News


CROSS-CUTS SIR JULIUS IN TROUBLE

The family of Sir Julius Chan, deputy prime minister of Papua New Guinea, is reported to have made a profit of $1.4 million(A) through the 1986 initial share offering of Placer Pacific, a company cont…



Augdome financing placer pilot test

Assay results have just come in from a placer gold property on the lower reaches of McConnell Creek in B.C. Property owner Augdome Corp. has decided to issue 160,000 preference shares (at $1 each) to …


Camreco plans drilling program

With arrangements made with MVP for $1.5 million flow-through funding, Camreco Inc. plans a major drilling program on its northwestern Ontario properties including its recently acquired Goldlund Mines…



Esperanza Explor. plans major program at Tillicum

With $1 million in the treasury from a recent private placement, Esperanza Explorations will be mounting a major exploration and development program this spring at its Tillicum property in northeaster…


Goldpost plans drill program

A high grade gold zone has been encountered by Goldpost Resources in the crosscut which has been driven through the Gibson west zone in the Hislop west property in northeastern Ontario. Both walls of …


Interquest to drill at Montana project

A drilling program is slated for May by Interquest Resources Corp. at its Drumlummon mine property located in Marysville, Mon. At the turn of the century the Drumlummon mine was the largest gold produ…


Terra turns attention to Mexican gold bet

The interior of a large cathedral in this thriving Mexican town boasts silver- covered arches reminiscent of an earlier and even more prosperous age. In terms of recorded silver production, the area r…


Joint workshop

Joining forces to offer a national Mining Industry Communications Workshop June 2-4 at the new Westin Hotel in Denver are the American Mining Congress and the National Coal Association. Half-day train…


Intnl. conference on ground control

A call for papers is being issued for the seventh international conference on ground control in mining, to be held Aug 3-5, 1988, at Morgantown, West Virginia. Papers are invited in the field of groun…


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