Core Shack COURAGEOUS LAKE GOLD
The Tundra deposit, in the Courageous Lake area of the Northwest Territories, has undiluted possible reserves of 26.4 million tons grading 0.18 oz gold per ton and is owned by both the project operato…
News
Record Mint year
Sales of the Maple Leaf gold coin in 1987 totalled more than 1.4 million oz, or 40% of all gold mined in Canada last year, the Royal Canadian Mint reports. The Mint says the Maple Leaf coin, on a worl…
FROM THE CENTRE LICENSING
Beyond internal technology transfer, opportunities abound for mining companies to licence or sell their operating improvements to other mining companies or suppliers. For example, a friction washer de…
Hemlo buys into Windarra for Mishibishu-area play
Under two separate agreements Hemlo Gold Mines (TSE) has agreed to finance Windarra Minerals’ (VSE) participation in a major new gold project (N.M., March 21/88) near Wawa, Ont. Ultimately the pact co…
Cheni sets October date for start-up at Lawyers
A production start-up in late October has been announced by Cheni Gold Mines (TSE) for its Lawyers gold-silver property in the mountainous Toodoggone area of north-central British Columbia. President …
Cambior to put Eldrich-Flavell into production
Cambior Inc. (TSE) has decided to put its wholly-owned Eldrich- Flavell property into production, President Louis Gignac said at the company’s annual meeting in Montreal. The mine, located about nine …
Rockford makes bid for outstanding Tyranex shares
Rockford Minerals (TSE), a Toronto-based exploration company with interests in the Larder Lake, Ont., area, is making a takeover bid for Tyranex Gold (COATS), the company said recently. Rockford said …
Golden Briar finds zone of copper-zinc-silver
A new copper, zinc and silver zone has been discovered in Quebec’s Casa Berardi area, Golden Briar Mines (ME) reports. The discovery is located in an optioned 18-claim area adjoining the southern boun…
News in Brief (May 02, 1988)
Crew Minerals has changed its name to Asia-Pacific Resources (APQ:VSE) on a share-for-share basis.
Vancouver Stock Exchange Alotta ups nickel find
Market activity in Vancouver can only be described as lethargic and brokerage month-end has compounded matters even further. The selling out of delinquent accounts has tended to put downward pressure …
Letters to the Editor Insult to injury
Once again the minority shareholders are receiving second-rate consideration in a mining merger. I own shares in Mascot Gold Mines because I believe that it will be an excellent, profitable mine. If t…
Mascot reduces debt
The bank debt for Mascot Gold Mines’ (TSE) Hedley, B.C., gold project was reduced by $10 million to $46.4 million at the end of the second quarter. During the three months ended March 31, Mascot produ…