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…
News
50 years Ago AUGUST, 1937 IRON MINE PROGRAM A MAJOR PROJECT
Of first importance to Canada are details, announced this week for the first t ime, of Algoma Steel Corp.’s plans for opening the New Helen siderite deposit an d establishing a large-scale beneficiat…
THE EDITORIAL PAGE Uranium protectionism aids the few
Just when the Canada-U.S. free trade talks appear to be entering their final climactic phase, U.S. uranium producers, supported by local politicians, have won a major protectionist victory. In Colorad…
SUPPLIERS’ NOTES VIBCO Inc.
A new 44-page catalogue for people interested in industrial vibrator usage is available from VIBCO Inc. of Wyoming, R.I. The catalogue is designed to help the customer select the proper vibrator for h…
Storimin reports encouraging results
Encouraging assay results from five drill holes have been reported by Storimin Exploration at its Moss Twp. gold prospect located 70 mi west of Thunder Bay in northwestern Ontario. Storimin and Tandem…
Noranda divisions report second quarter earnings
Across-the-board improvements in all of Noranda Inc.’s resource divisions made it an encouraging second quarter for the company. Second quarter earnings were $103.1 million, or 66 cents per share aft…
Glen Auden busy with several plays
Glen Auden Resources has completed a geophysical survey on over 100 claims in the La Peltrie area, Que. The ground protects the eastward extension of a gold discovery made by Rambo Exploration. Glen A…
Consort Energy
Drilling is scheduled to begin in August at Consort Energy’s West claim group near Echo Bay’s Lupin mine in the Northwest Territories. Surface gold values averaging 0.29 oz and 0.48 oz gold have been …
Westley leases claims
Westley Mines reports it has leased 34 claims in southwest Oregon known as the Burnt-Peak project, covering a one-and-a-half mile strike length of a broad, northwesterly-trending gold-bearing zone in …
Books (July 27, 1987)
The Fifth International Wollaston Basin Symposium Proceedings edited by C.G. Carlson and J.E. Christopher. Contains 25 full length papers and 4 abstracts. Softbound $43.50(C) ISBN 0-921547-17-X; Har…
Old Newcor mine gets second look by Colray, Vista
A joint venture program to explore the old Newcor mine property in the Flin Flon area of Manitoba has been announced by Colray Resources and Vista Mines. Colray can earn a 30% interest by spending abo…
METAL MARKETS Shareholders nix amalgamation plan
Preferred shareholders of Potash Co. of America recently rejected a proposal to amalgamate the company with Rio Algom, which controls almost 88% (all of the common shares) of the company. Potash Co., …