Zahavy beginning to boost reserves
Some preliminary results have been released by Zahavy Mines from its underground drilling program at its gold-silver-lead-zinc property in the Favourable Lake area of northwestern Ontario. Among the b…
News
Granby options Nevada gold bet
Vancouver-based Granby Resources Inc. has optioned a 50% interest in a gold property in Nevada to Centurion Minerals, also of Vancouver. The property, called the Black Quartz property, lies adjacent t…
Terra, Goldrich sign agreement
Terra Mines and Goldrich Resources have signed an agreement which gives Terra the right to earn a 51% interest in properties held by Goldrich in the West Kootenay area of British Columbia. The deal in…
Freewest options Noranda property
Freewest Resources has acquired an option on claims held by Noranda Exploration in the Harker- Holloway area north of Kirkland Lake, Ont. Freewest has the right to earn a 32% interest in the Noranda c…
Pan East, Greenstrike expect to be underground by end of ’87
Geologist Bernard Gallant, president of Calgary-based Pan East Resources expects to see his company’s exploration project at Fifteen Mile Stream in Halifax Cty., N.S., go to an underground program in …
Golden Princess starts drilling
Drill programs are under way at two properties held by Golden Princes s Mining in Ontario. Noranda Exploration has commenced drilling on the Nickel Offsets property near Timmins. The objective of the …
Sikaman prefeasibility study promises gold from Ghana
Partners Sikaman Gold Resources and Denison Mines recently received results from a prefeasibility study on their Bogosu concession in Ghana, West Africa. Sikaman has a 45% interest in the property, wh…
Strong sections drilled by Power
Additional encouraging drill results have been received by Power Explorations from the company’s Dryden gold project held in joint venture with Van Horne Gold Exploration. The property is located five…
THE EDITORIAL PAGE Science fiction, American style
Summertime is a good time to relax in the sun and do some good reading. But as you know, it’s sometimes difficult to separate the fact from the fiction. Take a recent feature story in America’s scienc…
Potash price in bad slump
Reflecting the depressed price for potash, a loss of $103.4 million was recorded by the Potash Corp of Saskatchewan in 1986, the company’s 10th year of operation. The Crown corporation’s $810-million …
THE EDITORIAL PAGE Complacency an ally of inflation
Too much money chasing too few goods. It’s the classic Keynesian definition of an economic phenomenon which, just seven short years ago, was on the lips of every economist and politician — inflation….
Rush mill building at Madeleine
Madeleine Mines has a major program in hand here that will see Canada’s first platinum-paladium mine in full scale production within a year. A big open pit orebody, this will be an extremely low cost …