B.C. and Yukon had a good year
The level of exploration activity in British Columbia was up sharply last year, according to the B.C. & Yukon Chamber of Mines. Charles A. Aird, president, told the chamber’s annual meeting that 1987 …
News
Amir, Normine, Glamis form company for Idaho production
Joint venture partners Amir Mines, Normine Mines and Glamis Gold have agreed to form a new operating company, Idaho Gold Corp., to develop two Idaho heap leach properties. The new company will be own…
Homestake joins Pacific Sentinel
A joint venture agreement between Pacific Sentinel and Homestake Mineral Development gives the latter the right to earn a 60% interest in the Churchill gold project located 38 miles west of Churchill,…
Ok Tedi is marginal
OK Tedi Mining Limited has been dogged by misadventure. No one foresaw the hazards of building a mine so inaccessible, cursed by such a wretched climate, with an annual rainfall of eight to nine metre…
High River has successful drill program at Snow Lake
A successful 10-hole drill program has been completed by High River Resources at Nor-Acme Mines’ former producing property near Snow Lake, Man. The mine is being dewatered prior to continuing explorat…
Producing mines, exploration help boost economy of N.W.T.
What the Northwest Territories lack in people is more than made up for in size and abundance of natural resources. The sparcely- populated territories, claiming some 34% of Canada’s land mass, played …
Bishop Mintek re-open B.C. mine
Two Vancouver-based companies, Bishop Resources Development and Mintek Resources, which are in the process of merging have re- opened a small silver-gold-lead-zinc mine near Smithers, B.C., which last…
Financing of new mines theme of PDAC convention
The Prospectors and Developers Association of Canada (pdac) has chosen a timely theme for its convention in Toronto this year: Financing — the key to new mines. With the future of flow-through financ…
Quebec plans to introduce new explorer incentives
The province of Quebec started the resurgence in exploration when it introduced its Quebec Exploration Account dedution back in 1980. The federal government brought in the Mining Exploration Depletion…
COATS Trading Features (March 07, 1988)
A new issue, Transgold Resources, was the volume leader on coats this week. After trading more than 320,000 shares, the issue advanced from its issue price of 45 cents to a high of 80 cents . With l…
Parklane plans bulk sampling
Encouraged by initial drill results, Calgary-based Parklane Technologies plans a bulk sampling test at its Hillsborough gold prospect near Beardmore in northern Ontario. Parklane has an option to earn…
Colray completes La Ronge gold survey
Colray Resources has completed an airborne geophysical survey program on four of its large blocks covering some 25,000 acres in the La Ronge gold belt area in northern Saskatchewan. W. J. Pearson, the…