INSIDE Harker-Holloway
One of this summer’s biggest drilling campaigns for gold in Ontario is being conducted by Noranda and Freewest at their Harker-Holloway project near Matheson, Ont. Other nearby projects make this one …
News
BMR encouraged by drilling
Recent drilling on the America Mine project owned and operated by BMR Gold (VSE) has further delineated the area where the company hopes to start open pit mining. The America Mine is in San Bernardino…
Ferroalloy meeting
Metals Week’s annual Ferroalloy Conference will be held 0ct. 25-26 in Tucson, Ariz. The conference will focus on the market’s new harsh realities and will highlight the nickel, tungsten and molybdenum…
INSIDE Environment watch
For mining companies, the increasingly rigorous environmental standards being established are creating unexpected costs. The larger, cash rich companies have been able to absorb these costs, but the i…
Shaft commissioned at Trout Lake
Ore is now being hoisted up the newly commissioned 2,100-ft. shaft at the Trout Lake mine owned 29% by Granges (TSE), 44% by Hudson Bay Mining & Smelting (TSE), and 27% by the government of Manitoba. …
Vancouver Stock Exchange Trading buoyed by Eskay play
Up until the week ended June 12, gold’s dismal performance wasn’t putting much of a damper on trading activity on the Vancouver Stock Exchange. In fact, recent increases in both volume and value of sh…
Montreal Stock Exchange Val d’Or big trader
News of a deal with Noranda Mines covering exploration of property adjacent to the Bardome zinc project in the Val d’Or, Que., area helped to spark the trading of more than 1.2 million shares of Resso…
St. Genevieve agrees to adopt poison pill
Directors at St. Genevieve Resources (TSE) have agreed to adopt a shareholder protection rights plan. St. Genevieve says the overall objective of the plan is to discourage “unfair” takeover tactics an…
Goldbelt to be an active player in Galore Creek (June 18, 1990)
Because of an equity stake in Pass Lake Resources (VSE) along with a healthy direct land position, Goldbelt Mines (VSE) will be an active player in the Galore Creek area. Galore Creek is part of the a…
Westmin secures deal with Tenajon
A formal agreement for the development of the SB gold-silver property near Stewart, B.C., was recently announced by Westmin Mines (TSE) and Tenajon Resources (VSE). Under its terms, Westmin can earn a…
Storimin leaves Moss Lake in `good hands’
Recent results indicate that the Moss Lake project, 70 miles west of Thunder Bay, Ont., has the potential to become a large-tonnage, low- grade open pit gold-copper-silver operation. The project was o…
“Golden Triangle Fund” to raise $4 million (June 18, 1990)
Ten junior companies active in northwestern British Columbia have joined forces to raise about $4 million through the “Golden Triangle Fund” for their 1990 exploration activities. As the name suggests…