DOME SWEET DOME
Harry Preston was probably the first and maybe the only Canadian prospector to lose his footing and find a mine. The story goes that in June, 1909, Preston, in a prospecting group led by John Wilson, …
News
50 YEARS AGO — APRIL, 1938 RISING GOLD PRICE ABOUT THE ONLY THING
The latest economic developments are extremely interesting for the Canadian metal-mining industry. Inflation psychology has been injected into business and finance. An increase in commodity prices ove…
50 YEARS AGO — APRIL, 1938 HEMATITE DEPOSIT CUT IN 8 VERTICAL
Probing deep under the water and mud of the west middle arm of Steep Rock Lake, near Atikokan, Ont., a series of eight vertical diamond drill holes has punctured what appears to be a big deposit of he…
Back on Track GEOLOGY OF DETOUR LAKE
Most of the ore at Detour Lake lies adjacent to the contact between an ultramafic unit and a series of mafic volcanics. Gold is primarily localized in quartz- pyrrhotite/pyrite/ chalcopyrite structure…
50 YEARS AGO — APRIL, 1938 WILL INFLATION LIFT THE MARKETS?
It is now a year since Canadian mining markets — indeed security markets the world over — began to flatten down. We in this country have been fortunate in that, despite our decline on the markets, o…
Dome Sweet Dome FIVE ON THE WAY
Placer Dome takes a back seat to no one when it comes to finding and building new mines. In Canada, the company is evaluating three potential producers: the Eastmain project, 185 miles northeast of C…
50 YEARS AGO — APRIL, 1938 CALIFORNIA FEVERISH OVER ZEBALLOS CAMP
“Zeballos is the best thing that has happened to this province’s gold-mining industry in ages,” the deputy minister of mines for British Columbia stated last week at a meeting here of the Engineering …
50 YEARS AGO — APRIL, 1938 NEW SHAFT STARTED AT MACASSA MINE
Opening shots for the big new development program at the Macassa mine, in Kirkland Lake, Ont., were fired this week. Sinking operations began Monday on the new 4,000-ft shaft, in the centre of the pro…
50 YEARS AGO — APRIL, 1938 CARIBOO PROMISES LODE REVIVAL
The Cariboo district of British Columbia, famous for its colorful and prosperous gold rush in the middle of the last century, now seems to be entering a new period of mining activity. But whereas the …
Editor’s Note HOUSE CALLS
At least once a month, as workloads and budgets allow, one of our magazine staffers flies off to tour and report on a mine in Canada. This is a matter of policy — we can’t adequately cover an industr…
BACK ON TRACK
Surrounded by coniferous bush, 209 km northeast of Timmins, Ont., sits the Detour Lake gold mine. It is the only fly-in mining operation in Ontario and, as such, has kept a pretty low profile within t…
Wrightbar financing
An $800,000 financing agreement has been arranged between Wrightbar Mines and CMP 1988 Resource Partnership and Co., Ltd. at 95 cents per share. The money will be used on exploration work at the compa…