New nickel pricing process proposed
The vice-president marketing and sales for Falconbridge Ltd. has taken issue with nickel pricing as it applies to the London Metal Exchange (lme). “To say the least, Falconbridge is less than enamored…
News
Dividend Briefs (December 14, 1987)
Ranchmen’s Resources has declared a quarterly dividend of 12.5 cents on its class A shares payable Dec 29 to shareholders of record Dec 14. The last quarterly dividend of 12.5 cents was last paid Jan…
Macamic completes first-phase drilling
The first phase of a reverse circulation drilling at the Gilbert River gold placer project in Quebec’s Beauce Twp. south of Quebec City is complete, Macamic Resources reports. The company says 21 hole…
Villebon gold property optioned by Kangeld
The Vancouver-based Hughes Lang Group is further expanding its interests and activities in the gold fields of northwestern Quebec. This will be through its Kangeld Resources, which company has made a …
Flint Rock gets funds
A flow-through financing is being completed by Flint Rock Mines which will fund a drill program on the company’s 12-claim property at Shabu Lake. Located 43 miles east of Red Lake, Ont., the property …
Vassan encouraged by drill results
Exciting preliminary drilling results have been reported by Vassan Inc. from 14 holes at the company’s Vassan gold property located near Val d’Or, Que., north of the old Siscoe mine. Among the better …
Project feasibility near for Newhawk, Granduc
Overland access has been established to the Sulphurets project of Newhawk Gold Mines (60%) and Granduc Mines (40%) north of Stewart, B.C. A permanent camp is now on site and supplies are being hauled …
Golden Sitka takes over Alaska gold project
Funds raised in a public offering will be used by Golden Sitka Resources for a $2 million(US) exploration and development program on its Chichagof and Hirst mine properties located 50 miles west of Si…
Resdership Survey What readers like – and don’t like – about The
You, our readers, are the final judge of whether we’re doing our job properly — covering the mining industry in a way that provides the information you need. But it’s often difficult for our writers …
Thunderwood finds more high grade at Gold Hawk
International Thunderwood Explorations has encountered more high grade gold mineralization at its wholly-owned Gold Hawk property in Malartic Twp., 13 miles west of Val d’Or, Que. President John Heslo…
Correction (December 14, 1987)
The Linda 2 Zone, a property in which International Thunderwood can earn 40% of Minnova Inc.’s interest, contains 13 million tons of massive pyritic sulphides averaging 0.3% copper, 0.8% zinc as well …
Free gold observed by Cache d`Or Res.
Free gold has been observed, and some high values obtained, in recent drilling by Cache d’Or Resources at its Dubuisson Twp. property, which adjoins the Kiena Gold Mines property, in northwestern Queb…