Parklane plans bulk sampling
Encouraged by initial drill results, Calgary-based Parklane Technologies plans a bulk sampling test at its Hillsborough gold prospect near Beardmore in northern Ontario. Parklane has an option to earn…
News
Considerable jump in 1987 earnings for Noranda Inc.
An excellent fourth quarter helped Noranda Inc. boost its 1987 earnings almost eight times compared with the previous year. The metals giant reported earnings for 1987 of $343.5 million ($2.14 per sha…
Euro-Nevada to sell Hasbrouck property
With a first-quarter cash position of $8.4 million, Euro-Nevada Mining of Toronto considers itself well financed to seek royalty acquisitions in the Carlin gold belt near Elko, Nev. Incorporated last …
Third zone possible: Mazarin, Dufresnoy
Two new mineralized zones have been discovered and the potential exists for a third gold showing at the Union Mining-New Bidlamaque gold property at Val d’Or, Que., Mazarin Inc. reports. Mazarin, whic…
Pickens’ Homestake offer not serious, analyst says
Having whetted his appetite for gold during unsuccessful bid for control of Newmont Mining Co., Texas oilman T. Boone Pickens is back in the hunt for another major gold producer. The target this time …
Exploration activity has businesses in Red Lake booming
Mineral exploration has been a boon to the Red Lake, Ont., district during the past year. In fact, the sum total of employment generated by those looking for mines rivals that of the Campbell Red Lake…
X-Cal doubles strike
Drilling by X-Cal Resources on the company’s Snowbird gold property near Fort St. James, B.C., has doubled the strike length of the main gold mineralized zone to more than 4,000 ft. The additional str…
The ongoing saga of the huge – and hapless – Ok Tedi mine
The mineral specimens were magnificent — massive magnetite- chalcopyrite, boulder-sized. The geologists had just brought them in from the field, 2000 miles by foot, helicopter and ‘plane. It was late…
Success at Nickel Plate and Hedley revives skarn interest (March 07, 1988)
Skarn-type deposits have been minor but steady producers of gold throughout history. More than one million kilograms of gold have been produced from 50 skarn deposits worldwide. This represents only t…
June decision a possibility at Lenora’s Golden Harker bet
The Golden Harker gold property located north of here has Lenora Explorations excited, so much so that President Robert Kasner is hoping to make a production decision by June of this year, The Norther…
Letters to the Editor Busy at Red Lake
As a long-time resident of Red Lake, I saw large scale exploration carried out in 1945-49 when over 100 properties were being worked, with two prolific gold mines found — Campbell and Dickenson. Thes…
Some exploration projects in 1987-88 in Red Lake
The following is a list of exploration in the Red Lake area over the past year and projected activities for 1988. Re-exploring known sites Much of the exploration activity in 1987 was dedicated to …