Goldbrae, Selectek Snow Lake agreement
Selectek Industries (VSE) has reached an agreement with Goldbrae Developments (VSE) whereby Selectek will earn a 50% interest in Goldbrae’s North Star property in the Snow Lake area of Manitoba by spe…
News
Encouraging results at Trans America, Sherrgold venture
Trans America Industries (VSE) has been advised by its joint venture partner, Sherrgold Inc. (TSE) that preliminary results from a drilling target west of Shortie Lake are encouraging. However, assayi…
Echo Bay, Nuinsco still short of mineable grades at Cameron
The jury is still out on the mineability of the Cameron Lake gold deposit in northwestern Ontario, shareholders were told at Nuinsco Resources’ (TSE) recent annual meeting in Toronto. Partners Nuinsco…
Obituaries (May 16, 1988)
Thomas M. Crandell, vice-president mining for Orofino Resources, died in Orillia, Ont., May 6 after a brief illness. Crandall, who was also general manager operations for Orofino’s parent company, Nor…
CIM a success, trade show a money-maker
More than 1,400 delegates signed up for the 90th annual meeting of the Canadian Institute of Mining and Metallurgy held at the convention centre on the banks of the north Saskatchewan River in this ho…
Strengthening dollar cuts Brunswick’s quarterly earnings
High metal prices and increased production contributed to a profitable first quarter for Brunswick Mining and Smelting Corp (TSE). Net earnings for the quarter were $3.9 million or 11 cents per share …
Canamax gold discovery boon for Kremzar mill
When Canamax Resources (TSE) decided to build a brand new 500- ton-per-day mill to process ore from the soon-to-be-producing Kremzar property near Wawa, Ont., the facility was designed to handle an ad…
Black Swan acquires Australian gold find
A significant new gold discovery with near-term production potential has been acquired by Black Swan Gold Mines (VSE) in Western Australia. Located 285 miles north of Perth, the Carlinga Well project …
Metal mining tax peculiarities (2)
(Editor’s note: This column is the conclusion of a two-part review. In the first part published last month, the writer looked at the origins of mining ** taxes.) ** The cat…
NovaGold financing (May 16, 1988)
NovaGold Resources of Halifax has signed an agreement with M.E.Q. (1988) Mineral Exploration and Co. Ltd. Partnership, providing for the purchase by the latter of $2,510,000 of flow-through NovaGold c…
Can-Mac drill results from Boston project
Encouraging results have been received by Can-Mac Exploration (VSE) from the company’s drill program on the Boston Twp., Ont., property. A 4,200-ft diamond drill program followed up high grade results…
Bishop suspends mining and milling pending review
President Rene C. Mutsaerts of Bishop Resources Development (VSE) reports that two shipments of lead, zinc, silver and gold concentrate have been made from the Duthie mine and that the mill on the pro…