Airborne surveys in northern Ontario
Airborne geophysical surveys, which provide a cost-effective method of covering large, inaccessible areas, have started in northern Ontario. The Shining Tree, Batchawana, North Swazye/Montcalm Twp., S…
News
Vancouver Stock Exchange Confidence restored after mini crash
The Vancouver Stock Exchange rebounded swiftly after the October, 1989, mini market crash that began ominously enough on Friday 13th as a broker’s worst recurring nightmare. But after sweating out the…
Brex to acquire graphite property
An option agreement has been signed by Exploration Brex (ME) to allow it to acquire a 100% interest in a graphite property in Preston Twp., about 12 miles from Mont- Laurier, north of Montreal. Brex r…
Dolly Varden drilling confirms base metal potential
Results from a series of new drill holes on the Dolly Varden properties near Stewart, B.C., has Dolly Varden Minerals (VSE) planning a substantial drill program to further test the property’s potentia…
Project pipleine’ key to growth
A mere six years ago, three of the gold mining companies represented at the Goldman, Sachs mining seminar here did not exist. That point, made during a panel discussion by Ned Goodman, chairman and f…
Canadians develop taste for poison pill concept
Almost a year after Toronto- based Inco Ltd. (TSE) became the first Canadian company to adopt a shareholders’ rights plan, also known as a poison pill, the concept is beginning to catch on. As they se…
COATS (over-the-counter) Dayton sheds 65 cents
The shares of Dayton Porcupine Gold Mines took a big drop this week, shedding 65 cents to close at $1.75 on six transactions. The company operates the Ross mine east of Timmins, Ont. Ore at that unde…
Letters to the Editor Western Copper independent of Teck
In the Oct 2, 1989, issue of The Northern Miner, you carried an article headlined “Thermal, Teck combine on Yukon copper oxide deposit.” I’d like to clear up some misunderstanding which the emphasis o…
Cominco drills to 1,600 ft at Tul;sequah Chief mine
The 1989 exploration program by Cominco Ltd. (TSE) at the Tulsequah Chief mine in northwestern British Columbia has now tested the Tulsequah mineral horizon to a vertical depth of 1,600 ft below the l…
Alberta Stock Exchange Business as usual
Despite the 1989 market crash that didn’t happen, it was pretty much business as usual on the Alberta Exchange this week where declines appeared to outweigh the number of advances. Many of the issues …
Iskut River access road will cost $12.5 million
A study of road access options to the Iskut River mining camp in northwestern British Columbia has instilled hope that government agencies will approve a road built from Highway 37 to the Bronson Cree…
Letters to the Editor Western mining’s value warrants R&D centre
The Canadian mining industry should be disappointed that 12 scientists at the federal government’s surface mining laboratory in Devon, Alta., have been declared surplus (“Research rivalry” Oct 2, 1989…