News

Aberfoyle’s reputation much larger than its size

With only 265 employees thinly spread over 4,000 km from Tasmania to Western Australia, base metal and gold miner Aberfoyle Ltd. (47%-owned by Cominco) has a reputation far larger than its size. “They…


Normetal Mining options 72 claims

An option to acquire a 100% interest in 72 claims in Perron, Clermont and Desmeloizes twps. in northwestern Quebec has been acquired by Normetal Mining Exploration. The option, acquired from C. Salmis…


Kootenay King starts work at Erie Creek

Preliminary exploration work has started at Kootenay King Resources’ Erie Creek gold prospect near Salmo, B.C. The company completed part of a $37,000 Stage 1 program, consisting of line cutting and g…


McChip/Noranda venture showed good results

Under the terms of the joint venture agreement between McChip Resources and Noranda Exploration, a successful exploration program costing approximately $400,000 was carried out during the latter part …



Gold search leads in Ontario

The search for gold remains pre- eminent among Ontario’s prospectors and developers. More than $153 million or 44% of the provincial expenditures on exploration and development was spent on the search…


Chelsea debenture

The placement of a $500,000 convertible debenture has been completed by Chelsea Resources. The debenture was placed with Lufer Corp. and is convertible at $2.35 per share over a one-year period. Chels…


Fired Inco Ltd. miners are back on the job

Inco Ltd. has reinstated seven miners who were fired from the company’s Frood Mine in Sudbury last October for dangerous mining practices, the company said recently. Inco says the miners, found taking…


Bear Lake purchases Greenwood crown grant

Bear Lake Resources has signed an option agreement for the purchase of the C.O.D. Crown Grant claim in the Jewel Lake area of British Columbia’s Greenwood mining division. Bear Lake will pay J. A. San…


REPORT FROM CALGARY Echo Bay may have a new mine

Good gold camps do not die — they just keep on living through the discovery of new mines. Such is the case of the Republic gold camp in northern Washington State, immediately south of Grand Forks, B….


Mosquito gold mine may reopen

Rising gold prices could well put Mosquito Consolidated’s Mosquito Creek gold mine near Wells, B.C., back in action. An intermittent producer since it opened in 1980, the mine was closed in 1986. The …



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