Gradore to reorganize
A cease trade order against Gradore Mines Ltd. (COATS), in effect since Feb 13, 1973, was rescinded recently by the Ontario Securities Commission, the company now being up to date with its filings. A …
News
Noranda/Freewest start joint venture drilling
Noranda Inc. (TSE) has started drilling on a gold property held in joint venture with Freewest Resources (ME). The drill program will follow-up a strong intersection completed last year, which cut 57….
Neptune expands acreage around Colomac project
Busy Neptune Resources (TSE) is expanding its land position in the Indin Lake, N.W.T. area where it is spending $128 million to bring its Colomac gold project into production. The Toronto-based compan…
Query Diepdaume update
I read with interest in your issue of Dec 5, 1988, the announcement of the proposed merger of American Reserve and Associated Porcupine. I am writing to enquire on the status of Diepdaume Mines, a com…
Augdome starts court action against Metalore
An action has been commenced in the Supreme Court of Ontario against Metalore Resources (TSE) by COATS-listed Augdome Corp. Augdome, which owns a group of patented claims in Tisdale Twp., adjacent to …
Gold Funds (January 16, 1989)
BGR Goldcorp Central MVP Capital Net value $11.86 8.74 6.73 N/A Price $ 9.125 6.00 5.75 N/A Discount 23.06% 31.3% 14.6% N/A…
Geology of Ontario map series, a major OGS initiative
A major initiative now under way by the Ontario Geological Survey will eventually see a new set of comprehensive geology maps produced for the province by 1991. Chief geologist of the province’s Preca…
Echo Bay, Coeur d’Alene extend Kensington vein on Alaska gold
An underground adit has intersected a downward extension of the Kensington vein on Echo Bay Mines’ (TSE) and Coeur d’Alene Mines’ (Amex) gold property located 50 miles north of Juneau, Alaska. The vei…
Industry honors its own at first Hall of Fame dinner
The new Canadian Mining Hall of Fame recently welcomed its first 12 members during a gala induction banquet held at the Royal York Hotel in Toronto. Maurice Brown, chairman of the Hall of Fame, presid…
High grade keeps Campbell at the head of the class
As one of the world’s highest-grade Agold mines, the Campbell Red Lake Ahas long remained splendidly isolated from the crucial barometers that affect other gold producers. So rich is the gold minerali…
Newmont suffers heavy fire damage
A fire at Newmont Gold Company’s Mill No 2 primary crusher on Dec 27 caused heavy damage to the structure. The exact cause of the blaze has not been determined but it appears to involve efforts to pre…
Mill City targets Tyranite after share consolidation
The shares of Mill City Gold Mining Corp. (ASE) began trading on the Alberta Stock Exchange recently after the company gained shareholder and regulatory approval for a stock consolidation. The company…