Armistice long hole uncovers gold values
Several gold-bearing sections were intersected in a long hole drilled from the 1,250-ft level at the Virginiatown, Ont., property of Armistice Resources (ME), the company reports. Hole 12W50-9 was dri…
News
Barrick, DCC boost stake in Hayes Res.
A private placement of about $1 million has given American Barrick Resources (TSE) and DCC Equities an increased stake in Toronto- based Hayes Resources (TSE). Under the terms of the placement, Barric…
Drilling on Delaware Joint Venture
A 5-hole diamond drill program operated by Delaware Resources (VSE) is now under way on the 10,500-acre Iskut River joint venture property adjoining the Snip project in northern British Columbia. The …
Letters to the Editor Coronation: a Canuc/Orofino venture
I refer to the article on page 13 of the issue dated Sept 19, 1988, of The Northern Miner headed “Orofino drill results.” The opening sentence of the article is misleading in that reference is made to…
Placer Dome US
Continuing exploration drilling by Placer Dome US is going on in an area of several square miles located 6 to 8 miles north of Nome, Alaska in ongoing evaluation of lode gold deposits discovered by As…
Hedging their bets (October 03, 1988)
A falling gold price might normally cause gold-mine operators to shudder, but recent developments in bank-related financing and hedging techniques have afforded a degree of protection to big and small…
Vancouver Stock Exchange Wait-and-see attitude towards gold
Vancouver market watchers were buoyed by news that bargain hunters were out in full force in Toronto, generating a rebound among otherwise sound issues that had been battered by gold’s drop below $400…
Noront gets nod from Central Crude as exploration arm
Noront Resources (VSE) is the company that has been chosen by Central Crude (VSE) to acquire an interest in certain of the properties recently acquired by Crude in the Mishibishu, Swayze and Hemlo are…
Breakthrough in Measuring Stress
Measuring stresses in hard rock has always been a big problem for rock mechanics engineers. Dr Gerhard Herget should know. The research scientist at the Canada Centre for Mineral and Energy Technology…
Canamax’s third mine Kremzar produces its first gold
There’s a lot riding on the Kremzar gold mine 20 miles northeast of here. Not only does Canamax Resources (TSE) expect the mine to be the company’s main gold operation, it marks the first production f…
Letter to the Editor Center of Excellence
Your last editorial titled “Research teamwork” (Sept 19) is very timely and well received. It does, however, contain a factual error regarding “Western Centre of Excellence in Surface Mining.” This Ce…
Drill Results from Jualin Property
With 23 drill holes completed to date on the Jualin property north of Juneau, Alaska, International Curator Resources (VSE) says observation of drill core reveals that veins and stockwork zones were e…