Cominco plans drilling for Arizona bet
An exploration program operated by Cominco American Resources has begun on the Bullard claims in Yavapai Cty., Ariz. According to Cominco American, a subsidiary of Cominco Ltd. (TSE), the gold prospec…
News
Letter to the Editor McFinley president has shareholders’ interest
Your article on McFinley Red Lake Mines (N.M., Feb 20/89) is very unfair to W.W. Cummins. The article did not present all the facts. I can say without hesitation that Mr. Cummins, as president has gui…
Dejour/Noble net low gold recoveries
Initial metallurgical testing on drill core from the Turquetil gold property in the Northwest Territories, has yielded low gold recoveries, partners Dejour Mines (TSE) and Noble Peak Resources (ASE) s…
DRX adds MicroMin Res. to expanding portfolio
New York-based holding company DRX Inc. has added Micronesian Mineral Resources (VSE) to its expanding portfolio of gold assets. At a Feb 24 meeting in Vancouver, shareholders of MicroMin gave their a…
Editorial The flow-through lever
From all accounts, Jake Epp is a well respected member of the federal cabinet, but if his appearance at the Prospectors and Developers convention in Toronto recently was any indication, his tenure as …
Granges, Mid-North
A drill program operated by Granges Exploration (TSE) has intersected encouraging gold values from the Gurney project, east of Flin Flon, Man. The project is held in joint venture with Mid- North Reso…
Earnings Reports (March 13, 1989)
Horizon Gold Shares (NASDAQ) reports a net loss of $195,358(US) or 1 cents per share for the three months ended Dec 31. For the nine months ending the same date net income was $1.03 million or 6 cents…
Newmont exploring Miramar’s Nevada gold properties
Exploration and development work under the direction of Newmont Exploration is continuing through the winter season on the Paymaster properties in Nevada, a bulk tonnage disseminated gold project. Ear…
Doron completes drill program on Yukon gold project
After completing an initial drill program on its 100%-owned Caribou Creek gold property, Doron Explorations (VSE) says it has outlined a mineral horizon over a strike length of 500 ft that is still op…
Platinova, partners plan to dredge for aggregate in Lake Ontario
Toronto-based junior Platinova Resources (TSE) is planning to dredge Lake Ontario for fine aggregate for sale to the concrete industry. Using Scandinavian dredging technology, Platinova and its partne…
Thunderwood’s Gold Hawk yields high grade gold
While still in the early stages of underground exploration at its Gold Hawk property near Val d’Or Que., International Thunderwood Explorations (TSE) says it is already getting some encouraging result…
Diana Res. begins drill program
Diana Resources (VSE) says a 7,000-ft drill program will begin shortly on its 82 claim Obatogamau gold property in the Chibougamau area of Quebec. Two surface gold showings will be tested, together wi…