Jonpol joint venture shows good values
A joint venture consisting of Jonpol Explorations, T & H Resources and Vancouver- based Coastoro Resources recently encountered some impressive gold values on their Garrison, Twp. property near Kirkla…
News
Metal Prices FUTURES PRICES (January 04, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 140.00 138.00 136.35 — Mar 123.40 121.90 123.00 + 5.10 May 106.1…
Results encouraging from Reliant drilling
Three gold prospects in the Western United States were targets for drilling programs by Reliant Resources and Newhawk Gold Mines this season. Reliant has an option from Nord Resource Corp. to earn a 7…
Norwood and Oz are encouraged by Exxeter results
Encouraging preliminary results have been reported by Norwood Exploration and Oz Exploration in their exploration program at the Exxeter gold property in Vauquelin Twp., southeast of Val d’Or, Que. No…
People (January 04, 1988)
Ontario Ministry of Northern development and mines — Dr W. R. Cowan appointed manager mining lands and chief mining recorder; Henry Wallace, section chief geoservices section ogs; Dr C. Riddle, secti…
Douglas, Kachmar named to top Wharf positions
The president of Toronto-based Dickenson Mines, J. O. Kachmar, has been named president of Wharf Resources in a shake-up of the latter company’s board of directors. Dickenson, which currently owns alm…
Eldor Resources looking to expand
Eldor Resources, the wholly- owned subsidiary of the federal crown corporation Eldorado Nuclear is currently involved in a number of projects designed to expand its interests beyond uranium. They incl…
Acadia pulls another good hole at Mooseland, extends Hecla bid
Toronto-based Acadia Mineral Ventures has pulled another good hole on its Mooseland property in Nova Scotia, this one from a depth of 1,300 ft. Speaking at the annual meeting in Toronto last week, geo…
Editorial Threat to metals
Metal miners are constantly looking over their shoulders for the men (or women) who may come up with still another substitute for metals in the world’s markets. Their apprehension is not without reaso…
Union backs dismissed Frood workers
The eight Inco Ltd. miners who were dismissed from the company’s Frood mine in Sudbury, Ont., for engaging in dangerous mining practices will not face charges under the Ontario Occupational Health and…
Goldpost extending Hislop West decline
The second stage of underground development is well under way at the Hislop West gold project in the Larder Lake area of northern Ontario, Goldpost Resources reports. The company is hoping to extend t…
Teck expanding gold base as revenue and profits soar
Diversification has always paid off well for Teck Corp. and the sharply higher profits show 1987 to be no exception. Gold takes the front seat this year, boosting net earnings to $33.6 million on reve…