Correction (October 03, 1988)
Contrary to what appeared in The Northern Miner Sept 26, QPX Minerals’ QR deposit has reserves of one million tons at 0.2 oz gold per ton.
News
Montreal Exchange MSV going it alone
Helping to enliven a directionless trading week on the exchange was news that MSV Resources of Montreal will be taking on the Eastmain gold project in northern Quebec by itself, subject to various app…
Exploration Boom in Northwestern B.C.
For the past several years northwestern British Columbia has experienced an exploration boom, and although it’s still early in the game, three gold camps have already been carved out of this rugged an…
Skyline Adopts Measures to Overcome Start-up Problems
Like a good many other new gold producers, Skyline Explorations (TSE) has run into operational problems at its 100%-owned Johnny Mountain mine in the Iskut River area of northwestern British Columbia….
Pioneer Nixes Purchase of Canacord Interest
At a meeting held in Vancouver in mid-September, the board of Pioneer Resources (TSE) voted against the acquisition of a 9.9% interest held by Canacord Resources (VSE) in the Premier Gold project near…
FINANCING (October 03, 1988)
ONTARIO Ekersval — final rec iss offer 500,000 @ $1.30 per sh to net $325,000. Released from Escrow Fort Knox Gold — 160,500 shs released. VANCOUVER Athabaska Gold — 500,000 shs offered @ min 40 ce…
Garrison looks good
There are a number of good reasons why the Jonpol Explorations (TSE), T & H Resources (TSE) joint venture at Garrison Twp. has been one of the most talked about exploration plays in the Harker-Hollowa…
Book Reviews Mapping the landscape
The Canadian Geoscience Council, in cooperation with the Canadian Government Publishing Centre, present a report of the Advisory Committee on outputs in quaternary and engineering geology entitled: Ma…
Northern Manitoba exploration activity continuing
In the Flin Flon-Snow Lake area of northern Manitoba exploration activity is continuing strong. In fact, it is the most actively explored greenstone belt in the province. The belt’s favorable geology …
Record Production from El Mochito Operations
Since reopening the El Mochito base metal operations in Honduras last October, American Pacific Mining (VSE) says it achieved record combined lead and zinc production levels during the month of August…
Nevada Goldfields mining expertise shines at underground gold mine
With all the surface mining going on in Nevada these days the Kingston mine project of Nevada Goldfields (VSE) is a refreshing change of pace. For one thing it’s an underground gold mine grading about…
Encouraging results encountered by Goldpost at Ft. Hope property (October 03, 1988)
Surface drilling on Goldpost Resources’ (TSE) Reserve Creek property at Fort Hope, Ont., has encountered significant assays the company reports. A 10,000-ft drilling program is currently under way to …