Dilution problems slow D’Or Val mine operation
Dilution troubles have slowed operations at the producing D’Or Val Mines gold mine in northwestern Quebec but according to a company spokesman, the problem seems to have been remedied. Daniel Gosselin…
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50 Years Ago FEBRUARY, 1938 PAMOUR MILL READY FOR STEP-UP
Pamour Porcupine Mines steps into the really big tonnage class this month by increasing the mill rate to 1,500 tons from the current 800 tons daily. At this rating, the Noranda subsidiary will come in…
United Reef finds veins at Alder Gulch venture
Toronto-based United Reef Petroleums has outlined at least six major vein systems at its Alder Gulch joint venture project in Montana, the company said recently. Under a recent agreement, Canhorn Mini…
Centurion gets new properties
Increasing its exposure to the United States mineral exploration scene, Centurion Minerals has spent $2.2 million(US) to get varying interests in 11 mineral properties held by M. A. Hanna Co. of Cleve…
Monicor announces encouraging results
Drilling on the Monique property located east of Val d’Or, Que., has totalled 67 holes representing 15,000 m to date, Monicor Exploration reports. Three gold-bearing zones identified on the property, …
Vancouver Stock Exchange Stallion is among active traders
The once powerful U.S. dollar, which has been free-falling for months, continues to have a negative impact on stock markets including Vancouver. By presstime the vse index was off a dozen points to 1,…
Cuvier results at Ming’s Bight
Additional significant gold mineralization has been intersected on its Mings Bight property in the Baie Verte area of Newfoundland, according to Cuvier Mines. The company says drill hole No M87-15 int…
Workers vote to strike at Lac’s Bousquet mine
A strike at Lac Minerals’ Bousquet No 1 mine and two associated mills near Malartic, Que. has brought operations to a complete standstill, the company said recently. After rejecting a new 3-year offer…
Energex awaits feasibility on Toodoggone gold property
A decision to go ahead with production at Energex Resources’ Al property in the Toodoggone area of north- central British Columbia will depend on results of a feasibility study to be completed mid-Feb…
Jascan, Novamin get results from Dufferin bet in N.S.
Assay results from the first 13 holes of a 25-hole program on the Dufferin mine property in Nova Scotia, have been recieved by joint- venture partners Jascan Resources of Toronto and Novamin Resources…
Alberta Stock Exchange Volumes generally low
Despite a slew of joint-venture agreements on a number of Canadian and U.S. properties, it wasn’t a stellar week for the majority of Alberta-listed resource companies. Volumes were generally low as i…
Ontario may compensate for loss of flow-through
The Ontario government will be pressuring the federal Finance Department to rescind its plan to weaken flow-through share financing for mineral exploration, the province’s mines minister has announced…