News

La Fosse Platinum going underground at Blue Lake

A $2-million underground exploration program has been started by La Fosse Platinum Group on the company’s Blue Lake sulphide deposit north of Schefferville, Que. The program will include the driving o…


Metal Prices PRODUCER PRICES (September 28, 1987)

ALUMINUM: MW U.S. Market 80.50 cents -83.50 cents per lb. (Sept 17,1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). CA…


Rogi-Aur Res. intersect gold at Val d’Or bet

Ore grade gold mineralization has been intersected in three of five holes drilled to date on the Annamaque-Faraday property at Val d’Or, Que., Rogi Exploration reports. Rogi is involved in a joint ven…


Depleted gold reserves by Blackdome

Exploration work at the Blackdome Mining gold project north of Vancouver has replaced reserves depleted by mining. The latest reserve figure incorporates about one-half of a 27,000-ft drill program sc…




Omni active exploring major Yukon gold find

The most significant gold discovery in the Yukon’s Wheaton River Valley in many years has been made by Vancouver-based Omni Resources. The importance of the find has been known for at least a year bec…


REPORT FROM CALGARY La Ronge – golden game farm?

The year 1987 has been good to prairie province companies which explore for gold in this part of the Precambrian Shield that stretches from Hudson Bay to Great Bear Lake. Commanding a lot of attention…


Adams to drill

Drilling is set to start on the precious metal massive sulphide prospect of Adams Exploration northeast of Kamloops, B.C., the company reports. Adams says current work on the property has outlined a 1…


Ansil to share in mine earnings

A Toronto-based mining company figures to share in the profits when Minnova Inc.’s rich Ansil copper mine in northwestern Quebec goes into production (N.M., Sept 14/87) at the end of 1988 or beginning…


Belmoral completes exchange of units

The exchange of previously issued units into 4.3 million common shares and 4.3 million common share purchase warrants has been completed, Belmoral Mines reports. The units were purchased July 15 by Mc…


Thor Gold options B.C. mineral claims

An option to acquire a 50% interest in five mineral claims in the Similkameen division of the Yale district, B.C. has been acquired by Thor Gold Corp., from Highland Valley Resources To exercise the o…


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