Barrick’s Carlin drill hints at new discovery
Results from a deep drill hole at American Barrick Resources’ Goldstrike mine near Elko, Nev., seem to indicate that the Toronto-based company could be on the verge of another major discovery. As repo…
News
Cominco International busy with two potential mines
Newly-created Cominco Resources International is making good progress towards its objective of becoming an international mining company. Created in May, 1987 by parent company Cominco Ltd., which hold…
CIM District Six meeting reviewed B.C. gold projects
If attendance at cim’s District Six 11th annual meeting here Oct 28-31 is a barometer that will gauge exploration in British Columbia and the Yukon, then sagging stock exchange markets will not pressu…
Norwood exploring property anomaly
A program of stripping, detailed mapping, channeling and sampling was performed in September on anomaly “A” on property in Currie Twp. located in northern Quebec between Val d’Or and Chibougamau, Norw…
Books in Review (November 16, 1987)
The Prospect for Gold: the view to the year 2000 by Timothy Green; ** published by Rosendale Press, 140 Rosendale Rd., Dulwich, London SE21 8LG; available in North America from Walker & Co., 720 Fifth…
Pacific Minesearch drills U.S. bet
Encouraged by results at its Howie gold property near Charlotte, N.C., Pacific Minesearch is continuing a 15,000-ft diamond drilling program. In a joint venture with Cominco America, the company will …
McAdam confirms three zones at McWatters gold property
Having survived the recent stock market debacle with its share price relatively intact, McAdam Resources of Toronto recently released an update on its exploration properties. At press time, the McAdam…
Noranda gold find on Destiny claims
Drilling by Noranda Exploration on a property shared with Destiny Resources has intersected a gold mineralized zone 65 miles east of Timmins, Ont. Known as the Windjammer project, the property covers …
Brenda improves profit (November 16, 1987)
Stronger copper and molybdenum prices were cited as the reason behind improved earnings at Brenda Mines. The company, which operates a large copper-moly mine in British Columbia, realized net earnings…
Ecudor new name of La Pause Res.
Quebec junior-mining firm La Pause Resources has a new name: Ecudor Mining Society. The name change and a share consolidation, on a 10-old-shares- for-1-new-share basis, were approved at the company’s…
Equinox results from Muskox bet
Partial results have been released from a recent exploration program at the Muskox property in the Northwest Territories. The property is the subject of a joint venture agreement between Equinox Resou…
Brunswick scratches profit from extraordinary gain
Earnings from operations at Brunswick Mining and Smelting Corp.’s large zinc-lead operation near Bathurst, N.B., failed to materialize during the third quarter ended Sept. 30. For the period, the mine…