Rambler joint venture drilling Baie Verte bet
Early results from a 65,000-ft drilling program currently under way on the Rambler properties near Baie Verte, Nfld. have returned moderate gold values. The drilling program, designed to test gold and…
1988
Noranda Resumes Drilling of Pacquet Project
A renewed program of diamond drilling is under way on the Pacquet project in the Baie Verte Peninsula of Newfoundland. The project is a 50/50 joint venture between Noranda Exploration and Prime Capita…
Huntington results return low values
Another eight drill holes have been released by Huntington Resources (VSE) for its Brett property near Vernon, B.C. Two out of eight holes returned no significant assays and values in the remaining …
INSIDER TRADES (November 21, 1988)
Beaufield — J. Murdoch sold 25,000 (Sept) to hold 350,000. Dejour — NIM & Co 1988 bought 1,564,455 (July) to hold 1,564,455. Dumagami — Mentor bought 107,100 (June- Sept) to hold 319,300. Echo Bay …
Nickel showing in virgin area spurs staking
A recently discovered nickel- copper showing about 70 miles northwest of Chicoutimi, Que., has sparked a staking rush in the past four weeks. The showing is on the northeast corner of a large anorthos…
Toronto Stock Exchange Dull trading takes its toll on composite
A bout of dull trading hammered the market today, clipping 35.13 pts of the index which closed at 3,209.82 pts. For the week, the index is off more than 50 pts. U.S. dollar woes, free trade concerns a…
High grade sulphides found at Stratabound’s CNE bet
Drilling will begin soon to establish the continuity and grade potential of a high grade zinc-lead-silver discovery reported by Stratabound Minerals (ASE) at its CNE property near Bathurst, N.B. Massi…
Increased uses for graphite
It is not a new industrial mineral by any means, and the market is relatively small. So why does it seem graphite, a naturally occurring crystalline form of carbon, is drawing more interest these days…
Graphite drawing an exploration crowd (November 21, 1988)
Yet another Canadian mining company has entered the search for graphite. Quebec-based junior Mazarin Inc. (TSE) plans to spend almost $1.1 million between now and next May exploring for graphite, as w…
Encouraging results from Kennedy River
The first three holes of a $1 million exploration program by International Coast Minerals (VSE) on its Kennedy River properties on Vancouver Island, B.C., have all intersected gold mineralization. The…
Mispec Res. on ME
Recently listed for trading on the Montreal Exchange was Mispec Resources (symbol MPE) of Saint John, N.B. Mispec, incorporated in 1986, owns mining rights to three New Brunswick properties: in the Ca…
Claude awaits project study
A prefeasibility study is expected within weeks for Claude Resources’ (TSE) Seabee gold property in Saskatchewan. Being prepared by A.C.A. Howe International, a mining consulting group, the study will…