Newfields pleased with Narrows results
Several encouraging drill intersections have been drilled by Newfields Minerals on the company’s Teck-Hughes property near Kirkland Lake, Ont. Drilling on the Narrows Break zone returned a 6.8-ft sect…
News
Canhorn selling Citadel shares to investor group
Toronto-based Canhorn Mining has announced a plan to sell almost all of its 34.5% interest in Citadel Gold Mines to a group of Toronto investors. While Citadel is the 100%-owner of a Wawa, Ont., gold …
Candol acquisitions
Candol Developments has acquired options giving the company the right to acquire a 40% interest in seven properties. The properties cover several gold, silver and base metal showings which will be the…
Sirious/Eaglet drill Adams Plateau claims
A $285,000 geophysical and diamond drilling program is being undertaken by joint venture partners Sirious Resource and Eaglet Mines on Adams Exploration’s precious metals-massive sulphide claims on th…
COATS Trading Features (February 01, 1988)
Much troubled Carolin Mines, which was plagued by all sorts of problems at its Ladner Creek, B.C., gold property several years ago, is being thinly traded on coats. The issue was quiet at $1.15 this w…
Breakwater output
Gold output at the Cannon mine at Wenatchee, Wash., was approximately 6% higher than expected in 1987, according to Breakwater Resources which has a 49% interest in the mine. Calgary-based Asamera Inc…
What’s New DRILL FEATURES AUTOMATIC CONTROLS
Marubeni America Corp. of Bensenville, Ill., has introduced a Tri- Sensing System on its hcr-c180r Furukawa rock drill. By monitoring flushing air volumes, air pressure and rotational torque while dri…
Letters HIGHLAND VALLEY HISTORY
In your December, 1987, issue there appears an article by David Duval headed “The History of Highland Valley Copper,” which states the following: “Discovered in the early 1960s by Egil Lorntzsen, the …
Bay, Stratmin, Jilbey commit $9 million to Fontana bet
Pierre Gauthier should be smiling. His company, St. Genevieve Resources, through the 89.7%- owned Montreal junior Bay Resources and Services, has hit some better-than-average results on it’s Fontana p…
Obituary Frank Archibald
The former chairman of Southern Peru Copper Corp., Frank W. Archibald, has died at the age of 67 in Corpus Christi, Tex. Southern Peru Copper, based in New York, is the largest copper mining enterpris…
What’s New IMPROVED WHEEL LOADER
Dresser’s new 555 Pay* loader is available in bucket capacities ranging from 5.5 cu yd to 11 cu yd. Maximum breakout force of this 315-hp wheel loader is 60,000 lb. Internal, force-cooled, wet disc br…
50 Years Ago FEBRUARY, 1938 MINISTER SCOTCHES NICKEL RUMORS
Canada has no intention of placing an embargo on exports of nickel to foreign countries either engaged in war or in re-armament activities, says W. D. Euler, minister of trade and commerce. Mr Euler d…