Spectacular gold shows made to SMDC, partners
Spectacular shows of gold have been confirmed by the Saskatchewan Mining Development Corp on ground held by the company and partners in the La Ronge area of northern Sask. smdc geologists are taking c…
News
Tax Angles Flow-through phase-out
It is finally becoming widely recognized that Mr Wilson’s tax reform proposals will gradually reduce the tax advantages of flow- through shares so that, when the reform measures are fully implemented …
Teck Corp’s Highmont plant to join Highland Valley
Much to its relief, Teck Corp. has concluded an agreement to incorporate its dormant Highmont plant into Cominco and Lornex Mining’s Highland Valley Copper project in southwestern B.C. Teck President …
Champagne flows over gold at D’Or Val Mines ceremony
Officially opening its D’Or Val Mines gold mine near here this month was the Vancouver-based Hughes-Lang Group. About 650 people attending the ceremony saw D’Or Val Mines President Frank Lang, instead…
Cambior gobbles Sullivan Mines
A merger agreement between Cambior Inc. and Sullivan Mines has been announced by Cambior President Louis Gignac. Cambior, which currently has a 35% stake in Sullivan, plans to increase to 100% its sha…
Exploration ’87 set for Toronto
Exploration ’87, otherwise known as the “Third Decennial International Conference on Geophysical and Geochemical Exploration for Minerals and Groundwater”, has attracted a distinguished slate of the w…
Mingold, Range in $3m. venture
An agreement has been completed between Golden Range Resources and Mingold Resources, a 100%-owned affiliate of Inspiration Resources Corp. and Minorco Canada. Under the terms of the deal, Golden Rang…
Normetal expects higher tonnage
Higher reserves are expected by Normetal Mining Exploration following the first phase of drilling on property in Desmeloizes and Perron Twps. in northwestern Quebec. The drilling, financed by La Sarre…
Correction (September 21, 1987)
In the Sept 4 issue of The Northern Miner, we reported that Franco- Nevada Mining had losses of $409,000 for the 6-month period ended June 30, 1987. In fact the $409,000 reported was accumulated over …
New high grade zone for Fairfield Minerals
A second high grade zone has been discovered at Fairfield Minerals’ Logan zinc-silver property 65 miles west of Watson Lake, Yukon. The property falls under a joint venture agreement with Getty Resour…
Parklane to start drilling program at Contwoyto Lake
A 10,000-ft program of diamond drilling is planned by Parklane Technologies on the Rox/Vox claim group in the Contwoyto Lake area, N.W.T. The company says it is preparing now to start the first-phase …
Montreal Exchange (September 21, 1987)
Continuing to trade actively on the Montreal Exchange this week was Abitibi Metal Mines, which closed down 3 cents to 24 cents with more than 1.2 million shares changing hands. Confident about bringi…