Golden Group Explorations (VSE) and Golden Hope Resources (VSE) on the Estrades polymetallic deposit in Quebec, continues to intersect economic grade mineralization. The drill program, whi…
Huldra outlines high grade silver deposit near Hope
A high grade silver deposit is being delineated by Huldra Silver (VSE) at its Treasure Mountain property 55 miles north of Hope, B.C. Exploration to date indicates 118,000 tonnes of 32.03 oz silver, 8…
Free gold mixed blessing on Rand Malartic project
It’s not going to be easy to establish enough ore reserves at the Rand Malartic property about 15 km west of here to warrant a production decision, but should that decision be made, indications are th…
Silver surplus not likely to diminish
Higher prices for silver in 1987 may prove to be the precious metal’s undoing this year, with more of the metal making its way to the market. “Although silver consumption has been growing at around 2….
Skyline samples very high grade
Stope development at Skyline Explorations’ Johnny Mountain property in the Iskut River area north of Stewart, B.C., has encountered some very high grade gold values in the Discovery vein. Chip sampli…
Active staking in northern New Brunswick
Mining claim staking in northern New Brunswick has been active recently, says the New Brunswick Prospectors and Developers Association (NBPDA). Approximately 1,100 claims have been recorded along a fa…
Danra to start drilling program
A drill contract has been let by newly-listed Danra Resources (VSE) for a 6-hole program on a promising silver property in the Yukon. The 600-m program, scheduled to start early next month, will test …
Taiwan buying gold in bulk
In an effort to try to reduce its trade surplus, Taiwan is considering purchasing up to one-quarter of the world’s annual gold production, the news agency Reuter reports. Taiwan, which has foreign exc…
Centre fosters research
The Geomechanics Research Centre at Laurentian University in Sudbury is intended as a cornerstone of a centre of excellence in mining in Ontario, says Dr Peter Kaiser in a report made to the universit…