Trip down under
A local consulting engineer, Ronald B. Stokes, is organizing a safari to Australia which won’t require a rifle. However, a “riffled” sluice box might help because the safari is for gem collectors and …
News
Hecla to exercise Mooseland option (March 07, 1988)
Hecla Mining Co. of Canada has optioned the Mooseland gold property owned by Acadia Mineral Ventures. Under the terms agreed to by both companies, Hecla can earn a 60% interest by financing the projec…
Increase in market value possible for Franco-Nevada (March 07, 1988)
As holder of a considerable royalty interests in American Barrick Resources’ Goldstrike property near Elko, Nev., Franco-Nevada Mining of Toronto finds itself in an enviable position. Franco-Nevada ho…
Feasibility near for NSR/Cogesco
Partners NSR Resources of Toronto and Nova-Cogesco Resources say they are just two months from a feasibility study at the Rand Malartic project in Fourniere Twp., Que. The joint venturers are executin…
Inco continues research into emission reduction
Inco Ltd. says its research program is continuing to indicate potential for further reductions in sulphur dioxide emissions from the company’s Sudbury smelter complex. In a report to the Ontario minis…
NovaGold to seek financing for work in U.S. southwest
Levesque Beaubien Inc. will test the financial waters “in the next little while,” to raise exploration funds for NovaGold Resources, The Northern Miner has learned. The geological consulting firm Watt…
Western Mining names CEO to run Canadian Subsidiary
Australia-based Western Mining Corp. has named a new chief executive officer to run its Canadian subsidiary. Jim Lalor, Western’s general manager of investment projects, is scheduled to take up his ne…
Bishop Mintek re-open B.C. mine
Two Vancouver-based companies, Bishop Resources Development and Mintek Resources, which are in the process of merging have re- opened a small silver-gold-lead-zinc mine near Smithers, B.C., which last…
Exploration ’88 KERR-ADDISON
Kerr Addison Mines will spend about $6.5 million exploring for gold on its properties in Quebec, Ontario, British Columbia and Nevada. The total will rise to about $10 million when contributions are …
Exploration ’88 BELMORAL
Belmoral Mines and its associated companies will spend more than $30 million in 1988 on exploration and development of existing operations and properties. They are located near Val d’Or, Que. and in t…
Exploration ’88 TECK
Teck Corp.’s strategy in 1986 and 1987 was to revitalize its portfolio of properties through deals with junior companies that take advantage of the flow-through share funding so readily available to t…
Exploration ’88 PEZIM GROUP
The exploration arm of the ubiquitous Pezim group of companies is now known as Prime Explorations (formerly Galveston Explorations). In North America, Prime will be involved in nearly 50 exploration p…