Royal Oak, Falco cut copper, zinc
A $4-million exploration drive by Falconbridge on Royal Oak Mines’ (TSE) base metal property 20 miles west of Sudbury, Ont., has turned up encouraging mineralization almost two miles away from a known…
1991
Loki ups reserves estimate at Brewery Creek project
The Brewery Creek gold project near Dawson, Yukon, is now reported to contain preliminary reserves in nine shallow deposits totalling about 16.5 million tons (diluted) at an average grade of 0.054 oz….
Lassonde to depict Soviet sojourn
Pierre Lassonde will be the speaker at a luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum, Nov. 21, at Toronto’s Royal York Hotel. With the aid of slides, he will talk abo…
Prospector Larche recovering from Aug. 7 plane crash
Timmins prospector John Larche was in Toronto recently while travelling to Florida to recuperate from an Aug. 7 plane crash near High Level, Alta. Harris Hanson of Kirkland Lake, a close friend and pa…
High grades from Gap zone
Ongoing drilling by Westmin Resources (TSE) is continuing to return high-grade results from the Gap zone discovery area on the Myra Falls mine property near Campbell River, B.C..T The latest hole, 15-…
Soocana split
Shareholders of Soocana Explorations (ASE) approved a 2-for-1-share split, the company says. Soocana is planning a rights offering, subject to regulatory approval, designed to raise finds for an explo…
Industrial minerals focus of conference (November 11, 1991)
If metals create the skeleton of an industrialized society, then non-metallic minerals form the flesh. Commonplace as they seem, industrial minerals enter practically every phase of life. They are the…
Metal prices pull price index down
Falling metal and mineral prices contributed to a decline in the commodity price index of Scotiabank in September of 0.7% from August. The all-items index is at its lowest level since May, 1987. Both …
Montreal Exchange (November 11, 1991)
Maintaining its trading momentum during the week ended Nov. 5 was Societe d’Exploration Miniere Vior, which announced plans to raise up to $500,000 through a private placement. The proceeds will be us…
Claude’s Seabee mine enters tune-up phase
Having brought its high-grade Seabee gold mine in Saskatchewan to the threshold of production, Claude Resources (TSE) expects to announce the first gold pour within the next couple of weeks. Only the …
Noront to drill promising projects
Although finding it difficult to raise money these days, “one way or another” Noront Resources (VSE) is determined to proceed with drilling on three of its better-looking projects, President Richard N…
Kenora band to manage sand, gravel works
The Rat Portage First Nation near Kenora, Ont., recently took over management of its sand and gravel resources after signing a 5-year agreement with the federal government. The Indian band established…