Drilling stepped up at Joe Mann mine
Diamond drilling beyond the current ore reserve outline (910,000 tons, mineable, grading 0.22 oz gold and 0.30% copper per ton) has been stepped up on surface and underground at Meston Lake’s Joe Mann…
1987
Queries Atlantic Mining files for bankruptcy
Please let me know if I can purchase back issues with information about Peddle Lake and/or Atlantic Mining Corp. The latter went bankrupt in March, l987. R. Hreha, Robbinsdale, Minn. Yes, you can. In …
People (July 06, 1987)
Ican Minerals — Guenter Liedtke appointed president succeeding Dieter Peter who has resigned as president and a director. Ralf Kleine has also resigned as vice-president mining and a director.
Delaware moves on exploration
Exploration work is proceeding on schedule at Delaware Resources’ Snip project north of Stewart, B.C. The first of two diamond drills is on site and initial drilling will test anomalies which are loca…
Metal Prices FREE MARKET LLondon Metal Exchange
Spot closing prices in Pound Sterling per tonne Date June 30 June 29 June 26 June 25 June 24 Copper 991-992 988.5-989 992.5-993.5 993-995 968.5-969.5 Lead 389-389.5…
Agnico earnings up smartly gold, silver output climbs
There was good news aplenty at Agnico-Eagle Mines’ annual meeting this year, another jam-packed homecoming affair: * earnings are way up and headed higher * its main gold operation is now in the best …
Mine Lake placement
Mine Lake Minerals says it has completed a private placement of 500,000 units, each unit comprising one flow-through common share and one unit purchase warrant good to purchase a further flow-through …
Vancouver Stock Exchange Weak gold prices affect market
Although trading activity here is still quite respectable, the price volatility seen in recent months has almost disappeared. Weaker gold prices were a major factor in the market retreat but they have…
Noranda, Getty deposit could be Hemlo size
A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…
TVX reaps rich rewards from projects in Brazil
It was incorporated to take advantage of opportunities in Brazil’s burgeoning gold industry and as Consolidated TVX Mining enters its third year of activity, the Toronto-based company is achieving wha…
COATS Trading Features (July 06, 1987)
Card Lake Resources gave up some ground, closing at $1.75. The company is busy drilling a gold property west of the new Holt- McDermott mine being built by American Barrick Resources north of Kirkland…
Dolphin drilling
Exploration has commenced on Dolphin Exploration’s two Newfoundland gold properties. Surface drilling on the Cape Ray project began June 19 and a second rig was scheduled to begin drilling by month-en…