Normetal Mining options 72 claims
An option to acquire a 100% interest in 72 claims in Perron, Clermont and Desmeloizes twps. in northwestern Quebec has been acquired by Normetal Mining Exploration. The option, acquired from C. Salmis…
News
Traditional metals under attack
The world of industrial minerals is undergoing a period of rapid change. Traditional mineral products such as copper and steel are being overtaken by new types of materials in a variety of application…
Kootenay King starts work at Erie Creek
Preliminary exploration work has started at Kootenay King Resources’ Erie Creek gold prospect near Salmo, B.C. The company completed part of a $37,000 Stage 1 program, consisting of line cutting and g…
Shaft sinking on hold as Barrick finds more gold
American Barrick Resources of Toronto is faced with a couple of problems which every mining company would love to have. Recent deep drill results at its Goldstrike property near Elko, Nev., have been …
Ark La Tex explores N.W.T. Sunset Lk. bet
Good drill results from a neighboring claim has moved Ark La Tex to take another look at its Sunset Lake prospect, located 70 miles east- northeast of Yellowknife. Ark La Tex has an option to earn 60%…
Metal Prices FREE MARKET (January 18, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1565-1570 1600-1605 1560-1565 1585-1595 1640-1645 Lea…
Ontario’s mines division
Nineteen eighty-seven marked the first full year of operation for the Ontario Ministry of Northern Development and Mining’s Division of Mines and Minerals. This division was set up to better serve the…
Vancouver Stock Exchange Pezim Group back in the limelight
News of an important looking gold discovery southeast of Faro, Yukon, has pushed several Pezim Group stocks into the limelight including Golden Nevada Resources. The man friends and foes alike call “T…
Goldbrae options gold bet in northwestern Manitoba
An option to acquire a 100% interest in a 2-claim unit, 3,000-acre gold prospect in northwestern Manitoba has been obtained by Goldbrae Developments of Richmond, B.C. The company has agreed to spend $…
Queries Arctic land holding makes Borealis Exploration worth
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Placer Dome earns 60% of Melrose property
Placer Dome Inc. has fully exercised its option to earn a 60% working interest in Melrose Resources’ Blackstock Twp., property 30 miles southeast of Timmins, Ont., Melrose announced recently. So far, …
Pacific and Canamax drill high grade holes at Ketza
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…