News

Microcomputer course planned for geologists

Gordian Computer Solutions will be offering a series of microcompute r courses for geologists this fall. Developed by geologists, the courses will introduce the students to an introductory microcomput…


Weak prices put Cantung in red at 6-month mark

Depressed tungsten prices continue to hound Canada Tungsten Mining C orp. which reports a net loss of $5.6 million, or 75 cents per share at this year’s half way mark. This compares to a net loss of …


OGS Open House

The Ontario Geological Survey will hold its 9th annual geoscience research seminar and open house Dec. 3 and 4, in the Macdonald Block, Queen’s Park, Toronto. The program will include papers and displ…


Editorial Strikes threaten B.C. economy

British Columbia has a history of labor unrest which, to a large extent, disappeared during the recent recession. Mass layoffs in forestry and mining because of low commodity prices appeared to hit ho…


Eider drilling on Lac Rose be

Eider Resources is starting a diamond drill program on its Lac Rose property in northwestern Quebec to test a geochemical target and evaluate the average grade of the known veins. Geologist Michel Roy…


Alberta Stock Exchange Trading picks up

Trading was back to about normal this week in Calgary, with 5,549,500 shares traded, almost double the previous week’s slow market. The most active issue was Sweany Gold Corp., trading close to 760,00…


Correction (September 15, 1986)

A story last week on Grandview Resources incorrectly stated that of the company’s reserves of 16 million tons averaging 0.046 oz gold, “about one-third of that is quite low grade and when eliminated w…


Comstate still busy on Timmins area bets

Comstate Resources says it expects results this month from overburden drilling by Noranda Exploration on Comstate’s Mountjoy south property, and diamond drilling by Falconbridge Ltd., on its Thorneloe…



Impressive zinc values claimed by Fairfield

Zinc has been described as the gold of the base metals sector — albeit in relative terms. That is probably one reason why Fairfield Minerals is bullish on its Logan zinc-silver project 65 miles north…


Flanagan McAdam now underground at Mishibishu Lake

Underground work has started at Flanagan McAdam Resources’ Magnacon gold property in the Mishibishu Lake area of northern Ontario. Flanagan holds a 50% interest in the property while associated compan…


CHESBAR STARTS UNDERGROUND ON MURGOLD’S SWAYZE BET

Chesbar Resources has dropped an option on proven oil reserves in the Beaufort Sea and has put Murgold Resources’ gold property in Ontario’s Swayze area at the top of its property list. The oil ventur…


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