News

Mill Rationalization Program

An engineering, procurement and construction management contract for a mill rationalization program was recently awarded to Wright Engineers and Fluor Daniel by Inco Ltd. The program, which is expecte…


MinVen finds gold in S. Dakota

Surface drilling at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota has encountered significant gold mineralization over some unusually long thicknesses. The company is involved in a $9.4 mil…


Joint milling plan possible for Grangesw, Muscocho

The principal operating companies involved in the adjacent Mishi and Magnacon gold projects, Granges Exploration (TSE) and Muscocho Explorations (TSE), have agreed in principle to test mill up to 200 …


Base metal potential at Cobalt silver mine

Joint venture partners Silverside Resources (TSE) and International Platinum Corp. (TSE) have an- nounced a base metal discovery on their 520 acre silver property located northeast of Cobalt, Ont. The…


People (October 17, 1988)

Well-known Canadian geologist Steven Scott has been appointed Chairman of the Geological Engineering division at the University of Toronto. A professor of geology at the University of Toronto, Dr Scot…


Graphite play viable Stewart Lake says

A prefeasibility study for the Kirkham graphite deposit north of Kingston, Ont., has been completed, Stewart Lake Resources (TSE) says. The study, completed by Kilborn Ltd., a consulting engineering c…


MinVen finds gold in South Dakota

The first gold button has been poured from the Gilt Edge Mine owned by Colorado-based MinVen Gold Corp. (TSE). Located near Deadwood, South Dakota, the Gilt Edge Mine is owned and operated by MinVen’s…


Mill tune-up phase begins at Mark V bet

The first of several test milling runs was recently completed at Mark V Petroleums and Mines’ (VSE) Bagdad gold property near Philipsburg, Mt., where the Vancouver company is tracking a number of high…


Canaco earning interest

An option agreement has been reached by Canaco Mining Resources (ME) with Cambior Inc. (TSE) whereby Canaco may acquire a 45% interest in the latter’s Rouyn- Merger property located several miles east…


Starrex’s Star Lake mine sparks gold rush in Sask.

The Star Lake gold mine in northern Saskatchewan is one of the pleasant stories in recent Canadian mining. In commercial production since the beginning of 1987, its success has sparked somewhat of a g…


Belore pleased with Meat Cove assays

Trenching results from the Meat Cove property have returned several encouraging assays, Belore Mines (ASE) says. Held under option from United Reef Petroleum (TSE), the Meat Cove property is located o…


INSIDER TRADES (October 17, 1988)

Amir — G. Nordin sold 125,000 (July, private) to hold 10,600. Bar Res — D. MacLeod sold 260,650 (Sept, private) to hold nil. Breakwater — R. McDonald sold 30,708 (Sept) to hold nil. Canuc — R. Gun…


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