Silverside acquires additional ground
Additional ground has been optioned by Silverside Resources in the Harker-Holloway area east of Matheson, Ont. The company has the right to acquire a 100% interest in 13 patented claims located in Gar…
News
Pioneer prepares to fend off takeover
Although he has heard “rumors of several companies sniffing around,” Pioneer Metals President Robert Willis doesn’t believe his company is a takeover target. But he concedes that if “somebody wants yo…
Wescap completes exploration program
An exploration program has been completed by Wescap Enterprises on the company’s 300-claim property near Beardmore, Ont. The work included geological mapping, stripping and trenching. A drill program,…
Franco-Nevada awaits increased production
Production at Franco-Nevada Mining’s Goldstrike royalty lands in the heart of the Carlin gold trend was disrupted for much of this year as operator American Barrick Resources focused on construction o…
Nufort goes underground
The underground workings of the former Independence mine in British Columbia have been reopened by Odessa Explorations and partner Nufort Resources. Located in British Columbia, the property is subjec…
City’s $110-million plan: B.C.’s boggest gold mine
Proving it has what it takes to make a mine, City Resources Canada plans to bring what will be British Columbia’s largest gold producing mine on stream by October, 1989. The aggressive Australian-cont…
Coniagas struggles to show a profit in 1987
With a new gold mine expected to be up and running next year and a resumption of production at Bachelor Lake, the Coniagas Mines group is looking ahead to better things in 1988. As reflected in a mixe…
COATS Trading Features (December 14, 1987)
The weak activity on the main Canadian markets is also being reflected on coats. For the month of November, the average daily dollar value plummeted to an all time low of $1 million. Last May, that wa…
Brohn, MFC discuss merger
A merger is being discussed by Brohm Resources and MFC Mining. According to Brohm President Wayne D. McClay the share exchange would be three mfc shares for two Brohm, subject to a fairness opinion fr…
Underground program begins at Maude Lake gold property
A $2.6-million underground exploration program has begun at the Maude Lake gold property, near Matheson, Ont. Work is being carried out under a joint venture between Equinox Resources, Technigen Corp…
Report from Calgary Placer Dome biggest player
The famous Quesnel-Caribou gold belt of south-central British Columbia, 45 miles northeast of Williams Lake, has a record of gold production for more than 100 years. Although there is only one small p…
Editorial Mining Hall of Fame
Just the other day, at a meeting of the Toronto Geological Discussion Group, the publisher of The Northern Miner, M. R. Brown, proposed establishment of a Mining Hall of Fame. This, like sports Halls …