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…
News
Cove doubles Echo Bay’s reserves
Luck is a valuable asset in the mining business. And Echo Bay Mines of Edmonton got a liberal dose of it in 1987. When Chairman Robert Calman and President John Zigarlick struck a $130-million deal wi…
Books (January 04, 1988)
Silver Centre Rediscovered by Peter Fancy. Covers Northern Ontario mining history from 1932 to date. 143 pages, $24.95, Published by Highway Book Shop, Cobalt, Ont. P0J1C0.
Wrightbar reports 5 drills working
Three surface and two underground drills are currently working at its Bourlamaque Twp. gold property in northwestern Quebec, Wrightbar Mines reports. Among the better surface drilling results to date …
Queries Slack leaves Belmoral in great shape
As an owner of Belmoral Mines’ common shares, I would like to be brought up-to-date on the activities of this Toronto-based company. N.M. Prince Albert, Sask. (Set 8 1/2 pt on 10 times roman across …
Osisko options property
An exploration program is planned for the 153-claim property held by Osisko Lake Mines in the Pickle Lake area of northwestern Ontario. Located 1,500 ft north of ground held by St. Joe Canada, the pro…
Valentine drilling B.C. gold prospect
A 20,000-ft drill program is under way on Valentine Gold Corp.’s Valentine Mountain gold project northwest of Sooke on Vancouver Island.
St Genevieve funding
Two private placements have been entered into by St. Genevieve Resources of Montreal to raise funds for exploration. One agreement is with E.M.Q. (1987) Mineral Exploration and Co., Ltd. Partnership w…
50 Years Ago January, 1938 METALS LEAD RECOVERY MOVEMENT
The tide of base metal consumption, which had been ebbing steadily since last mid-summer, may resume its flow this week. The reason is that markets for copper, lead and zinc are springing into activi…
50 Years Ago January, 1938 RYAN BROTHERS MAKE FINE DEAL
The unusually high grade character of the gold ore disclosed on the Ryan Gold Mines property on the Yellowknife River in the Northwest Territories is indicated by the deal which was made between the o…
A BREAKNECK PACE Holt-McDermott
In the pantheon of producing mines controlled or owned outright by American Barrick Resources, the Holt-McDermott property should hold a place of distinction. Once this property comes on-stream, it wi…
A BREAKNECK PACE Bell Creek
The Canamax game plan goes as follows: like most other junior explorers, the company first focuses on promising exploration projects. It then sets an “economic hurdle,” such as establishing that a pro…