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…
News
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…
Ateba uncovers new showing south of Orion at Beardmore
Further encouragement that Ateba Mines has made a significant new gold discovery in McComber Twp. east of Beardmore, Ont., has been reported by General Manager Stephen Wilkinson. Samples have been tak…
Calcium producer stocks equal to one-year demand
Producer stocks of calcium metal in 1987 were apparently equal to one year’s world demand or just under 2,000 tonnes, according to Roskill Information Services, a U.K.-based company specializing in mi…
Golden Star and Giant to explore Guyana bets
Joint venture partners Giant Resources of Australia and Edmonton-based Golden Star Resources say they will spend $2 million to continue exploration on three Guyana gold properties. Previous exploratio…