News


DRILLING: THE NEXT DECADE

Looking ahead to the 1990s, some Canadian mines may very well be driving drifts, crosscuts and raises with a technology completely different from anything in use today. While drilling and blasting hav…


Quinterra pleased at Central Patricia

Exploration work completed by partners Quinterra Resources (TSE) and Pure Gold Resources (TSE) on the Central Patricia property near Pickle Lake, Ont., has returned strong gold values from the Springe…


Cassiar reaches turning point in ’87 operations

Last year marked a turning point for Cassiar Mining (TSE) which reported net earnings of $3.7 million and announced plans to develop the McDame asbestos deposit near its existing open pit mining opera…


INSIDER TRADES (May 02, 1988)

Barron Hunter Hargrave — J. Hargrave sold 35,000 to hold 4,777,200. Black Hawk — S. Dattels sold 725,000 to hold nil. Canacord — L. McCarthy sold 40,500 to hold 171,200. Canamax — Amax Gold (Can) …


Editor’s Note HALF TRUTHS

I don’t know how often I’ve heard this, but it’s certainly been often enough I and in so many different contexts that for a time I came to consider it only a comfortable cliche — one of those sayings…


More high grade at Newhawk Gold

Several more high grade drill intersections have been reported from Newhawk Gold Mines’ (VSE) Sulphurets property north of Stewart, B.C. Sectional drilling was recently completed on eight new sections…



Euro-Nevada Mining approves placement

The directors of Euro-Nevada Mining (TSE) have approved an $8- million(US) placement of 6 1/2% exchangeable debentures of its wholly- owned subsidiary, Euro-Nevada Mining Corp. Inc. to European invest…


Drill results encourage Aster at dolomite bet

A band of high quality dolomite with a maximum of 1% silica impurities and a minimum whiteness of 88.5% (meeting the company’s standards) has been uncovered by Aster Exploration (ME) at its Portage-du…


Noranda’s Yukon drilling extends potential

Two drill holes have extended the strike potential in the Main zone at the Grew Creek gold discovery near Faro, Yukon. Noranda Exploration is operator for a joint venture which includes Golden Nevada …


News in Brief (April 25, 1988)

Nu Pacific Resources has amalgamated into Iron Lady Resources Inc. (IRD:VSE). Shareholders of Nu Pacific receive 1-new-for-3-old shares; shareholders of Iron Lady receive share-for-share.


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