Skyline drilling to expand reserves
Based on results from an underground drilling program that began last fall, Skyline Gold Corp. (TSE) expects to prepare an updated reserve report at the end of April. The company is operator and 100%-…
Articles by Northern Miner Staff
Low costs offset gold prices for FMC
By continuing to stress efficient operations and low cost production, FMC Gold Company (NYSE) expects to weather the recent downturn in gold prices and maintain its status as one of the most profitabl…
Trio in Carlin (April 10, 1989)
Trio Gold Corp. (ASE) has acquired a 100% interest in 29 claims near Elko Cty, Nev. The claims are within the prolific Carlin trend, a major geological feature hosting several large open pit gold depo…
Canadian Mining Law
The Canadian Institute of Resources Law has recently started a 2-year research project on Canadian Mining Law. The project, co-ordinated by Barry Barton, will result in a one- volume manuscript on min…
Westminer takes another look at N.S. zinc mine
The mill at Gays River, N.S., could become a base metals mill again. Owner Westminer Canada, which currently treats 100 tons of gold ore per day (from the Forest Hill mine) in the Gays River facility,…
Bakra Res. makes Sannorm estimate
Vancouver-based Bakra Resources (VSE) has made an initial reserve estimate for the A zone at its Sannorm gold property near Rice Lake, Man. Bakra is earning a 50% stake in the 1,500-acre property from…
Near-surface zone on Gamsan property
Following a program of deep drilling to test down-dip extensions of a zinc-copper zone on the Brabant Lake property in northern Saskatchewan, Gamsan Resources (ASE) is now investigating a near- surfac…
Loree a winner of CIM award
For the second year in succession, Thom Loree, assistant editor of The Northern Miner Magazine, has emerged as a prize winner in the Canadian Institute of Mining and Metallurgy’s annual awards competi…
Gamsan completes drilling on Brabant Lake property
Edmonton-based Gamsan Resources (ASE) has completed a first phase winter drill program on its polymetallic property near Brabant Lake in northern Saskatchewan. The company conducted more than 12,000 f…
People (April 10, 1989)
URANIUM RESOURCES — Joe H. Card appointed vice-president marketing; Kelly L. Biddle appointed vice-president, plant manager.
IOCC GOLD OPTIONS (April 10, 1989)
Options Open Series Volume Last Interest May 390 C . 1,643 8.20 1,717 May 400 C * 391 4.00 4,230 May 420 C * 529 1.20 2,673 May 440 C * 565 0.60 2,773 Aug 400 C * 323 13.50 1,676…
Record Inco tax
Inco Ltd., which made more money in 1988 than ever before in its history — $735 million(US) — also paid a record amount of taxes in Manitoba. One of the company’s large nickel mining complexes is si…