White-Guyatt set to drill
Satisfied with the results of its phase one exploration program on its Munro Twp. property north of Kirkland Lake, Ont., White-Guyatt Mining says it will proceed with phase two of the program which in…
News
Investment Comment Goldenbell shares could triple: report
Vancouver-based Goldenbell Resources is still awaiting the results of an enviromental study before it can proceed to production at its Pine Tree gold property in Mariposa Cty., Calif. Assuming it is g…
PRODUCER PRICES (October 05, 1987)
ALUMINUM: MW U.S. Market 82.50 cents -85.00 cents per lb. (Sept 24,1987). 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). C…
Obituaries James G. (Jock) MacGregor
One of the top geologists in the world-renowned Thayer Lindsley mine-finding team, Jock MacGregor, has died at the Toronto Western Hospital at the age of 86. A graduate from Harriot Watt University o…
Drilling starts at Monique bet, Monicor reports
An exploration program is under way on the Monique property, located about 26 km east of Val d’Or, Que., which will continue until January, Monicor Exploration reports. Analyses of two drill holes hav…
Santa Maria discovery at Opapimiskan Lake
What it describes as a significant discovery is reported by Santa Maria Resources, on its Zeemel Lake property in the Opapimiskan Lake area of northwestern Ontario. President Gordon Plaskett says in a…
St Genevieve intends to sink shaft on Fourax gold property
A total of $6 million has been set aside by St. Genevieve Resources to sink an exploration shaft and do lateral exploration work on the company’s 12-claim Fourax property in Fourniere twp., near Malar…
Westfield Minerals has 35% interest in Chilean heap leach mine
Toronto-based Westfield Minerals, is expanding its exploration and mining activities to include a 35% interest in a large Chilean heap leach mine. Nearly four months after negotiations were first anno…
FUTURES PRICES (October 05, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct. — — 81.40 — Dec. 81.50 80.90 81.15 + 0.95 Mar. 80.00 …
Fury Explorations starts leaching
Leaching operations have commenced at Fury Explorations’ Grantsville project near Gabbs, Nev. This particular project is silver — not gold — and the company expects to produce approximately 165,000 …
Important discovery for Lac on Doyon
What is termed “an important discovery” by Lac Minerals’ Peter Allen, yet another new gold zone has been identified on the prolific Doyon property in northwestern Quebec it holds jointly with Cambior …
Montreal Exchange Louvem makes deal
What got off to a promising start ended on a down note, with both the market portfolio and the mining and minerals index of the Montreal Exchange showing negative numbers during the latter part of the…