Kenora Gold buys granite property
Kenora Gold Occurrences (ASE) has optioned a granite property, 50 km north of Kenora, Ont. The deposit is massive, well jointed and easily quarried, with good road access. The granite is described as …
1988
Obituaries John J. Crowhurst
John J. Crowhurst, one of Canada’s best known mining engineers died Aug 13 at the Delta Hospital in Ladner, B.C. at the age of 69. “Jack” was educated in Vancouver, graduating from the University of B…
Greenstone drilling for Sullivan geology at McNeil
A drill program is under way on the McNeil property held equally by Greenstone Resources (TSE) and Dragoon Resources (VSE). Located in the Kootenay area of the province, the McNeil property has geolog…
Fairfield Expands Exploration Projects
Two new precious metal prospects were acquired in the Okanagan region of British Columbia by Fairfield Minerals (VSE). The company also has several properties in the area under option to Placer Dome (…
Kingswood bullish on Devon results
Toronto-based Kingswood Explorations (ASE) says it is planning to begin drilling Coulson Resources’ (ASE) Devon mine property east of Timmins, Ont. following a takeover bid for Coulson. Pending shareh…
Battle over Frasergold Continues
The battle for control of the Frasergold project west of Williams Lake, B.C. appears to be far from over. Two Vancouver-based juniors, Southlands Mining Corp. (VSE) and Eureka Resources, (VSE) have lo…
Spot prices at a glance (October 10, 1988)
Week’s Price (US) Change Gold (per oz) $397.25 $ 0.40 Silver (per oz) $ 6.22 + $ 0.04 Platinum (per oz) $507.00 + $12.00 Copper (per lb) $ 1.19 + $ 0.05 Lead (per lb) $ 0.30 +…
Greenstone/Dragoon take up search for base metals in B.C.
For decades now, companies have drilled holes, often to great depths, into the Aldridge formation near Cranbrook, B.C., in the search for a major massive sulphide deposit. The most recent effort was u…
Cassiar purchase of Similkameen increases sales and profitability
Depending on whom you talk to, it was either the deal of the year or the steal of the year, although the facts would seem to support the latter. In any event, the purchase by Cassiar Mining Corp. (TS…
Commodity index falls despite strong metals
A slight pickup in metals and minerals helped to keep Scotiabank’s all-commodity price index from falling by more than 2% in August, the bank reports. Higher prices for aluminum, potash and sulphur du…
Trade Commission of Chile
The Trade Commission of Chile recently announced that a delegation of mining executives and the President of the National Mining Guild of Chile (Sociedad Nacional de Mineria A.G.) will be in Toronto f…
Hemlo Gold makes $10 Million loan to Viceroy
The Castle Mountain property owned 100% by Viceroy Resource Corp. (TSE) is another step closer to becoming a new heap leach gold producer in California. A joint venture and credit agreement on the pro…