Lenora calculates Worvest reserves
Reserves have been calculated by Lenora Explorations for the company’s Worvest property, held in joint venture with American Barrick Resources. Located immediately west of Barrick’s Holt-McDermott min…
News
Canamax budget to hit $11 million
A total of $11.5 million is budgeted by Canamax Resources on Canadian exploration this year. Of that amount, $8 million comes from certain agreements reached with Amax of Canada Ltd., Amax Inc. and NI…
Rio’s default felt in Spain
Fallout from Rio Algom’s decision to default on a $155-limited non- recourse loan to build its East Kemptville tin mine in Nova Scotia is being felt elsewhere in the world. In November Rio handed over…
Muscocho cuts main gold zone on Magnacon bet
Muscocho Explorations says a crosscut from the recently- completed ramp intersected the main gold-bearing zone at the 300-ft level on the Magnacon property at Mishibishu Lake near Wawa, Ont. Muscocho,…
Letters to the Editor Minicipalieies back flwo-through
The following letter has been sent to Finance Minister Michael Wilson at Ottawa. I would like to take this opportunity to convey to you some of the very strong feelings that many of our member municip…
Agnico-Eagle basks in bright ore position
While there will be no output from Agnico-Eagle Mines’ silver division here until its new $2.5-million mill is ready, which now looks like mid-year, there has been absolutely no letup in exploration o…
range tables error
Readers may have noticed that some of the 1985 high-lows in the 1986-1985 price range tables published in last week’s edition of The Northern Miner were the same as for 1986. This was due to a techni…
Stabell and Acquisitor underground at Val d’Or LD
Work is under way on rehabilitating the No 2 shaft at Stabell Resources’ Dubuisson Twp. gold property near Val d’Or, Que. The work, which is being done with Acquisitor Mines which has an option to ear…
Neptune planning vat leach test
A 15,000-ton vat heap leach test will be performed this summer at the Colomac property held under option by Neptune Resources. The property, located in the N.W.T., is held under option from Johnsby Mi…
Standard starting underground work on Duverny project
In the past six months Standard Gold Mines has erected a headframe and hoist along with ancillary services required to facilitate exploration to the 2,500-ft level on its Duverny gold prospect near Am…
Abcourt moves into gold with control of Aunore
A year ago SNC Inc., the large Montreal-based engineering firm, was high on its 17.8% interest in Aunore Resources and its role as operator on the old Peel-Elder gold mine near Rouyn in northwestern Q…
Abermin seeks high grade at Vancouver Island project
Mineral exploration is generally a slow and tedious process and few mines are discovered on one drill hole. So being in the right place is important whether you are talking about geology or nearness t…