CROSS-CUTS Homage paid to past prospectors
When the city of Timmins held its 75th birthday party the first three days in August, the weather was perfect — except for the day the Porcupine branch of the Prospectors and Developers Association h…
News
Chibougamau bustle
Eighty-three years ago, Joseph Obalski steered his canoe into a hitherto little-explored mineralized region in the northwestern part of the province. As Quebec’s inspector of mines, he had examined th…
LETTERS Unmentioned
Patrick Whiteway’s article entitled “Artificial Operators,” in the July issue, was very interesting and informative. The quality of the article was unfortunately marred, in our view, by the way you ha…
Toronto Stock Exchange Improved gold price marks uneventful week
A nervous wind is blowing across the floors of the major exchanges these days. Despite dire warnings by bearish sentiments that the five- year old bull is on its last knees, the market continues to sh…
Noranda clicks at Tally Pond
Drilling at the Tally Pond-Duck Pond project in central Newfoundland continues to intersect encouraging base and precious metals values, Noranda Exploration reports. The property, located about 142 km…
Chesbar reports vein intersection at Yukon project
Recent drilling on the Yukon gold project intersected a strong quartz vein over a width of 5.3 ft grading 0.43 oz gold per ton, Chesbar Resources President J.T. Flanagan reports. The project involves …
Northfield Group busy in Larder Lake camp.
The first underground raising has begun on the Cheminis project near Larder Lake, Ont., partners Golden Shield Resources and the Northfield Group say. The Northfield Group, which holds a 45% stake in…
Eureka review funding alternatives
A number of funding alternatives are being reviewed by Eureka Resources to complete a previously scheduled work program on its Frasergold property 60 miles east of Williams Lake, B.C. Jack O’Neill, pr…
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…