Editorial OMA draws a crown
The Ontario Mining Association’s 71st annual dinner recently offered the province’s legislators a chance to show its support for the industry, and the MPPs didn’t let the opportunity slip away. Althou…
News
Letters to the Editor Prospectors need more assay coupons
I am writing this letter primarily on behalf of independent prospectors who find it difficult to assess properly their discoveries with the limited assistance from Ontario’s Ministry of Mines in the f…
Noranda hits on Teddy Bear bear
The Lightning gold zone in Harker and Holloway twps., 40 miles east of Matheson Ont., has yielded more good assays in six of 11 deep holes completed recently by partners Noranda (TSE), Freewest Resour…
Five luminaries garner PDAC awards
Jim Gill and Howard Stockford are among the mining executives whose accomplishments are being recognized this year at the Prospectors and Developers Association’s annual convention in Toronto this wee…
Land use, environment among PDAC issues
Delegates at this year’s Prospectors and Developers Association of Canada Convention will be reminded of some of the new realities that confront the mining industry when they gather at Toronto’s Royal…
Princeton backs out of graphite
By mutual agreement, Princeton Mining (TSE) and Societe D’Exploration Mazarin (ME) have ended negotiations toward an agreement that would have seen Princeton acquire a 50% interest in the Lac Knife gr…
Yukon mining industry looks to increased activity
Cautious optimism about an upturn in mineral exploration this year after the 1989 slowdown might best describe the feelings of the Yukon mining industry. Mine industry representatives predict between …
Interest payments hit Cameco profits
Interest payments on longterm debt resulted in a $33-million drop in earnings reported by uranium producer Cameco in Saskatoon, Sask. The company said its 1989 earnings declined to $23.5 million from …
Cominco to start $1.6 million program for Tulsequah Chief
Project operator Cominco (TSE) is gearing up for the start of its 1990 work program on the Tulsequah Chief volcanogenic massive sulphide project in northwestern British Columbia. A budget of $1.6 mill…
Juniors, seniors form exploration ventures
Relations between junior and senior mining companies in Ontario couldn’t be better this year, as demonstrated by the number of exploration joint ventures under way on dozens of properties across the p…
Hole on Fontana property cuts 45 ft. grading 0.48 oz. gold
A drill hole on the Fontana property in Duverny Twp., about 50 km northwest of Val d’Or, Que., has returned significant gold values in the vicinity of the Hooper- Bunkhouse vein junction. The property…
Parquet, Cache busy in Courville Twp.
Recent drilling by Cache Resources (ME) on Parquet Resources’ (ME) Courville Twp. property, 19 miles northeast of Val d’Or, Que., has confirmed the presence of significant gold values in a previously …