Crown, Noranda confirm reserves at Montana bet
The 1987 drilling program at the New World gold project near Cooke City, Mon., confirmed current reserve figures and raised the possibility of additional tonnage, Crown Butte Resources and Noranda Exp…
News
Marker, Varna begin $2.5 m drill program (November 16, 1987)
Marker Resources and partner Varna Resources have started a $2.5- million diamond drilling program on projects in Newfoundland and Manitoba. Varna and Marker plan to amalgamate shortly. In Newfoundlan…
Better program shows ore zone has continuity
A 1,000-ft development program has been completed at Better Resources’ Mt. Washington gold project on Vancouver Island. About 700 ft of underground development was completed in the ore zone and also 3…
Rusty plate leads to new technique
Watching river water corrode an old tin-plated cooking utensil has provided the inspiration for Australian scientist Dr William Baker to develop a new technique for the exploration of mineral deposits…
More Casa Berardi drilling by Inco and Golden Knight
A $2-million 15,000-m drill program is being proposed by partners Inco Gold and Golden Knight Resources for their jointly held Golden Pond property in Quebec’s Casa Berardi area. The program will test…
J.A.G. reports new gold zone at Malartic bet
The latest drilling campaign of J.A.G Mines is under way on the Malartic property in northwestern Quebec and core logging has already indicated interesting results, the company reports. A new gold zon…
Carlin reserves rising to South Africxa proportions
From the rear seat of a helicopter it looks more like the backdrop to a spaghetti western than the site of North America’s latest gold rush. As the visitor hovers over the open pit mines along the Car…
Duration’s Theresa could produce in ’88
Pending the successful completion of an expanded underground evaluation of the Theresa mine property, equal partners Duration Mines and Locator Explorations could be in the gold mining business by the…
Westmin/Canacord announce more Big Missouri reserves
Partners Westmin Resources and Canacord Resources say they are currently re-estimating geological and mineable reserves at the Big Missouri property near Stewart, B.C. Previous reserves at the propert…
Hedman stakes near Matheson
Industrial mineral producer Hedman Resources, is getting into the grassroots gold exploration game. The company has completed a staking program which staked 560 claims in five blocks within McCool, Mi…
Granges to up Hycroft stake
Granges Exploration, which owns a 56.5% interest in Hycroft Resources & Development, plans to increase its interest to 58.5% following a private placement of shares and the exercise of one-year warran…
Editorial Mining industry should help sell free trade
The tide of opposition to the Canada/U.S. free trade agreement continues to mount, and we think Canada’s mining industry, which has a good deal to gain from it and a lot to lose if it fails, should be…