Queries Trans Columbia shares appear worthless
As a member of an investment group which owns shares in Consolidated Trans Columbia Industries Ltd., I would like to know what has happened to this formerly Vancouver-listed company. A couple of yea…
News
Vista gets flow-through
A $3.2-million flow-through financing has been completed by Vista Mines which will fund exploration work on the company’s Bootleg Lake property near Flin Flon, Man. A decline ramp on the Rio gold depo…
Eastmaque concentrate shipments delayed
Problems with completion of a filter press in the mill have delayed concentrate shipments from Eastmaque Gold Mines’ Kirkland Lake tailings project in Ontario. The company started processing gold mine…
Scrap steel study updated
Tendencies outlined five years ago in a study on scrap and the steel industry have materialized at a faster rate than expected, says the International Iron and Steel Institute. The institute recently …
Aber, Hemisphere have 2 drills on Sunrise property
Drilling results 70 km northeast of Yellowknife, N.W.T., have been encouraging enough for Aber Resources and Hemisphere Development Corp. to change the name of their jointly owned property from Sunset…
Pacific buys Telesis’ share of Gordon Lake gold project
Alberta-listed Pacific Trans- Ocean Resources has agreed to buy the remaining interest held by Telesis Corporation in the Gordon Lake project, the company announced recently. Upon completion, Pacific …
Flint Rock sinks six holes at Shabu
Six holes have now been put down by Flint Rock Mines on its leased Shabu Lake gold property, 43 miles east of Red Lake in northwestern Ontario. All intersected the main vein, with appreciable visible …
Correction (January 11, 1988)
Drilling commissioned by Tamavack Resources and International Maple Leaf Resource Corp. on a Moss Twp. property in northwestern Ontario intersected 4.9 ft assaying 1.6 oz gold per ton. Incorrect core …
FUTURES PRICES (January 11, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 130.50 140.00 + 3.65 Mar 123.00 117.30 122.90 — 0.10 May …
Noramco a producer after merger
Following the completion of an amalgamation between Noramco Mining Corp. and affiliate companies Highland-Crow Resources and Emerald Lake Resources, effective Jan 1, Noramco will be exposed to gold pr…
Follow-up drilling
Sillimanite mineralization at both Clarendon and Otter Creek in Ontario has been mapped at 1:2500; a co-operative follow-up drilling program with the Tweed office of Ontario’s ministry of northern dev…
Skyline heads for production at Johnny Mountain gold mine
The Johnny Mountain gold mine of Skyline Resources is heading for production starting in the second quarter of 1988. The mine is located on a portion of Skyline’s Reg claims which cover approximately …