D’Or Val, Perron merger in works
Two Hughes-Lang companies active in northwestern Quebec, D’Or Val Mines and Perron Gold Mines, have agreed in principle to amalgamate. D’Or Val operates a producing gold mine near Val d’Or, while Perr…
News
Increased growth forecast for mica
Consumption of mica in plastics increased strongly during the first half of the 1980s with the steady development of methods of using fillers to reduce costs and improve performance, Roskill Informati…
Letters to the Editor Flippant remark threatens flow-through
I read, with considerable concern, the ill-advised reference to flow-through funding in E. A. Schiller’s column in your Jan 11/88 issue. I particularly disliked the term “fairy godfather” as applied t…
Cal Graphite withdraws reserve and cost estimates for gold bet
A statement of reserves and capital costs for Cal Graphite’s recently acquired gold property near Magdelana de Kino in the Sonora province of Mexico could not be substantiated by formal engineering re…
St. Genevieve Res. seeks full control of Louvem Mines
A bid by St. Genevieve Resources of Montreal to buy up the outstanding balance of shares of Louvem Mines it does not already own has been announced. St. Genevieve holds an approximate 56% interest in …
Messeguay, partners boost Delta reserves
The tonnage calculation of the D8 north, D8 south and D9 zones, following the 1987 drilling program at the Delta project in northern Quebec, stands at about one million tonnes of possible and potentia…
News in Brief (February 22, 1988)
A proposed merger between Central Crude Ltd. and Noront Resources has been cancelled, both companies say.
McKinnon scholarships
Don McKinnon, well known for his role in the Hemlo, Ont., gold discovery, has donated $20,000 in scholarship funds to the Haileybury School of Mines. The funds, to be known as the Don McKinnon Scholar…
La Fosse purchase
Iron ore mining leases in northern Quebec belonging to Hollinger North Shore Exploration have been acquired by La Fosse Platinum. La Fosse gained control of the leases, which also contain manganese an…
Canacord selling 9.9% Premier gold interest
Montreal-based Canacord Re- sources says it is planning to deal its 9.9% interest in the Premier gold project north of Stewart, B.C., to Pioneer Metals. Westmin Resources has the right of first refusa…
Multinational rehabilitating Hunter mine, Timmins
After protracted negotiations, Multinational Resources has concluded an agreement to purchase Du Pont Canada’s Baker mill in the Toodoggone area of British Columbia. For a consideration of $50,000, Mu…
Multinational options Carlin-area property
Multinational Resources has optioned the Emigrant Springs property in Nevada’s Carlin gold belt from a U.S. subsidiary of Teck Corp. The agreement with Teck Resources enables Multinational to earn a 5…