La Fosse drilling Blue Lake project
Diamond drilling began recently at the southeast section of La Fosse Platinum’s (TSE) Blue Lake sulphide deposit north of Schefferville, Que., The Northern Miner has learned. So far, the company has p…
News
La Sarre, Terre deal
An agreement has been made between La Sarre Mining (ME) and Terre D’Or whereby the former may acquire a 90% interest in the former Rochette property in Launay Twp. in northwestern Quebec by spending $…
Bateman claim option
Vauquelin Mines (ME) has acquired an option to earn a 60% interest in claims held by Bateman Bay Mining (ME) located 50 km east of Val d’ Or, Que. Vauquelin can earn its interest by spending $400,000 …
Power estimates 2.9 million tons at Kasagiminnis
Power Explorations(TSE) says preliminary calculations for its Kasagiminnis Lake property in the Pickle Lake area of northwestern Ontario indicate 2,866,000 tons of mineral reserves grading 0.14 oz gol…
Metal Prices FREE MARKET (April 18, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Apr.12 Apr. 11 Apr. 8 Apr. 7 Apr. 6 Copper 1250-1260 1274-1276 1303-1305 1293-1295 1294-1…
Newmont keeps Australian interests
After failing to reach a pricing agreement, Newmont Mining of New York has decided not to sell a 75% interest in Newmont Australia Ltd., the company said recently. The proposed sale of its Australian …
Investment Comment Bootleg project makes Vista a buy
When Vista International Petroleums created a precious metals exploration wing in 1986 to take advantage of rising gold prices, the new entity was able to give itself a head start At a price of $612,0…
Rogi exploration totals $1.8 million
Exploration work worth $1.8 million and the acquisition of two properties, White Lily and Leo Audet, highlighted the past year for Rogi Exploration (ME). The White Lily property is located in northwes…
Initial results in from Goldcap bet
The first results are in from a program undertaken by Goldcap Inc. (ASE) and Tyler Resources (TSE) at the Tas gold property 40 miles north of Fort James in central B.C. Under an agreement with Noranda…
Esperanza sets October start for Tillicum mine
There is a busy 6-month period ahead for those involved with Esperanza Explorations’ (VSE) Tillicum Mountain gold project located near Burton, B.C. Start-up of a 100-ton-per-day mill is slated for Oct…
Louvem planning shaft extension
Sinking work to extend the shaft below the 7th level at the producing Chimo gold mine in northwestern Quebec is to start in June, Louvem Mines (TSE) reports. The shaft should reach the 15th level in J…
Atlanta seeks partner in Idaho gold project
A joint venture partner is being sought by Atlanta Gold Corp. (VSE) to help develop its gold property in Elmore Cty., Idaho. “Atlanta is inviting proposals from interested parties,” President Olaf Tol…