Parquet seeking project partner
Joint venture proposals are being reviewed by Parquet Resources (TSE) for exploration work at its Courville Twp. gold property near Val d’Or, Que. President William Plexman says funds are being sought…
News
COATS Trading Features (July 11, 1988)
A holiday shortened week took its toll on COATS-listed issues. Newfield Mines continued firm at $5 on volume of 5,600 shares. The company will be merged with TSE- listed issues Jonpol Explorations and…
Lac Moves on Jonpol project
Trucking of ore from a Garrison Twp., Ont., property to the Macassa mill in Kirkland Lake will be considered by Lac Minerals (TSE), a Lac spokesman tells The Northern Miner. The operation is contingen…
Investment Comment Golden Giant a boon to Hemlo Gold
When it was revealed recently that stock promoter Charles Stuart will test Ontario’s Mining Act after restaking 148 claims in the Hemlo, Ont., gold belt, the reponse from the mining industry was mixed…
Newmont plans fourth mill at Carlin area properties
Construction of a fourth mill at Newmont Gold’s Carlin area properties in Nevada will cost the company about $61 million(US). The plant, which is part of a $420-million expansion program announced las…
Montreal Exchange adds 3 listings
Three resource-related companies — Aurtec Mining Development (symbol AUD), Equity Reserve (symbol EQR) and Orbite Exploration (symbol ORT) — were recently listed for trading on the Montreal Exchange…
Gunnar, Pan East, Mill City on Fifteen Mile Creek bet
Wayne Benham of MPH Consulting reported on the Fifteen Mile Stream property of Calgary-based Pan East Resources (ASE). Gunnar Gold (TSE) and Mill City Gold also of Calgary, have the right to earn a 37…
Obituary Percy Claire Finlay
Percy Claire Finlay, best known for his association with Hollinger Consolidated Gold Mines for more than half a century, died at Toronto General Hospital on June 29. He was 89. Finlay was active in th…
People (July 11, 1988)
Shakwak Exploration — Arshad A. Shah appointed director and vice-president, ** petroleum division. **…
Mining engineers
Reno, Nevada will be the site Oct. 13-15 of a presentation Gold Exploration; Techniques and Problems by the Society of Mining Engineers. Technical sessions will include such topics as new models for g…
Busy year for Power at Opapimiskan bets
In a busy year, Power Explorations (TSE) spent $8.6 million on a number of gold properties in the Opapimiskan Lake, Pickle Lake and Dryden areas of northwestern Ontario. The company recently increased…
Cusac boosts interest in Montana project
With production about to commence at the Cruse Belmont gold- silver project near Helena, Mont., Cusac Industries (TSE) reports it has increased its participation from 30% to 50% in the property throug…