Editorial Prescription for a mineral policy
The following guest editorial is from George Miller, managing director, The Mining Association of Canada, Ottawa. The Honorable Gerald Merrithew, Minister of State (Forestry and Mines), is expected …
News
Storimin pulls fine drill hole at Moss Twp.
A big width of ore grade material has been intersected in a rather exciting diamond drill hole put down by Storimin Exploration at its Moss Twp. gold property 70 miles west of Thunder Bay in northwest…
SMDC discovery at Oven Lake
Reconnaissance drilling, performed by the Saskatchewan Mining Development Corp. (SMDC), has resulted in a gold discovery on the Oven Lake property north of La Ronge, Sask. Other partners in the projec…
News-in-brief (May 04, 1987)
Three shallow holes have been completed so far on a joint-venture project involving Baroque Resources, Petromet Resources and Royex Gold Mining in the Casa Berardi area of Quebec. Some 72 split core s…
Letter to the Editor Asbestos ban criticized
The Asbestos Institute has demonstrated clearly beyond any reasonable doubt that the data and reasons supporting the Environmental Protection Agency’s (EPA) proposed ban on asbestos in the U.S., is ou…
News in Brief (May 04, 1987)
Greenstone Resources has acquired a gold property in Costa Rica with both open pit and underground reserves. The company is purchasing a 100% working interest in the El Recio project for $165,000(US) …
Metal Prices FREE MARKET (May 04, 1987)
Spot Gold, Silver, Platinum and Palladium prices April 28 April 27 April 24 April 23 April 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 453.00(455.75) 474.75(476.6…
Murray Pezim back in Corona fold
West-coast entrepreneur Murray Pezim and Galveston Resources have called off their legal action against International Corona Resources, Royex Gold Mining and related companies. At the same time, Mr Pe…
Profit prospects bright for Blackdome Mining
Paying three dividends in the first year of production is quite an accomplishment for any gold mining company, including a medium-sized one like Blackdome Mining. But not all mines are as successful …
Terra Mines defers Bullmoose decision
A net loss of $13.9 million has been reported by Terra Mines for 1986, compared with a net loss of $1.9 million for the previous year. Of the 1986 total, a writedown of the Bullmoose Lake gold propert…
Alberta Stock Exchange Gainers move on deals
Deals and drill results were behind the strong gains made by several issues on the Alberta Stock Exchange this week. Gunnar Gold posted a healthy 40 cents advance to $2.40. The company has acquired a…
Eastmain program is funded by MSV Resources
Eastmain Resources Inc., which holds interests in a large spread of ground in the East Main River gold area of northern Quebec owned by the “Opinaca Project,” reports that MSV Resources Inc. has now c…