Tundra busy with gold and platinum
Tundra Gold Mines has started drilling with two rigs on its properties in the Labrador Trough area of northern Quebec and Labrador. Initial results from the first hole include a 48-ft section of massi…
News
ON THE MOVE Victaulic Co.
Victaulic Co. of Canada has appointed Doug Irwin as district sales manager of no rth- central Canada, including Manitoba, northern Ontario and northwestern Quebe c. Based in Sudbury, Irwin has been a …
ON THE MOVE Inspiration Resources Corp.
Burton Joyce, senior vice- president and chief financial officer of New York, N. Y.-based Inspiration Resources Corp., has been appointed president and chief exe cutive officer of the corporation’s S…
North American gold title held by Newmont Gold (August 03, 1987)
The North American title for the largest gold reserve base goes to Newmont Gold Co. Newmont Gold, which is an affiliate of Newmont Mining Corp., controls properties hosting proven and probable reserve…
Aber, Freeport drill
Drilling is under way at Aber Resources’ Bugow gold prospect at Russell Lake, N.W.T. Freeport-McMoRan Gold, which is operating and financing the program, can earn a 51% interest for expenditures of $7…
MANAGING Job satisfaction
“A great deal of talent is lost in the world for want of a little courage. Everyday sends to their graves obscure men whom timidity had prevented from making a first effort; who, if they had been ind…
Vancouver Stock Exchange Gold prices have positive effect
Stronger gold prices have turned the Vancouver market much more positive. Also, with tensions building in the Middle East and inflation rising here and in the U.S., there is still room for improvement…
More drilling at Rea Minnova bet
A reserve estimate for the Minnova Inc./Rea Gold Corp. Samatosum property near Kamloops, B.C., will probably be ready by late August. More drilling will be required, though, to fully delineate the dis…
THE EDITORIAL PAGE A gold producer’s Mecca
With minimum wages standing at $36(US) per month and some of the most lucrative operating conditions anywhere, it is perhaps surprising to learn that only two Canadian juniors are conducting operation…
Books (August 03, 1987)
Mineral Development 1984-1986 by Nyal J. Niemuth — Reviews exploration and development at more than 180 mining properties in Arizona plus a table of gold and silver resources. $3.50(US), Department o…
Toronto Stock Exchange Metals help push composite to record high
The 5-year anniversary of the current bull market is fast approaching this August. And in celebratory fashion, the tse composite index blew through the 4,000-pt mark to set a new high — 4,000.77 pts …
Westley, Nerco in joint venture
A joint-venture agreement has been entered into by Westley Mines and Nerco Minerals involving exploration of Westley’s Gold Pass property in southern Oregon. The agreement, subject to regulatory appro…