Dawson, Pacific reach agreement on silver bet
A $2.1-million joint-venture agreement has been signed between Dawson Eldorado Mines and Pacific Trans-Ocean Resources whereby Pacific may earn up to a 50% interest in the Plata-Inca silver project in…
News
Good grade is the key for new nickel mine
Canada’s newest nickel mine, in northern Manitoba, will be the first brand-new underground nickel mine in the country for close to a decade — and the third for Manitoba in the past 26 years. In an up…
Toronto Stock Exchange Metals play part in pushing market to new
Base metals are back, and no better sign of investor confidence in these issues could be found than the trading activity exhibited this week on the tse by four mining companies heavily involved in the…
Multinational at Toodoggone
Exploration work is under way at Multinational Resources’ Toodoggone area property north of Smithers, B.C. The first-phase program will include more than 5,000 ft of diamond drilling in the B zone to …
Worvest drill hole results a boost for Lenora, Barrick
Encouraging drilling results from Lenora Explorations and American Barrick Resources’ Worvest option in Kirkland Lake, Ont., offers more proof of a new ore shoot in the area. Located within mining dis…
Letters to the Editor Media response needed
I enjoyed your June 22 editorial, Mining has a story to tell, perhaps because I wrote the words, but certainly because I believe in the message. So will any observer of the power of public opinion pol…
Old mine workings being investigated
An underground exploration program has been started on Canadian Gold Resources’ Kirkroyal property in Lebel Twp., near Kirkland Lake, Ont., the company reports. The program is being financed by Colray…
Stainless steel production boosts demand for nickel
Demand for nickel is running higher, buoyed by record production of stainless steel by many major producing nations, Shearson Lehman Securities (formerly L Messel & Co. reports in a recent weekly publ…
Three companies start program at B.C. gold bet
A major work program is under way at the Richfield gold property 25 miles north of Houston, B.C. Mountain West Resources, Sirius Resource Corp. and Esso Resources Canada are involved in the joint vent…
Sands seeks producer in southeastern Ont
Mechanical stripping and rock sampling is under way on the Ore Chimney mine property, located eight miles north of Kaladar, Ont. The program, financed by Sands Minerals Corp. of Toronto, is being done…
Editorial Biting at the base metals
At long last investors and speculators alike are once again turning their attention to the highly cyclical base metals stocks, triggered by improving prices for these commodities in international mark…
Westar gets okay for Falcon bet
Westar Mining has been given Stage 1 approval-in-principle for the proposed Falcon development at its Greenhills coal project in B.C.’s Elk Valley. The announcement was made jointly by Energy, Mines a…