Campbell gives up Meston joint venture
Campbell Resources says it will not proceed with a joint venture proposal with Meston Lake Resources under which a subsidiary of Campbell would have spent $7.5 million to earn a 50% interest in the J…
News
CIMM symposium
The Canadian Institute of Mining and Metallurgy will hold its 4th mineral economics symposium in Vancouver Nov 11-13 with the theme Managing for Strategic Advantage. The symposium will draw on the exp…
Mastt Resources of Quesnel, B.C., says it has entered into an
subject to regulatory approval, with a drilling contractor to conduct a drilling program on its mineral claims in the Cariboo district with a total drilling footage in excess of 1,500 m. In addition t…
Jamie Frontier to ship ore to custom mill in early ’87
Shipment of a 6,000-ton bulk sample from the Pipestone Bay property to a custom mill is expected to take place in the first quarter of 1987, Jamie Frontier Resources says. Located near Red Lake, Ont.,…
Summit Ventures Inc. has changed its name to Sumac Ventures Inc.
share-for-share basis.
Mine share trading up again on Toronto Stock Exchange
Trading in mining shares on The Toronto Stock Exchange has taken huge leaps this past September both in terms of dollar value and volume of shares traded. Dollar value traded in mining shares increase…
Golden Rule/Manson results from Mets
More drill intersections have been released by partners Manson Creek Resources and Golden Rule Resources from their Toodoggone area gold project in northern B.C. Hole M-9 drilled on the Mets claims, c…
Gibralter reduces its mine workforce
The continuing low price of copper coupled with the current lower production has necessitated a reduction in Gibraltar Mines’ workforce to 320 employees, says President A. J. Petrina. About 35 hourly …
Newjay planning drill program
Newjay Resources says in the 1987 season it plans a phase-two drill program totalling about 3,000 ft on its “Master Ace” precious metals project near Hope, B.C. The drilling will test two zones identi…
Drilling on Silver Princess’ Sulphurets gold bet
Drilling on the Silver Princess Resources’ Doc claim group on the South Unuk River in the Sulphurets belt near Stewart, B.C., has confirmed a very strong structure over a strike length of 1,200 ft an…
Agnico-Eagle Mines will offer by secondary distribution through
Stock Exchange up to 350,000 common shares of Dumagami Mines. Agnico owns 29% of the outstanding common shares of Dumagami and through its 42% ownership of Mentor Exploration and Development indirectl…
Glen Auden Res. reaches agreement on Hurtubise Twp.
Glen Auden Resources and the Turgeon Staking Syndicate have entered into agreements with New Kelore Mines and Conscot Resources regarding two properties in Hurtubise Twp., Ont. Under the terms of the …