News


Letters to the Editor All’s well at Gods Lake

As a sequel to your Nov 17 Odds ‘n’ Sods column by J. H. Morgan, I just returned from Gods Lake, Manitoba and I can report all is well in God’s Country. Thanks to geologists like Morgan, McMurchy and …


Queries Faraday Resources’ link with Hemlo

Faraday Resources recently hit new highs on the TSE. What’s the story? K.D. Montreal, Que. Toronto-based Faraday Resources new-highed on the TSE at $4.10 shortly following the formation of the new pu…


Alberta Stock Exchange Gain for Coxheath

Wednesday close, Dec 10 One of the better advances for the week was made by Coxheath Gold Holdings which churned through almost 500,000 shares to close at $1.25; up 55 cents for the week. The company…


Profit up 44% for Teck Corp

With a profit boost of 44%, Teck Corp. has emerged from the year ending Sept 30 with a net income of $23.3 million or 42 cents per share. However, with extraordinary items net income increases to $24…


Audrey’s milling tests improving from Mobrun bet

Metallurgical testing of a bulk sample from Audrey Resources’ Mobrun property near Rouyn, Que., shows improved results in November compared with October. In October, 27,072 tonnes were milled with 62%…



Platinum refinery Madeleine’s aim

Extensive metallurgical testing is getting under way by Madeleine Mines relating to the treatment of the concentrate to be produced from its large Lac Des Iles deposit of platinum group metals. This w…


United Reef pulls platinum values at Nickel Offsets

Samples taken from the nickel- copper Nickel Offsets property by United Reef Petroleum are yielding platinum group metal (pgm) values as well as gold values. Among the samples taken from the mine dump…


Sudbury Contact plans drilling

A total of 36 reverse circulation drill holes has been completed by Sudbury Contact Mines in the Kirkland-Larder Lake area of Ontario. The program was to locate anomalous gold areas and define targets…


Editorial “Big Bang” hits Bay Street

Nothing, it seems, can safely insulate itself from change these days — not even the snug brokerage fraternity. And we are not referring to the trend to automated trading systems, which uses microcomp…


Reserve figure for Eden Roc’s Asupiri

A consultant has completed a reserve calculation for the Asupiri project controlled by Eden Roc Mineral Corp. Located in the Ivory Coast, Africa, the Asupiri No 1 zone hosts indicated reserves of 1.8 …


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