Capt. Consolidated to drill Mishibishu
Initial surface exploration results have been received by partners Captain Consolidated Resources and Koala Resources from their Mishibishu Lake gold project. Located west of Wawa, Ont., the property …
News
Montreal Exchange: Wrightbar climbs 13%
Wednesday close, Oct 29 Drilling results from its Bourlamaque property pushed Wrightbar Mines up 20 cents on the week as it traded 189,000 shares and closed at $1.70. The results came from holes pu…
Underground for Tandem at Moss Twp. gold project
Plans are being formulated for an underground test of the Tandem Resources-Storimin Exploration joint venture project in Moss Twp., 70 miles west of Thunder Bay in northwestern Ontario. Representative…
Adit progressing on Skyline B.C. bet
The crosscut adit is continuing south through the Cloutier zone and has proceeded a total length of 740 ft from the portal on Skyline Explorations’ 100%-owned Reg claim group in the Iskut River area o…
Sherritt Gordon’s bottom line hurt by fertilizer division
A major reduction in earnings in fertilizer operations was the prime reason behind the 81% profit drop posted by Sherritt Gordon Mines at the recent 9-month mark. Net earnings of $1.688 million (7 cen…
Kidd Creek, ferronickel aid Falconbridge profit
After two quarters of losses, Falconbridge Ltd. reports earnings, before extraordinary items, of $5.6 million, or 9 cents a share for the three months ended Sept 30. The figure compares with earnings…
Beaufield options property gets flow through financing
Beaufield Resources, has entered into an agreement with Kidd Creek Mines, an affiliate of Falconbridge Inc., giving the company the right to earn a 49% interest in Kidd Creek’s Lac Barry area properti…
St. George acquires Nevada gold prospect
St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…
Steel markets shifting East
By the year 2000, four of the world’s 10 largest steel markets will be outside the OECD compared to seven out of 10 in 1973, according to a long-term steel forecast put out by Chase Econometrics, a su…
Rio Tinto Zinc subsidiary options Brazilian platinum bet from TVX
RTZ Minerals, a wholly owned subsidiary of the traditionally conservative Rio Tino Zinc PLC of London, has signed an option agreement with CNM of Brazil to earn a 40% interest in a platinum/ paladium …
Dolly Varden to drill Kitsault bet
A 20,000-ft diamond drill program is planned for the Kitsault River property of Dolly Varden Minerals to test a recently outlined north-west-trending gold zone. An exploration program recently complet…
Ore reserve course
Ecole Polytechnique of Montreal is presenting a 5-day course on Geostatistical Ore Reserve Estimation from March 16 to 20, 1987. The instructor is Dr Michel David. The course is meant for geologists, …