Bar in the picture on Nevada gold mine
The recent high grade gold discovery at the Buckhorn mine (N.M., Sept 21/87) in Nevada has tended to focus on two companies: Cominco Resources International and Equinox Resources. But Vancouver-based …
News
GENERAL NEWS & COMMENT Placer Dome mill worker wins globe-trotting
Rene Lecompte, a 27-year-old mill worker from the Kiena Gold Mines near Malartic, Que., will soon be taking a trip around the world thanks to Kiena’s parent company, Placer Dome Inc. To commemorate th…
Three months and counting till Winston Lake start-up, Minnova
Minnova Inc. and 20% partner Zenmac Zinc have set Dec 15 as the target date for turning over the mill at the Winston Lake mine, 20 km northeast of here. The mine site is alive with activity, The North…
Phase 1 drilling complete at Parklane’s Spooner bet
The initial phase of a trenching and diamond drilling program at Vancouver-listed Parklane Technologies’ Spooner gold property near Beardmore, Ont., is now complete. The Calgary company says four new …
Trader results cut reserves at Tel project
Discouraging drill results at Trader Resources Tel deposit on Banks Island, B.C. has forced the company to reduce its reserve estimate by about half. Based on the results of a 71-hole diamond drill pr…
Better driving on refractory gold deposit in B. C.
At present gold prices it’s not surprising that companies are taking a second look at refractory mineral deposits. Twelve miles west of this Vancouver Island coastal community, one such company, Bette…
Exploration budget doubled at Cheni Gold’s B.C. bet
Site preparation at Cheni Gold Mines’ Lawyers property is on schedule and within budget, says Paul Girard, president. Road access into the Sturdee airstrip was scheduled for completion by the first we…
Sunmist to drill Cobalt area bet
Sunmist Energy ’86 Inc. reports it will carry out a diamond drill program on its newly-acquired Keeley- Frontier property in South Lorrain Twp., near Cobalt, Ont. Sunmist says it purchased the propert…
Vancouver Stock Exchange Neutral mood prevails
The overall market trend in Vancouver is decidedly neutral. Sharp losses in New York and Toronto were not duplicated here, probably because Vancouver is so heavily gold oriented. And the yellow metal …
Delbridge find visible gold at DeSantis bet
Robert Onotsky, president of coats-listed Delbridge Mines is quite enthused and excited over sightings of visible gold on the company’s DeSantis property in Turnbull Twp., near Timmins, Ont. In a phon…
Que West refinances
A refinancing and capital reorganization program is in progress for Que West Resources. The company says it has an agreement with Cancapital Corp. and S.C. Equities, whereby these companies have acqui…
Coniagas Group releases 1987 first half results
The companies which form the Toronto-based Coniagas Group have just released results for the six months ended June 30, 1987. Quebec Sturgeon River Mines reported a loss for the period of $119,184 or 1…