Cave-ins occur despite precautions
Hard-rock miners in Canada have an enviable record where mining accidents are concerned. They were late starters into the business and were able to build on the hard-earned corpus of mining law genera…
News
Cayouette elected QMA president
The new president of the Quebec Mining Association (QMA) is Patrice Cayouette, a native of Bonaventure, Gaspe, Que. Cayouette succeeds Paul Bedard in the 1-year post. Involved in Quebec’s mining indus…
Teck resumes Tache drilling
Teck (TSE) has resumed drilling on Greenstone Resources’ (TSE) Tache Lake property at Chibougamau, Que., where the partners made a zinc-gold discovery earlier this year. Teck is earning a 60% interest…
Minnova drills Thunderwood bet
A $220,000 exploration program consisting of 9,700 ft. of drilling and down-the-hole surveys is under way on Thunderwood Resources’ (TSE) 35% owned Delbridge and Donalda properties near Rouyn-Noranda,…
Edwards optimistic about B.C. mining
The mines minister of British Columbia is optimistic the mining industry will continue to provide career opportunities for young people. “We have, and will continue to have, good jobs in the industry …
St. George pours first gold at Dean
Despite some delays and setbacks, St. George Metals (VSE) recently poured its initial dore from pilot plant facilities at the Dean mine in the Battle Mountain district of Nevada. The Houston-based com…
GOLD FUNDS (September 07, 1992)
BGR Central Net Value $8.18 $4.87 Price $6.88 $4.50 Discount 15.97% 7.6% Value $48,627,000 $75,709,350…
Brush Creek, MK to join forces
According to a recent letter of intent agreement, Brush Creek Mining (NASDAQ) and MK Gold, the mining subsidiary of Morrison Knudsen, plan to join forces to explore and develop gold properties in Russ…
Shadow Mountain program planned
A reverse circulation drill program will test several gold targets on the Shadow Mountain property in California’s San Bernardino district, including an area where a 1938 hole is reported to have inte…
Mahogany, N. Lily acquire claims
A formal agreement to acquire 29 unpatented mining claims in Humboldt Cty., Nev., was recently signed by partners International Mahogany (TSE) and North Lily Mines (NASDAQ). The companies will purchas…
LATIN AMERICA ROUNDUP — Free trade agreement for all?
While Canada, Mexico and the U.S. work at a North American Free Trade Agreement (NAFTA), a U.S. official says it is possible other Latin American nations could be included in the pact. Trade represent…
Small mines emerging from Mishibishu area
After battling skeptics and fickle financial markets for more than eight years, Monk Gold Resources (ASE) may finally realize its dream of becoming a small-scale gold producer. The company recently no…