Dynatec head honored
The head of one of this country’s top mining contracting firms, William R. Dengler, has been awarded the honorary degree of Doctor of Science from Queen’s University at Kingston. A 1964 graduate in mi…
News
Gallant drill work returns low values
A two-stage diamond-drill program has been completed on the property of Gallant Gold Mines (ME), a Hughes-Lang company, in Villebon and Freville twps. in northwestern Quebec. In stage one, six drill h…
Vancouver Stock Exchange Hot hole boosts Huntington issue
What can only be described as a “barn burner” of a drill hole boosted the share price of Huntington Resources by $3.95 when it reopened this morning after a three-day trading halt. Weighing in at 2.0…
Camrico likely to reopen Goldlund mill at Sioux
Based on some highly encouraging recent drill findings, coupled with the results of the past year’s extensive drill program, Camreco Inc. (TSE) is giving serious consideration to re-opening the Goldlu…
Black Creek options Menora placer bets
A letter of intent to option two placer gold properties (the Squaw Creek and O’Donnell) from Menora Resources (ME) has been signed by COATS-listed Black Cliff Mines. The Squaw Creek property consists …
Lamaque reserves increasing Tundra Gold and Teck say
Partners Tundra Gold Mines (VSE) and Teck Corp. (TSE) continue to receive encouraging results from drilling on the No 4 plug near the former producing Lamaque gold mine at Val d’Or, Que. Tundra, which…
La Ronge area to attract $65m. spending in 1988
A 6-year exploration boom in the La Ronge area of northern Saskatchewan, has opened up a new gold mining camp. According to Claude Resources (TSE), one of the major players here, $65 million will be s…
FINANCING (June 13, 1988)
VANCOUVER Approach — min 600,000 offered @ 35 cents per sh. Claw — 600,000 sold for gross $127,400. Dundee — gross proceeds rec $270,000. Tungco — 700,000 shs offered @ 82 cents per sh. Trans As…
Montreal Exchange Francoeur set to go
More good news from northwestern Quebec. Project manager Rouyn Mining Resources announces completion of a 25,000-ton bulk sample from the Francoeur property located est of Rouyn-Noranda averaging 0.19…
Letters to the Editor Faulty memory?
It is extremely rare that I bother to write on the accuracy of articles in a paper, but in your May 30 edition you carry a story on your editorial page by Franc Joubin that, if he is going to publish …
Skyline’s Iskut River a hot B.C. play
In general, gold discoveries in northern British Columbia require a grade premium over comparably-sized deposits further south; the reason, of course, is to offset poor exploration logistics and high …
Gold not a mere metal
Like it or not, we cannot describe gold merely in terms of its physical and chemical properties, production statistics, or its market value. Like oil, so aptly called “black gold,” but exerting a far …