NEWS ROUNDUP — Camnor, La Teko deal gets nod
Regulators have approved a deal for Camnor Resources (CMB-V) to earn a 51% interest in the 3,000-acre Discovery Gulch property of La Teko Resources (LAO-V) in Alaska.For its interest, Camnor must spen…
1998
NEWS ROUNDUP — Junior expands strike of Copper Pond
Prospecting and mapping by Copper Hill (CUHL-C) have extended by 1.5 km the strike length of a massive sulphide zone on its Copper Pond property in Labrador.The 1998 program of geophysical surveys and…
Canadian output of precious, base metals climbs
Canadian production of copper, nickel, lead, gold and silver increased between June 1997 and June 1998. However, output of non-ferrous commodities iron ore and asbestos was down over the same period.T…
LETTER TO THE EDITOR — Geostatistics blameless in mine failures
Your editorial and article implicating geostatistics in recent mine failures has it all wrong (“Challenging geostatistics” and “Recent History reveals trends in mine failures,” T.N.M., Sept. 28-Oct. 4…
Hornby Bay sizes up NWT zinc discovery
Hornby Bay Exploration (HBBY-C) is set to begin preliminary exploration on a recently discovered mineralized sulphide zone in the Hornby Basin of the Northwest Territories.The company intends to condu…
Careers (October 05, 1998)
Socit minire Raglan du Qubec Lte “SMRQ”, dont les oprations se situent la limite nord du territoire qubecois, constitue l’un des projets de mtaux de base les plus importants avior t ral…
TSE suspends Cobatec
The Toronto Stock Exchange has suspended trading in Cobatec (CBT-T) for failure to keep up the exchange’s listing requirements.Cobatec, which had been producing cobalt chemicals at a hydrometallurgica…
Atna, YGC wrap up at Wolf
Atna Resources (ATN-T) and YGC Resources (YGC-V) have completed their 1998 drill program on the Wolf property in southeastern Yukon. Thirty holes totalling 6,625 metres were drilled this past season. …
LME WHSE LEVELS (October 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 29/98 (change from Sept. 22 in brackets):MetalStocks (tonnes)Change…
Rubicon eyes Point Leamington deposit
Two letters-of-intent pave the way for Rubicon Minerals (RMX-V) to acquire the Point Leamington massive sulphide deposit near Grand Falls, Nfld.The deposit hosts an estimated resource of 13.2 million …
DIAMOND PAGE — Archangel to explore in Finland
Archangel Diamond (AAD-V) has signed an agreement with a subsidiary of Popular Resources (PPX-V) to explore for diamonds in southern Finland.The agreement affects 39 claims, or 3,200 acres, near Oulo,…
NEWS ROUNDUP — Electra finances tailings project
Electra Gold (ELT-V) has raised sufficient funds to begin processing tailings at a Newfoundland mill owned by Ming Minerals.The project hinges on a rental agreement with Eastern Meridian Mining (EME-A…