Audrey raises funds
Audrey Resources has arranged financing totalling $8 million which will be used to fund exploration of the company’s Mobrun property in Quebec. Work will include additional underground evaluation, exp…
News
Editorial Who says engineers are illiterate?
Readers will have noticed by now that our popular “Odds ‘n’ Sods” column has moved — we expect more or less permanently — to the editorial page, where it enjoys a prominence we hope it deserves. We …
Granges now seeking new PGM acquisition
With production expected from at least three mines in 1987 and a huge working capital of $40 million available, Granges Exploration is looking for at least one other precious metals acquisition. Accor…
Report from Australia Fundamentals support boom
Gold and platinum group minerals have been the two commodities to excite both mining company management and stock market followers over the past six months. Unlike some earlier booms, the market enthu…
Augmitto extends the Patrick on Beaauchastel property ld
Extensions to depth of mineralized gold showings on the Patrick zone have been identified by recent drilling on the Beauchastel Twp. property near Rouyn, Que., by Augmitto Explorations. The drilling i…
New silver producer likely at Cobalt 5 million spent to date
(Staff) — “A nice little mine with big potential” is the way Mine Manager Richard LaPrairie currently sees what is known here as the Hellens Eplett operation — a joint venture of Silverside Resource…
Teck-Corona Hemlo mine showing its potential
Mill throughput at the Teck-Corona mine at Hemlo reached 924 tonnes per day in Teck Corp.’s first quarter, shareholders were told at the annual meeting. This compares with a 556-ton average for the ye…
Northern Minerals resumes drilling near Matagami Lake
Northern Mineral Explorations has started a second phase of drilling on its gold property in northwestern Quebec’s Matagami Lake area. Two drill rigs are on the Isle- Dieu Twp. property now, says Pres…
Sharpe options its claims to Stratmin
Sharpe Energy & Resources has entered into an agreement with Stratmin Resources. Under the terms of the deal, Stratmin will spend $175,000 on Sharpe’s 47 claims in Aloigny Twp., Que., in order to earn…
Gunsteel looks to restart nugget gold production
Gunsteel Resources — says the underground exploration program at its Nugget gold property near Salmo, B.C., is progressing with very positive results. The present work is being concentrated in the ar…
Letters to the Editor Animals in mines?
A recent lunch time conversation turned to the use of horses, mules and donkeys in underground mining. The Wabana mine in Newfoundland certainly used animals underground, and I personally observed hor…
Glitter Gold to bulk test Rea Gold’s Discovery zone/ LDql/
Bulk sampling, metallurgical and milling tests are slated for Rea Gold Corp’s Discovery zone in the Adam’s Lake area of B.C. Under an agreement with Rea, Vancouver-listed Glitter Gold Mines has been g…