Nor-Acme, High River dewatering Snow Lake mine
Dewatering at the former producing Snow Lake gold mine in Manitoba has reached the 450-ft level, partners Nor-Acme Gold Mines and High River Resources say. The target depth is 1,780 ft, the lowest min…
News
Flagship claim option
A joint venture deal has been signed between Flagship Resources and Harroway Resources, a private company in Ontario. Harroway has the right to earn a 50% interest in Flagship’s 26-claim property in M…
Ontqario majors brace for tighter polution laws
In a bid to find more efficient ways to reduce sulphur dioxide emissions without increasing its operating costs, Toronto-based Inco Ltd. spent $105 million between 1980 and December 1986 on pollution …
Vista files prospectus
Vista Mines has filed an offering prospectus with the Toronto Stock Exchange. The underwriter is Davidson Partners. The issue will raise a maximum of $750,000 for Vista’s gold mine project near the Sa…
Timmins Report ERG moving on tailings
ERG Resources has picked up a $2.475-million building permit from the city of Timmins, Ont., for the construction of the shell of its new tailings treatment mill building on the property of Giant Yell…
Books Canadian Oil & Gas Handbook 1987-88
CANADIAN OIL & GAS HANDBOOK 1987-88 Published by Northern Miner Press Limited, 7 Labatt Ave., Toronto, Canada M5A3P2, 304 pages. Available in paperback at $32 or with leatherette cover at $36. Add $3 …
Getty, Davidson to produce from diminished reserves
A production decision has been made for the Tisdale property north of Timmins, Ont. Equal partners Getty Resources and Davidson Tisdale Mines say that production, at a rate of 200 tons per day, is sch…
Magnacon reveals surprises for Flanagan and partners
The Magnacon gold project near Wawa in northeastern Ontario continues to surprise, the vice- president of Flanagan McAdam Resources said at the company’s annual meeting. J. T. Flanagan, who is also pr…
Estrades reserves increased by Teck
Drilling by Teck Explorations on the Estrades polymetallic deposit shared with partners Golden Hope Resources and Golden Group Explorations, has elevated reserves above the minimum tonnage required fo…
Teeshin at Shoal Lake
Several surface gold anomalies have been identified by Teeshin Resources on the company’s Sherlock Point claim group near Shoal Lake, Ont. The claims are east of the St. Joe Canada property on which a…
Investment Comment Dickenson Mines good value says Davidson mining
If Pamour Inc. is going to cement its “friendly association” with Dickenson Mines by increasing its stake in the company, now is the time to do it, according to a Toronto-based brokerage firm. Pamour …
Denison, Greece sort out oil deal
The government of Greece plans to nationalize the oil and gas fields in the Aegean Sea held by an international consortium led by Denison Mines. In March the government said it would draft a bill allo…