News


PEOPLE COLONY PACIFIC EXPLORATIONS

Walter Segsworth, Bruce McKnight and Harlan Meade have been appointed to the board of directors succeeding Richard Ostrosser, Donald Webster and Arthur Soregaroli who resigned.



PEOPLE AKIKO-LORI

Michael Levinson, Akiko Levinson, Hiroshi Ogata, Alphonse Schmit and Albert Raponi elected to the board of directors; J.P. Sorbera appointed vice- president in charge of mineral exploration.


BRIEFS

In Nanaimo, B.C., 14 teams from mines in the province participated in rescue and first aid contests. Among the winners were Highland Valley Copper (provincial open pit champions); Cominco Sullivan min…


Goldpost claims

Eight claims, 320.5 acres in size, in the east-central part of Hislop Twp. in northeastern Ontario, have been sold by Holcorp Gold Mines to Goldpost Resources (TSE) for $60,000. The claims are adjacen…



EDITORIAL Interest rates must come down quickly

The time is right for Bank of Canada Governor John Crow to ease up on interest rates. Fighting inflation may have been sufficient reason to jack up rates during the past two years. Today, the threat o…


Adrian starts drill program

A diamond drill program is under way on the Ski project held by Adrian Resources (VSE) in the Eskay Creek district of northwestern British Columbia. The program is designed to test the extension of th…




Anglo stops first hole short of targeted zone

Anglo Canadian Mining (TSE) has had to abandon its first hole short of the intended target at the MWF gold property in Matheson Twp., Ont. Anglo hit a badly fractured zone at depth which threw off the…


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