News


Promising Big Z core samples contained little gold

The main events in the discovery and staking of what was known as the Big Z that led to the hectic Blind River uranium boom of the 1950s have been well documented. But there were some others that both…


Correction (March 06, 1989)

Claims held by Cline Development Corp. (VSE) and Transgold Resources (COATS) also include a property which was at one time held under option by Esso Minerals. Work by Esso defined reserves of 72,000 t…




Better base memtal prices fail to spark exploration

It is nearly 10 months now since Teck Corp. (TSE) President Norman Keevil, based on federal government studies, informed the mining industry that a major crisis may be looming in the base metals secto…


FINANCING (March 06, 1989)

VANCOUVER Hisway Res Corp — 600,000 offered @ 45 cents per sh. Kosa Res Ltd — gross proceeds rec $234,500. Shiva Ventures Inc. — gross proceeds rec $144,000. MacDougall Devel Corp — gross proceed…


Hall of Fame recognizes mining’s unique characters

Mining attracts colorful and flamboyant characters of all types because its more than just a business, not just a 9 to 5 job — it’s a way of life that can consume all your waking time and more. In th…


Latest Calpine holes includes best grade yet

Three more holes have been reported by Calpine Resources (VSE) from its Eskay Creek project in northern British Columbia, one of which was the highest over-all grade to date. Consolidated Stikine Silv…


Suntac resumes drill at Polaris Taku

A second phase program consisting of surface drilling and further underground rehabilitation operated by Suntac Minerals Corp. (VSE) is about to begin on the Polaris Taku property in the Tulsequah Riv…



Mineral output up in New Brunswick

New Brunswick experienced a marked increase in the value of minerals produced in 1988 over 1987 values. Natural Resources and Energy Minister Morris Green has released preliminary figures which show t…


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