News

Exploration ’88 INCO GOLD

Inco Gold, the recently-created company that handles Inco Ltd.’s gold exploration and development, will spend $40 million this year searching for precious metals around the world. This represents a 52…


Exploration ’88 CONIAGAS

Coniagas Mines, both directly and through affiliated companies, is pursuing a number of essentially gold exploration targets, which represent a 1988 budget of about $4 million. For Coniagas itself, th…


Exploration ’88 SMDC

Saskatchewan Mining Development Corp.’s exploration expenditures are expected to increase in 1988 to about $8.5 million from $5 million spent in 1987. The largest portion, about $6 million, will be sp…


Exploration ’88 THE B.C. BONANZA

TOODOGGONE In terms of exploration activity, 1987 was one of the best years ever for the Toodoggone gold camp, north of Smithers, B.C. Much of the work was flow-through-funded, which obviously will pl…


Research PACIFIC SMOKERS

The present is the key to the past. — Sir Charles Lyell (1797-1875) Geologist Steven Scott, a professor in the Department of Geology at the University of Toronto, has one of the most exciting researc…


Exploration ’88 AMERICAN BARRICK

American Barrick Resources has a firm $3-million exploration budget for 1988, exclusive of exploration activity in the vicinity of the Mercur and Goldstrike gold mines in Nevada.(For information on th…


Exploration ’88 CONSOLIDATED GOLD FIELDS

Consolidated Gold Fields of London, England conducts exploration in North America through two wholly-owned subsidiaries — Gold Fields Canadian Mining in Canada and Gold Fields Mining Corp. in the U.S…


THE WHITE KNIGHTS Beware of PGMs and Pt-Pd Ratios

The buzz of activity in platinum exploration has created some confusion among investors. Assays are often reported as “pgms per ton.” That means all six of the platinum group metals (or pgms) containe…


Exploration ’88 DICKENSON

Dickenson Mines plans to spend $1.3 million on various exploration projects in 1988. This is roughly the same amount spent in 1987 and the search is again primarily for precious metals. In the Slocan …


Exploration ’88 KERR-ADDISON

Kerr Addison Mines will spend about $6.5 million exploring for gold on its properties in Quebec, Ontario, British Columbia and Nevada. The total will rise to about $10 million when contributions are …


Exploration ’88 LAC

In 1988, Lac Minerals will spend $13 million on exploration including $5 million at existing mining operations. Exploration expenditures in 1987 were $27 million because of the proceeds from a $10-mil…


Exploration ’88 MINGOLD

Mingold Resources was formed in 1987 to participate in the exploration, development and mining of gold in Canada. The company is owned equally by the Minorco group and the Inspiration Resources group….


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