Cross Lake hits more sulphides at Sheraton
Four more drill holes on the Sheraton Twp. property of Cross Lake Minerals (CRN-V) have intersected copper and zinc mineralization.Drilling on the property, 40 km east of Timmins, Ont., has recently c…
1998
TORONTO STOCK EXCHANGE INDICES (March 30, 1998)
1998Mar.24Mar.23Mar.20Mar.19Mar.18HighLowComposit…
METAL PRICES – Daily Metal Prices (March 30, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 24Mar. 23Mar. 20Mar. 19Mar…
Regal loses Barren challenge
Management of Regal Goldfields (REGL-C) is considering its options after the Supreme Court of Nova Scotia ruled that the province’s natural resources ministry acted lawfully when it restricted explora…
Tulsequah Chief gets green light
Redfern Resources (RFR-T) has been given the go-ahead to reopen the Tulsequah Chief mine in northwestern B.C.The government of British Columbia officially approved the mine proposal on March 20 in Vic…
FACTS ‘N’ FIGURES — Use of photographic silver rises
The use of silver by the photographic industry increased nearly 3% to 232.7 million oz. worldwide in 1997.The increased use of silver by the industry in 1997 evolved primarily from increased demand fo…
Geophysics adds potential to Potter project
An ongoing geophysical program at the Potter base metal property in Munro Twp., 80 km east of Timmins, Ont., has provided numerous drill targets for owner Millstream Mines (MLSM-C).Induced polarizatio…
DIAMOND PAGE — Messina boosts grade of Star mine — New fissure found at Messina mine project
Messina Diamond (MSC.U-T) has found an extension to a high-grade portion of its Star mine, situated 50 km south of Welkom, South Africa.Sampling of 674 tonnes of material taken from the vicinity of th…
New dating technique may revise geologic scale — Age test developed by U of T researchers expected to have practical applications
A new technique used to determine the age of sedimentary rocks could refine the geological time scale and provide new insight into global sea-level variations, according to a recent study.A team of re…
NEW HORIZONS — America’s ex-smokers
Deep in the dark privacy of the ocean floor, a group of smokers puff away proudly; what they exhale is a far cry from second-hand smoke.”Black smokers,” or massive chimney-like structures that vent ho…
PRODUCER AND DEALER PRICES (March 30, 1998)
Aluminium: LME settlements US$1,432, alloy US$1,275 per tonne (Mar. 24/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 24/98).Bismuth: Representative mid-market US$4.05 per lb. (Mar. …
Noble Peak set to search for South African gems
Junior Noble Peak Resources (NPK-A) is preparing to start a program of infill drilling and bulk sampling in early April on a set of South African properties optioned from Mountain Lake Resources (MOA-…