Pioneer Metals Corp. and Maverick Mountain Resources have
the name Pioneer Metals Corp. Shareholders will receive share-for-share for Pioneer and l new share for each 2.4 Maverick shares.
News
Copper’s down but due to rise
Copper producers are still struggling through a protracted period of low prices, the lowest since mid-1984. As the traditionally quiet summer comes to a close, many are looking for better things ahead…
Western Quebec Mines Inc. says drill-indicated reserves now are
at 540,000 tonnes with an average grade of 5.8 g per tonne. The new estimate includes results of the recently completed drill program on the Joubi j oint venture property in Dubuisson Twp.
NO HEADLINE (October 13, 1986)
TEXT:…
La Pause assays
La Pause Resources says economic assays have been encountered on its Adanac property in northwestern Quebec. The property brings together several claim blocks into one property of 51 claims lying betw…
Citadel Gold Mines starts exploration
Exploration work is scheduled to start immediately on Citadel Gold Mines, Wawa, Ont., gold property, reports vice-president W. Bernard MacIsaac. The program will include the dewatering of the undergro…
MRI/Naniusivik/CDC reach agreement
Nanisivik Mines and Mineral Resources International and Canada Development Corp. (CDC) have reached an agreement, reports Mineral Resources President J. C. Lamacraft. A wholly-owned subsidiary of CDC …
Campbell Red Lake top all-round mine
Not many gold mines in this country have turned out over $1 billion from 10 million tons of ore. And with a long, long life still ahead of it, there is an excellent chance that Campbell Red Lake Mines…
Correction (October 06, 1986)
The Centre for Mineral and Energy Technology (canmet) did not help develop cyanide recycling technology being marketed by Cy-tech Inc. of Mississauga, Ont. as was stated in a story last week. The tech…
Editorial: Some Sanctions]
There has been a lot of tough talk emanating out of Ottawa lately (Messrs Mulroney and Clark) directed at South Africa, threatening the imposition of sanctions against that country designed to cripple…
Highwood/Hecla project could be producing in ’87
A deal between Hecla Mining Co. and Highwood Resources could lead to construction of a specialty metals mine as early as next year, Highwood President D. G. Thomas says. The deal, which was signed in …
Editorial: Potash producers reel
The mining industry in this country, heavily dependent on export mar kets, is unquestionably hurting, though hardly as sorely as is the oil and gas sector. Root of the malaise is the fierce foreign co…