United Siscoe changes name
Changes at United Siscoe Mines have resulted in a corporate reorganization and a name change. United Siscoe, which owns about 25% of American Barrick Resources, is now The Horsham Corporation. Appoint…
News
Augmitto on threshold of Beauchastel decision
After nearly fours years of renewed momentum under new management, Augmitto Explorations is just two months away from a production decision on its wholly- owned Beauchastel Twp. gold property in Rouyn…
Steps toward Magino start taken by McNellen, Muscocho
McNellen Resources and Muscocho Explorations report they will jointly finance and install a test- milling facility at their Magino gold property near Wawa, Ont., at a cost of about $5 million. The mov…
Encouraging results for Can America
Can America Precious Metals says it has completed a first-tier 2,500-ft shallow drill program on the E zone at its Manitou Lakes property in northwestern Ontario. The company says the average depth of…
DeSantis puzzle coming together
Geologists for Delbridge Mines are starting to piece together the geology of the DeSantis property in Turnbull Twp., near Timmins, Ont. The company reports encouraging assays of 0.15 oz and 0.06 oz go…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 13, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. Date July 7 July 6 July 3 July 2 July 1 444.50(444.80) 443.35(443.10) 444.10(443.00) 446.25(447.40) 447.75(445.75) …
Teck deals Leitch mine to San Paulo Explor.
A junior mining company that until now has been playing a rather low-key role, San Paulo Explorations is teaming up with Teck Corp. for a new look at the renowned old Leitch mine in the now-bustling B…
Obituary William Watt Hutchison
William Watt Hutchison, president of the International Union of Geological Sciences and assistant deputy minister for the Geological Survey of Canada, has died in Ottawa of cancer. He was 52. Dr Hutch…
Metal Prices FREE MARKET London Metal Exchange (July 13, 1987)
Spot closing prices in Pound Sterling per tonne Date July 7 July 6 July 3 July 2 July 1 Copper 1040-1042 1052.5-1053.5 1042-1044 1039-1040 1008-1009 Lead 430-431 430-432…
Kerr, Chesbar reach agreement
An option agreement has been entered into between Kerr Addison Mines and Chesbar Resources under which the latter may earn a 50% interest in the 126-claim vic gold property and the nearby 63-claim dic…
Big drill program outlining gold zone Vezza Twp. project
North American Rare Metals and Dundee-Palliser Resources continue to meet with encouragement in the big drilling program under way on their joint venture gold property in Vezza Twp., 25 miles south of…
Silbak splitting into 2 companies
Shareholders of British Silbak Premier Mines recently voted to split the company in two, to create a resource company and a real estate company. Under the reorganization, all non-mining assets of the …