Ontario paves way for base metals exploration
Hosting one of the biggest volcanogenic massive sulphide deposits (Kidd Creek) in the country, Ontario is hoping base metals exploration will pick up after a presentation at a recent mines and mineral…
1988
Evaluating properties that have no proven reserves
From a presentation by Ross Lawrence, P.Eng., to the Toronto Geological Discussion Group. There are three broad categories of accepted valuation methodologies: income, cost and market techniques. All …
Tundra increases reserves at Lamaque
Drill-indicated reserves at the former producing Lamaque gold mine have been increased to 1.73 million tons grading 0.19 oz gold per ton, Tundra Gold Mines (VSE) says. Located near Val d’Or, Que., the…
John Hansuld – 1988’s Mining Man of the Year
In an industry where the brightest geologists often go unrewarded with even one major discovery, the development of a gold mine is considered an achievement not to be taken lightly. So when a junior r…
U.S. REPORT Northern Dynasty producing from underground/heap leach
As operator and 43%-owner of the Little Bald Mountain mine in Nevada, Northern Dynasty Explorations (TSE) is expecting to produce 7,000 oz of gold during the 1988 season from the combined underground/…
Letter to the Editor Gradore was revised
In your answer to a question concerning the shares of Gradore Mines (N.M., Dec 12/88), you state that the company’s charter was cancelled in October, 1972. Actually, the charter of Gradore was revised…
Skyline modifying milling process at Johnny Mountain
A number of modifications to the 300-ton-per- day mill operating at Skyline Explorations’ (TSE) Johnny Mountain mine in northwestern British Columbia are expected to increase recoveries to 90% and bri…
Camindex shareholders vote in favor of MVP amalgamation
Shareholders of Camindex Mines (TSE) have voted overwhelmingly in favor of an amalgamation with MVP Capital Corp. (TSE). Camindex, which has a 51% interest in the troubled Valdez Creek placer gold pro…
T. R. V. Minerals
T. R. V. Minerals (VSE) says it has accepted a proposal for a private placement of 8.5 million shares at 15 per share. Also included in the placement are warrants to purchase an additional 8.5 millio…
Books Premise examined
The Centre for Resource Studies examines the wide-held premise that “more remote” means “less economic” for mineral exploration and development. The economic analysis and comparison of mining potentia…
Nanisivik Mines ups stake in Highwood
A wholly-owned subsidiary of Mineral Resources International (TSE), Nanisivik Mines, recently acquired an additional 462,000 shares of Highwood Resources (TSE), increasing its stake in that company to…
Aurogin awaits better markets
Declining stock market interest, especially in junior resource issues, has got Aurogin Resources (VSE) looking around for joint venture partners to continue exploration on its properties. “We have qui…