Rea Gold developing adit
An adit is being driven into the L98 massive sulphide lens at Rea Gold Corp.’s concession zone in the Adams Lake area of British Columbia. President Larry Reaugh says the $2-million exploration progra…
News
Cornucopia, Glactic move on Carlin bet
An attempt to speed up exploration at the huge Ivanhoe property in the Carlin gold trend near Elko, Nev., has produced some significant new discoveries, The Northern Miner learned recently. But even t…
Pamour may lose a parent, adopt a mine
It may be too early in the game to call it a battle, but the action appears to be warming up on the shareholder front at Dickenson Mines, where Pamour Inc. has purchased a 9.9% stake. At the same time…
Granges/Windflower plan $3 million work program
A $3-million underground exploration program is planned by Granges Exploration and Windflower Mining on their Goldfinch property near Revelstoke, B.C. Granges President Michael Muzylowski believes the…
Editorial The Loony’s not a lame duck
If you can believe recent press reports, Canadians are reacting with a considerable lack of enthusiasm to the new $1 dollar metal coin, introduced just a few months ago (early July, to be exact). One …
Orofino’s Scadding back in production
Milling operations have resumed at Orofino Resources’ Scadding mill near Sudbury, Ont. The operation was suspended on Oct 14 due to a damaged ball mill. A replacement unit has been installed and tuned…
Louvem earnings (November 30, 1987)
Louvem Mines reports net earnings of $1.1 million on revenues of $7.1 million for the 6-month period ending Sept 30, compared with earnings of $109,000 on revenues of $7.9 million for the same period …
Yukon Min., Perrex discover 40 veins at Ketza silver bet
Forty veins ranging in width from two to 50 ft have been uncovered at the Ketza silver property in the Yukon, joint-venture partners Yukon Minerals and Perrex Resources report. Grades of grab samples …
Board change at Zahavy
The completion of effective control of Zahavy Mines was carried out by Noramco Mining Corp. The old board of Peter George, president, A. J. Lewis, general manager and R. G. Lewis, secretary-treasurer,…
Metal Snips (November 30, 1987)
While a Japanese cosmetics firm reports it has available a synthetic mica, substitution of natural mica in foundation and face powder by the new material does not appear imminent: it costs four times …
Metal Prices PRODUCER PRICES (November 30, 1987)
ALUMINUM: MW U.S. Market 79.50 cents -82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). CA…
Kimex offering
Value of an offering carried out by Kimex Resources recently admitted to trading on the Montreal Exchange (symbol kmx), was $450,000. Kimex, with offices in Rouyn- Noranda, Que., owns three properties…