Books (August 22, 1988)
The Gold Hunter’s Guide to Nova Scotia by Tony Bishop. Author discusses where to find gold in Nova Scotia, how to stake a claim, prospect and pan. Finer details include mining law, equipment needed, h…
News
Montreal Exchange Orex gains ground
A quiet week on the Montreal Exchange saw most resource issues lose ground with junior issues suffering the most from the lack of interest in the market. An indication of the weaker interest in junior…
Alberta Gold’s Iris claims could be mined via open pit (August 22, 1988)
A financing agreement has been signed by Alberta Gold Exploration Corp. (ASE) which will provide the company with $1.9 million on a flow-through share basis. A large portion of the funds will finance …
Nerco celebrates Con mine’s 50th
Nerco Minerals recently celebrated the 50th anniversary of its Con mine at Yellowknife. Mine officials and local residents marked the occasion at the Robertson headframe, the tallest structure in the …
Books in Review OGS publishes new book on gold
An 8-year study by the Ontario Geological Survey has culminated in publication of a new book about gold, titled Archean Lode Gold Deposits in Ontario. Underlining the importance of the book’s subject …
Alberta Stock Exchange Aug 17 Noble Peak moves up
Some good assay results from the Turquetil property in the Northwest Territories made Noble Peak Resources a standout on an otherwise lacklustre trading session. The Noble Peak issue gained 25 cents …
New discovery for new issue
Drilling should begin in September on a new gold discovery near Lac La Hache, B.C. Trenching on the Miracle Claims, 28 km north of the town, held by newly-listed G.W.R. Resources of Vancouver, has ret…
Gallactic boosts stake in Panorama Resources
It’s been a busy week for Galactic Resources (TSE). The company closed a series of related transactions valued at $39,375,000(US) with Homestake Mining, and more recently increased its stake in Panora…
Omni’s Mt. Skukum soon to begin production
Most people are surprised to learn that hardrock mining is a recent addition to the Yukon’s gold mining history. Indeed, names like Mt Skukum and Ketza River are all part of the new “hardrock generat…
FUTURES PRICES (August 22, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug 93.40 93.40 93.45 — 0.55 Sep 94.95 92.30 …
Books in Review Book on gold: how it’s found, how it’s mined
“One thing that has always saddened me is the apparent lack of knowledge that most people have about the actual process of finding a mine.” That lack of understanding as he saw it inspired John Gammon…
Minnesota mineral lease sale
Minnesota’s department of Natural Resources is in the final stages of assembling the list of lands and mineral rights that will be offered at the 1988 state metallic minerals lease sale. The date of t…