Busy year for Power at Opapimiskan bets
In a busy year, Power Explorations (TSE) spent $8.6 million on a number of gold properties in the Opapimiskan Lake, Pickle Lake and Dryden areas of northwestern Ontario. The company recently increased…
News
Mining engineers
Reno, Nevada will be the site Oct. 13-15 of a presentation Gold Exploration; Techniques and Problems by the Society of Mining Engineers. Technical sessions will include such topics as new models for g…
PDAC seeks gov’t action on Toronto regional office
The Prospectors and Developers Association of Canada (PDAC) is expressing concern over the potential deterioration of services provided by the Ontario Ministry of Northern Development and Mines to the…
More drilling Chance ground
Further exploratory drilling will be carried out on the Kidd Twp. properties of Chance Mining and Exploration Co. (COATS) in the Timmins area this year, President M. Zurowski states in the annual repo…
Maggie to drill
Diamond drilling is expected to begin in the next few weeks at International Maggie Mines’ (VSE) Indian River property six miles southeast of Squamish, B.C. The property falls under an option agreemen…
Zinc stronger on increased demand
Labor troubles and a higher demand by the automobile industry are among the reasons given for the rise in the price of zinc to dizzying levels. The base metal, which last year averaged 36 cents (US) p…
Editorial Giving birth to a giant
July 1, Canada Day, will mark the beginning of a new major mining company in Canada. That’s the day a merger of Eldorado Nuclear and the Saskatchewan Mining Development Corporation is expected to clos…
Normabec on ME
Junior-mining company Normabec Resources of Rouyn-Noranda, Que., was recently listed for trading on the Montreal Exchange (symbol NMB). The company owns eight properties in a number of Quebec township…
Eureka, Hawthorne study suggests mine possible
An independent engineering study indicates a 3-year mine life at the Mindora gold-silver project of Eureka Resources (VSE) and Hawthorne Gold (VSE). Eureka President Jack O’Neill says the companies ar…
Win-Eldrich aims for early production Nevada gold project
If results of the feasibility testing now under way prove satisfactory, Win-Eldrich Mines (TSE) could be seeing heap leach production from its Ashdown gold project in Nevada as early as mid-1989, Rube…
Better calculation yields higher grade
Resources (VSE) has established a higher grade reserve at its Mount Washington property on Vancouver Island. A new calculation shows 472,000 tons averaging 0.26 oz gold and 1.3 oz silver. A minimum 6-…
Development award goes to Gordon at N.B. symposium
Morton Gordon, chairman of Gordex Minerals, has been named 1987 “Developer of the Year” by the New Brunswick Prospectors and Developers Association, and received a presentation at a recent gold sympos…