News

Calendar (March 01, 1990)

April 1-5, Sparks, Nev. The Geology and Ore Deposits of the Great Basin. At the Nugget Hotel. Contact Geological Society of Nevada, Box 12021, Reno, Nev. 89510. April 2-6, Birmingham, England. Metalwo…


THE PITFALLS OF GOING PUBLIC: DIARY OF A CYNIC

So, you want to go public. You figure you can get together some money, start a public company to explore that mineral showing, find a mine. And get rich. I’ve been through that process during the past…


CHARGE IT

CHARGE IT We learned recently that nickel/copper production has been suffering at Falconbridge’s Sudbury refinery. Faced with a critical demand overload, Ontario Hydro triggered a clause in its electr…


MAGNETOMETERS

Airborne, ground and borehole magnetometer surveys are not what they used to be. A revolution of sorts came in the early 1980s. “Smart” microprocessor-based magnetometers made it possible to store, re…



WHAT’S NEW

ELECTRIC TROLLEY TRUCK Wagner Mining Equipment, now owned by Atlas Copco, has introduced a 350-hp electric trolley truck. The EMT-439, equipped with a 1,000- volt, 3-phase electric motor, has a payloa…


GEOLOGICAL JACKPOT

The Louvicourt copper-zinc-silver-gold massive sulphide deposit, 24 km east of Val d’Or, Que., has 35.9 million tons (32.5 million tonnes) of geological reserves. These grade 3.11% copper, 1.34% zinc,…


FOUND: RED DOG

We are writing to correct the story of how the Red Dog deposit in Alaska was discovered (TNMM, January, 1990). The following account comes from Robert Griffis, who was a member of the Watts, Griffis a…


NOVA SCOTIA GOLD

Within the mining industry, there are varying opinions on the potential for an economic gold deposit in Nova Scotia. For this reason, we will attempt to give some insights on the past as well as curre…



Correction (February 26, 1990)

Contrary to what was reported (T.N.M., Feb. 19/90), Noranda Exploration President John Harvey recently sold 2,335 Noranda shares for between $24.125 and $24.625 to hold 36,971.


Wide zones cut on Noranda-Akiko bet

Joint venture partners Noranda (TSE) and Akiko-Lori Gold Resources (VSE) have reported substantial widths of low-grade gold mineralization from a recently completed drill program on the Springpole pro…


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